Properties 3592 of 28875 results« Previous property   Next property »
111-25 Jamaica Avenue New York, NY 11418
$1,588,000
  • Commercial
  • Year Built 1931
  • Multi Family
  • ML# H6310943

Property Details

Overview

This is a mixed use property with 2 retail stores and 2 residential units. All open market. Deli pays $3100 (Have 3 years left) 3% Escalation per year Plus increase of real estate tax Restaurant pays $4800 (Have 7 years left) 3% Escalation per year Plus increase of real estate tax 1 Bedroom pays $1700 have 10 months left 2 Bedroom pays $2550 have 11 months left Taxes around $18, 000 Insurance around $4000 Water & Sewer around $4000 Repairs $2000 All tenants have direct meter and pay for their electricity and gas/heat. Gross Income is $145, 800 Expenses are $28000. Net income is around $117, 800 7.3% cap at the asking price Have additional air rights

Key Facts

  • Lot Size: 0.0445
  • Sale or Rent: Sale

Additional Features

  • Parking Spaces: Yes
  • Parking Facilities: On Street

Interior & Utilities

  • Heat: Baseboard, Natural Gas
  • A/C: None, Wall/Window Unit(s)
  • Water: Other
Listing Information provided courtesy of HomeCoin.com  888-400-2513
OneKey™ MLSThe source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS