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111-25 Jamaica Avenue
Richmond Hill NY 11418 US

$1,588,000

Active Listing ID H6310943
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Mixed Use

$1,588,000

Active Listing ID H6310943
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111-25 Jamaica Avenue 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

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Mixed Use
  • Features
  • Heating Fuels: Baseboard

Property

  • propertytype: Commercial Sale
  • propertysubtype: Mixed Use
  • listprice: 1588000
  • unparsedaddress: 111-25 Jamaica Avenue
  • postalcity: Richmond Hill
  • stateorprovince: NY
  • country: US
  • postalcode: 11418
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 40.697491
  • longitude: -73.836609
  • listagentfullname: Jonathan Minerick
  • listagentemail: info@homecoin.com
  • listagentkey: 3yd-MLSLINY-H65028
  • listagentmlsid: H65028
  • listagentpreferredphone: 8884002513
  • listagentofficephone: 8884002513
  • listofficekey: 3yd-MLSLINY-HMCOIN
  • listagentstatelicense: 10311209448
  • listofficemlsid: HMCOIN
  • disclaimer: Copyright © 2024 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MLSLINY
  • yearbuilt: 1931
  • listingcontractdate: 2024-06-04
  • listagenturl: https://homecoin.com
  • countyorparish: Queens
  • parcelnumber: 09225-0027
  • heating: Baseboard
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -73.83661, 40.69749
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"homecoin.com", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"info@homecoin.com", "ListBrokerageCity":"San Diego", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@homecoin.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MLSLINY/7ecc9991d3d711ec98080242ac110003/20220514224646470.png", "ListBrokerageName":"homecoin.com", "ListBrokeragePhone":"888-400-2513", "ListBrokeragePostalCode":"92101", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":"Ste 300", "ListBrokerageUnparsedAddress":"600 B St", "ListBrokerageWebsiteUrl":"https://homecoin.com", "ListOfficeAddress1":"600 B St., Suite 300", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"San Diego", "ListOfficeCountry":"US", "ListOfficeEmail":"info@homecoin.com", "ListOfficePostalCode":"92101", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Mixed Use - Richmond Hill, NY", "ListingURL":"https://listings.listhub.net/pages/MLSLINY/H6310943/?channel=rexren", "MLSModificationTimestamp":"2024-08-01T14:24:24Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 8:55:20 AM GMT
Source Updated Date: 11/21/2024 7:02:54 AM GMT

Courtesy of: Jonathan Minerick, HomeCoin.com, info@homecoin.com

Copyright © 2024 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.