1 result available
111-25 Jamaica Avenue, Richmond Hill, NY 11418
Price Reduced $12,000
$1,587,000
–sqft
0.04acres
Commercial Sale
111-25 Jamaica Avenue, Richmond Hill, NY 11418
Listing by: HomeCoin.com
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Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
NYQueensRichmond Hill11418111-25 Jamaica Avenue, Richmond Hill, NY 11418
NY/Queens/Richmond Hill/11418/111-25 Jamaica Avenue, Richmond Hill, NY 11418111-25 Jamaica Avenue, Richmond Hill, NY 11418
Price Reduced $12,000
$1,587,000 $12,000
–sqft
0.04acres
111-25 Jamaica Avenue, Richmond Hill, NY 11418
City/Town:Richmond Hill Post Office: Richmond Hill
Commercial Sale by Jonathan Minerick, HomeCoin.com.
Data checked 4 mins ago. Listing last updated 62 days ago.
- Overview
- Details
- More
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
Details
Property type
Commercial Sale
Year built
1931
Heating
Baseboard, Natural Gas
Cooling
None, Wall/Window Unit(s)
Garage
No
City/Town
Richmond Hill
Post Office
Richmond Hill
Parking spots
-
H6310943
MLS ID
Active
Status
06/04/2024
On Market Date
Flooring
–
View
–
Exterior features
–
Lot features
–
Monthly taxes
-
Yearly taxes
-
Schools
-
Open Houses
In-Person
No upcoming in-person open houses
VirtualNo upcoming virtual open houses
Contact Agent
Building Info
Address
111-25 Jamaica Avenue, Richmond Hill, NY 11418
Neighborhoods
Richmond Hill, Queens, New York City
Year Built
1931
Number of Floors
2
Total Number of Units
4
Gross area
3,283 sqft
Frontage
25 ft
Depth
53 ft
School District
27
Lot Usage
Area square footage
1,938
Office area
133
Retail area
1,825
Commercial area
1,958
Residential area
1,325
Total residential units
2
Lot Info
Block
9,225
Buildings on Lot
1
Corner Lot
NW
Lot
27
Lot location type
3
Width
25 ft
FAR
Built Floor Air Ratio
1.69
Maximum Commercial FAR
3
Maximum Facility FAR
3
Maximum Residential FAR
3
Zoning
Census Block (2010)
130
Census Tract (2010)
2,004
City Council District
29
Community District
409
Location
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–sqft
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111-25 Jamaica Avenue, Richmond Hill, NY 11418, is a 0.04 acres Mixed Use built in 1931.
This property is currently available for sale and was listed on OneKey® MLS on 6-4-2024.
The MLS# for this Mixed Use is MLS# H6310943.
Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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