Property
| Ownership: | For Sale |
|---|---|
| Type: | Multi-Family |
| Bedrooms: | Studio |
| Pets: | Pets No |
Financials
24-20 Jackson Ave Floor 3
Long Island City, NY 11101, USA
Phone: +1 929-442-2208
Listing Courtesy of All Island Estates Realty Corp
DescriptionCalling All Investors, Developers & End-Users!!! 100% Occupied 30,700+ Sqft. Corner Building With Private Parking Lot On Prestigious Northern Blvd. For Sale!!! The Property Is Located In The Heart Of Bayside On Northern Blvd. 2 Blocks From Bell Blvd. & Only Minutes From The Bayside LIRR Station!!! The Property Is Situated Midway Between I-295 & The Cross Island Pkwy.!!! The Building Features Excellent Signage, Great Exposure, R6B/R4/C2-2 Zoning, High 17’ Ceilings, Private Parking Lot, 2 Elevators, Sprinklers, Strategically Placed Curb Cut, 3 Stories, 23 Parking Spaces, 3 Phase Power, All New LED Lighting, CAC, +++!!! Neighbors Include Starbucks, BMW, Jeep-Dodge-Ram, Nissan, USPS, UPS, Northwell Health, Chase Bank, Capital One, Citibank, TD Bank, Investor’s Bank, Verizon, AT&T, CubeSmart Self Storage, Staples, Dunkin’, 7-Eleven, Tropical Smoothie Cafe, Wendy’s, Orangetheory Fitness, Bareburger, CVS, +++!!! The Property Has 101’ Of Frontage On Northern Blvd. + 143’ Of Frontage On 215th St.!!! This Property Has A Daily Traffic Count Of 50,000+ Vehicles Per Day!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!
Income:
1st Floor:
Register Abstract Company (1,060 Sqft.): $98,808.12 Ann.; 3% Ann. Inc.; Lease Exp.: 1/31/30.
Lucia Pizza (1,200 Sqft.): $75,398.23 Ann.; 3% Ann. Inc.; Lease Exp.: 6/30/32.
Tiger Schulmann (3,500 Sqft.): $166,980 Ann.; 10% Inc. Every 5 Years; Lease Exp.: 9/30/29.
2nd Floor:
The Learning Experience (10,000 Sqft.): $484,660.08 Ann.; 10% Inc. Every 5 Years; Lease Exp.: 4/30/35.
3rd Floor:
Mark Khandhorov, Esq. (1,800 Sqft.): $60,000 Ann.; 3% Ann. Inc.; Lease Exp.: 1/31/28.
RJ Capital (2,000 Sqft.): $150,000 Ann.; 3% Ann. Inc.; Lease Exp.: 9/30/29.
Lend IQ (8,500 Sqft.): $150,000 Ann.; 3% Ann. Inc.; Lease Exp.: 10/31/34.
Ground Floor:
KOH Architecture (700 Sqft.): $30,000 Ann.; 10% Inc. Every 5 Years; Lease Exp.: 4/30/26.
Mava Law (600 Sqft.): $30,000 Ann.; 10% Inc. Every 5 Years; Lease Exp.: 10/31/29.
Tax Reimbursement: $96,185.04 Ann.
CAM Reimbursement: $23,155.20 Ann.
Expenses:
Gas: $0 Ann.
Electric: $15,000 Ann.
Water: $3,900 Ann.
Trash: $850 Ann.
Insurance: $27,960 Ann.
Maintenance & Repairs: $1,991.62 Ann.
Taxes: $109,906.16 Ann.
Gross Income: $1,365,186.67 Ann.
Total Expenses: $159,607.78 Ann.
Net Operating Income (NOI): $1,205,578.89 Ann. (7.93% Cap!!!)
Reply, Reply All or ForwardAmenities- Electricity Connected
- Sewer Connected
Calling All Investors, Developers & End-Users!!! 100% Occupied 30,700+ Sqft. Corner Building With Private Parking Lot On Prestigious Northern Blvd. For Sale!!! The Property Is Located In The Heart Of Bayside On Northern Blvd. 2 Blocks From Bell Blvd. & Only Minutes From The Bayside LIRR Station!!! The Property Is Situated Midway Between I-295 & The Cross Island Pkwy.!!! The Building Features Excellent Signage, Great Exposure, R6B/R4/C2-2 Zoning, High 17’ Ceilings, Private Parking Lot, 2 Elevators, Sprinklers, Strategically Placed Curb Cut, 3 Stories, 23 Parking Spaces, 3 Phase Power, All New LED Lighting, CAC, +++!!! Neighbors Include Starbucks, BMW, Jeep-Dodge-Ram, Nissan, USPS, UPS, Northwell Health, Chase Bank, Capital One, Citibank, TD Bank, Investor’s Bank, Verizon, AT&T, CubeSmart Self Storage, Staples, Dunkin’, 7-Eleven, Tropical Smoothie Cafe, Wendy’s, Orangetheory Fitness, Bareburger, CVS, +++!!! The Property Has 101’ Of Frontage On Northern Blvd. + 143’ Of Frontage On 215th St.!!! This Property Has A Daily Traffic Count Of 50,000+ Vehicles Per Day!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!
Income:
1st Floor:
Register Abstract Company (1,060 Sqft.): $98,808.12 Ann.; 3% Ann. Inc.; Lease Exp.: 1/31/30.
Lucia Pizza (1,200 Sqft.): $75,398.23 Ann.; 3% Ann. Inc.; Lease Exp.: 6/30/32.
Tiger Schulmann (3,500 Sqft.): $166,980 Ann.; 10% Inc. Every 5 Years; Lease Exp.: 9/30/29.
2nd Floor:
The Learning Experience (10,000 Sqft.): $484,660.08 Ann.; 10% Inc. Every 5 Years; Lease Exp.: 4/30/35.
3rd Floor:
Mark Khandhorov, Esq. (1,800 Sqft.): $60,000 Ann.; 3% Ann. Inc.; Lease Exp.: 1/31/28.
RJ Capital (2,000 Sqft.): $150,000 Ann.; 3% Ann. Inc.; Lease Exp.: 9/30/29.
Lend IQ (8,500 Sqft.): $150,000 Ann.; 3% Ann. Inc.; Lease Exp.: 10/31/34.
Ground Floor:
KOH Architecture (700 Sqft.): $30,000 Ann.; 10% Inc. Every 5 Years; Lease Exp.: 4/30/26.
Mava Law (600 Sqft.): $30,000 Ann.; 10% Inc. Every 5 Years; Lease Exp.: 10/31/29.
Tax Reimbursement: $96,185.04 Ann.
CAM Reimbursement: $23,155.20 Ann.
Expenses:
Gas: $0 Ann.
Electric: $15,000 Ann.
Water: $3,900 Ann.
Trash: $850 Ann.
Insurance: $27,960 Ann.
Maintenance & Repairs: $1,991.62 Ann.
Taxes: $109,906.16 Ann.
Gross Income: $1,365,186.67 Ann.
Total Expenses: $159,607.78 Ann.
Net Operating Income (NOI): $1,205,578.89 Ann. (7.93% Cap!!!)
Reply, Reply All or Forward
- Electricity Connected
- Sewer Connected
Calling All Investors, Developers amp ; End Users !
- View of building exterior
- View of building exterior featuring uncovered parking
- View of property
- View of commercial location
- View of commercial property featuring uncovered parking
- View of property
- View of commercial location
- Kitchen with a center island, recessed lighting, light tile patterned floors, ornamental molding, and open floor plan
- Reception with crown molding and recessed lighting
- Office with carpet and a paneled ceiling
- Corridor with a decorative wall, a wainscoted wall, recessed lighting, light tile patterned floors, and crown molding
- Home office with light colored carpet and recessed lighting
- View of carpeted office space
- Office with carpet flooring and a towering ceiling
- Office area featuring carpet flooring, a paneled ceiling, and a towering ceiling
- Office with a paneled ceiling and carpet floors
- Office with carpet flooring, a high ceiling, and a drop ceiling
- Bathroom with tile patterned flooring, vanity, and tile walls
- Office area featuring a raised ceiling, ornamental molding, plenty of natural light, light tile patterned floors, and recessed lighting
- Tiled office space with ornamental molding and recessed lighting
- Office featuring ornamental molding, healthy amount of natural light, a raised ceiling, and tile patterned flooring
- Office space with recessed lighting, ornamental molding, and light tile patterned floors
- Office area featuring ornamental molding, recessed lighting, and a textured wall
- 24
- Bathroom featuring tile walls, elevator, tile patterned flooring, and a tile shower
- Corridor with crown molding, a decorative wall, wainscoting, recessed lighting, and light tile patterned floors
- Office area with crown molding, light tile patterned flooring, and recessed lighting
- Spare room with a decorative wall, crown molding, and light tile patterned floors
- 29
- Kitchen featuring light tile patterned floors and stainless steel counters
- Kitchen featuring tile patterned floors
- 32
- Miscellaneous room with tile patterned flooring and tankless water heater
- Kitchen featuring light tile patterned flooring, stainless steel microwave, a paneled ceiling, and light countertops
- Kitchen featuring appliances with stainless steel finishes, light tile patterned floors, recessed lighting, and dark countertops
- Dining space with recessed lighting, light tile patterned floors, and bar area
- Kitchen featuring tile patterned floors
- Office area with light colored carpet and a paneled ceiling
- Bathroom featuring tile walls, elevator, tile patterned flooring, and a tile shower
- Miscellaneous room featuring tile patterned floors and a sink
- View of building exterior
- View of property with uncovered parking
- Kitchen with ornamental molding, light tile patterned floors, a decorative wall, wainscoting, and a peninsula
- 44
- View of storage
- View of storage area
- Miscellaneous room with tile patterned flooring
- Stairway with tile patterned floors
- Office space featuring a raised ceiling, built in desk, ornamental molding, and recessed lighting
- Home office featuring a tray ceiling, built in study area, ornamental molding, and light tile patterned floors
DescriptionCalling All Investors, Developers & End-Users!!! 100% Occupied 30,700+ Sqft. Corner Building With Private Parking Lot On Prestigious Northern Blvd. For Sale!!! The Property Is Located In The Heart Of Bayside On Northern Blvd. 2 Blocks From Bell Blvd. & Only Minutes From The Bayside LIRR Station!!! The Property Is Situated Midway Between I-295 & The Cross Island Pkwy.!!! The Building Features Excellent Signage, Great Exposure, R6B/R4/C2-2 Zoning, High 17’ Ceilings, Private Parking Lot, 2 Elevators, Sprinklers, Strategically Placed Curb Cut, 3 Stories, 23 Parking Spaces, 3 Phase Power, All New LED Lighting, CAC, +++!!! Neighbors Include Starbucks, BMW, Jeep-Dodge-Ram, Nissan, USPS, UPS, Northwell Health, Chase Bank, Capital One, Citibank, TD Bank, Investor’s Bank, Verizon, AT&T, CubeSmart Self Storage, Staples, Dunkin’, 7-Eleven, Tropical Smoothie Cafe, Wendy’s, Orangetheory Fitness, Bareburger, CVS, +++!!! The Property Has 101’ Of Frontage On Northern Blvd. + 143’ Of Frontage On 215th St.!!! This Property Has A Daily Traffic Count Of 50,000+ Vehicles Per Day!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!
Income:
1st Floor:
Register Abstract Company (1,060 Sqft.): $98,808.12 Ann.; 3% Ann. Inc.; Lease Exp.: 1/31/30.
Lucia Pizza (1,200 Sqft.): $75,398.23 Ann.; 3% Ann. Inc.; Lease Exp.: 6/30/32.
Tiger Schulmann (3,500 Sqft.): $166,980 Ann.; 10% Inc. Every 5 Years; Lease Exp.: 9/30/29.
2nd Floor:
The Learning Experience (10,000 Sqft.): $484,660.08 Ann.; 10% Inc. Every 5 Years; Lease Exp.: 4/30/35.
3rd Floor:
Mark Khandhorov, Esq. (1,800 Sqft.): $60,000 Ann.; 3% Ann. Inc.; Lease Exp.: 1/31/28.
RJ Capital (2,000 Sqft.): $150,000 Ann.; 3% Ann. Inc.; Lease Exp.: 9/30/29.
Lend IQ (8,500 Sqft.): $150,000 Ann.; 3% Ann. Inc.; Lease Exp.: 10/31/34.
Ground Floor:
KOH Architecture (700 Sqft.): $30,000 Ann.; 10% Inc. Every 5 Years; Lease Exp.: 4/30/26.
Mava Law (600 Sqft.): $30,000 Ann.; 10% Inc. Every 5 Years; Lease Exp.: 10/31/29.
Tax Reimbursement: $96,185.04 Ann.
CAM Reimbursement: $23,155.20 Ann.
Expenses:
Gas: $0 Ann.
Electric: $15,000 Ann.
Water: $3,900 Ann.
Trash: $850 Ann.
Insurance: $27,960 Ann.
Maintenance & Repairs: $1,991.62 Ann.
Taxes: $109,906.16 Ann.
Gross Income: $1,365,186.67 Ann.
Total Expenses: $159,607.78 Ann.
Net Operating Income (NOI): $1,205,578.89 Ann. (7.93% Cap!!!)
Reply, Reply All or ForwardAmenities- Electricity Connected
- Sewer Connected
Calling All Investors, Developers & End-Users!!! 100% Occupied 30,700+ Sqft. Corner Building With Private Parking Lot On Prestigious Northern Blvd. For Sale!!! The Property Is Located In The Heart Of Bayside On Northern Blvd. 2 Blocks From Bell Blvd. & Only Minutes From The Bayside LIRR Station!!! The Property Is Situated Midway Between I-295 & The Cross Island Pkwy.!!! The Building Features Excellent Signage, Great Exposure, R6B/R4/C2-2 Zoning, High 17’ Ceilings, Private Parking Lot, 2 Elevators, Sprinklers, Strategically Placed Curb Cut, 3 Stories, 23 Parking Spaces, 3 Phase Power, All New LED Lighting, CAC, +++!!! Neighbors Include Starbucks, BMW, Jeep-Dodge-Ram, Nissan, USPS, UPS, Northwell Health, Chase Bank, Capital One, Citibank, TD Bank, Investor’s Bank, Verizon, AT&T, CubeSmart Self Storage, Staples, Dunkin’, 7-Eleven, Tropical Smoothie Cafe, Wendy’s, Orangetheory Fitness, Bareburger, CVS, +++!!! The Property Has 101’ Of Frontage On Northern Blvd. + 143’ Of Frontage On 215th St.!!! This Property Has A Daily Traffic Count Of 50,000+ Vehicles Per Day!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!
Income:
1st Floor:
Register Abstract Company (1,060 Sqft.): $98,808.12 Ann.; 3% Ann. Inc.; Lease Exp.: 1/31/30.
Lucia Pizza (1,200 Sqft.): $75,398.23 Ann.; 3% Ann. Inc.; Lease Exp.: 6/30/32.
Tiger Schulmann (3,500 Sqft.): $166,980 Ann.; 10% Inc. Every 5 Years; Lease Exp.: 9/30/29.
2nd Floor:
The Learning Experience (10,000 Sqft.): $484,660.08 Ann.; 10% Inc. Every 5 Years; Lease Exp.: 4/30/35.
3rd Floor:
Mark Khandhorov, Esq. (1,800 Sqft.): $60,000 Ann.; 3% Ann. Inc.; Lease Exp.: 1/31/28.
RJ Capital (2,000 Sqft.): $150,000 Ann.; 3% Ann. Inc.; Lease Exp.: 9/30/29.
Lend IQ (8,500 Sqft.): $150,000 Ann.; 3% Ann. Inc.; Lease Exp.: 10/31/34.
Ground Floor:
KOH Architecture (700 Sqft.): $30,000 Ann.; 10% Inc. Every 5 Years; Lease Exp.: 4/30/26.
Mava Law (600 Sqft.): $30,000 Ann.; 10% Inc. Every 5 Years; Lease Exp.: 10/31/29.
Tax Reimbursement: $96,185.04 Ann.
CAM Reimbursement: $23,155.20 Ann.
Expenses:
Gas: $0 Ann.
Electric: $15,000 Ann.
Water: $3,900 Ann.
Trash: $850 Ann.
Insurance: $27,960 Ann.
Maintenance & Repairs: $1,991.62 Ann.
Taxes: $109,906.16 Ann.
Gross Income: $1,365,186.67 Ann.
Total Expenses: $159,607.78 Ann.
Net Operating Income (NOI): $1,205,578.89 Ann. (7.93% Cap!!!)
Reply, Reply All or Forward
- Electricity Connected
- Sewer Connected
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
