Prime Jackson Heights 2 story 2, 818 Sq.


Property

Website: https://www.nestseekers.com/5433115
Address:
New York, NY 11372
Ownership: For Sale
Type: Retail
Bedrooms: Studio
Lot Size: 0.0 Acres

Financials

Price:$1,850,000
Annual Taxes:$25,406

Description

Prime Jackson Heights 2 story 2,818 Sq.Ft commercial building plus a legal retail basement. Rare Vacancies in area. Heavy pedestrian and vehicle traffic. Only 1 block to the ultra busy 90th Street #7 subway platform. (5 million annual passengers) Layout of the building is as follows: First floor 975+-Sq.Ft. Beauty Salon ($5,000 per Month. No Lease). 2nd Floor 943+-Sq.Ft office: (Vacant. Market $3,250 per Month). Lower Level/Basement: 900+- Sq.Ft retail/office: (Vacant. Market $3,250 per Month). Projected rents when fully rented at market value is $144,000 per year. Expenses are $36,109. Net Income: $101,891 (5.91 Cap)

Amenities

  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected

Contact

47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of RE/MAX Team