New York, NY 11419

Property

Ownership: For Sale
Type: mixed-use
Bedrooms: Studio

Financials

Price:$2,980,000
Annual Taxes:$41,562
24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of Century 21 Milestone Team Rlty

Positive cash flow property, Corner property, walk to subway, near all major franchise, McDonalds, Checkers, Burger King, TD Bank, Citi Bank, Dunkin Donuts.

Description

Positive cash flow property, Corner property, walk to subway, near all major franchise, McDonalds, Checkers, Burger King, TD Bank, Citi Bank, Dunkin Donuts. Three Commercial and Three Residential Tenants. Total 6 units fully occupied. Separate meters. Zoning R6A, C2-3/FAR: 3 Facility/3 Residential. Gross rent: $229,320.00 ($19,110.00 per month) Total expenses: $54,000.00 NOI: $175,320.00 Taxes: $41,560.00 Insurance: $5,000.00 MISC: $4,000.00 Rent goes up 3 percent for two of the commercial tenant in January;

Amenities

  • Bathrooms
  • Cable - Available
  • Electricity Available
  • Natural Gas Available
  • Other
  • Walk Up

Long Island MLS

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.