Jamaica Studio Commercial Kew Gardens LIC / Queens

47-44 Vernon Blvd, Long Island City, NY 11101
Phone: 718-707-0200
Fax: 718-707-0233
Courtesy of Metro Net Realty LLC
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Location

115-23 Jamaica Ave
Richmond Hill NY 11418

Property

Ownership: Commercial
Type: Commercial
Bedrooms: Studio
Lot Size: 2583 sq ft

Financials

Price: $1,899,000
Annual Taxes: $15,000

Description

The Subject Property Is A 3 Story Brick Building With 4 Two Bedroom Apartments And A Massive 2500 Sqft Retail Space With Exposed Brick And High Ceilings. The Building Will Be Delivered Vacant And Needs Approx $250,000 In Reno. Once Complete, You Will Have A 6.5% Cap. Projected Rents Are $8000/Month For The Residential And $7000 For The Retail (The Retail Is 2500 Sqft Plus Usable Basement) The Are Also Air Rights Remaining. Total Expenses Project At $35,000. National Tenants On Block

Amenities

  • Dishwasher
  • Dryer
  • Fireplace
  • refrigerator
  • stove
  • Washer

Neighborhood

More listings: Kew Gardens

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