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117-10 Hillside Avenue Jamaica, NY 11418
$2,800,000
  • Commercial
  • Year Built 1931
  • Mixed Use
  • ML# 3502940

Property Details

Overview

Calling All Investors, Developers & End-Users!!! 2 Unit 6, 000+ Sqft Medical Office Building With Private Gated Parking Lot For Sale!!! The Building Features Great Exposure, Excellent Signage, 18 Parking Spaces, Strong R6A/C2-2 Zoning, High 15’ Ceilings, Private Gated Parking Lot, Finished Basement, Strategically Placed Curb Cut, All New LED Lighting, 3 Phase Power, CAC, +++!!! The Property Is Located In The Heart Of Richmond Hill Less Than 10 Minutes From The Jamaica LIRR Station!!! Neighbors Include Toyota, UPS, Verizon, The Home Depot, 7-Eleven, Stop & Shop, M&D Bank, T-Mobile, Dunkin’, CVS, CubeSmart Self Storage, SafeGuard Self Storage, AutoZone, BP Gas, Amoco, Dollar Tree, Rite Aid, Planet Fitness, Crunch Fitness, McDonald’s, Key Food, Domino’s, IHOP, +++!!! This Property Has HUGE Upside Potential!!! This Could Be Your Next Development Site / The Next Home For Your Business!!! Income: 6, 077 Sqft. Office Building: $303, 850 Ann. (Available) Pro Forma Gross Income: $303, 850 Ann. Expenses: Gas: $0 Electric: $0 Water: $1, 407 Ann. Insurance: $1, 358 Ann. Taxes: $37, 587.84 Ann. Total Expenses: $40, 352.84 Ann. Pro Forma Net Operating Income (NOI): $263, 497.16 Ann. (9.41 Cap!!!)

Key Facts

  • Lot Size: 0.09
  • Lot Sq Ft: 3935
  • Taxes: $37,588
  • Sale or Rent: Sale
  • Zoning: Office Bld
  • Block: 9262
  • Lot: 89

Additional Features

  • Building Size: 6000 sf
  • Stories: 2

Financial

  • Taxes: $37,588
Listing Information provided courtesy of All Island Estates Realty Corp  516-783-5600
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