Price Reduced 6.29%
Price History
$2,988,000
9/7/2023
$2,800,000
10/26/2023
117-10 Hillside Avenue, Jamaica, NY, 11418
1931
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!!!)
Status:
Active
Type:
Commercial
Units:
2
Zoning:
Office Bld
Levels:
2
Acreage:
0.09
Est. Taxes:
$37,588
MLS #:
3502940
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School Info
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Listing courtesy of All Island Estates Realty Corp 516-783-5600