117-10 Hillside Avenue Jamaica, NY $ 2,800,000
117-10 Hillside Avenue
$ 2,800,000
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117-10 Hillside Avenue

Jamaica, NY, 11418
$ 2,800,000
Baths0.0 Sq 3,935

Monthly Estimate*

$ 19,559

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Studio

Commercial Property for sale in Jamaica, NY

for $2,800,000. This 3,935 square foot building was built in 1931 on a lot size of 0.09.

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!!!)

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Commercial Active

Price

$ 2,800,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 37,588

Style

Lot Size

0.09

Year Built

1931

Town/City

Jamaica

County/Region

Queens

MLS | Web ID

3502940

Features
General
Standard Status Active
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* Excluded Features
List By
Richard Matt Shane

Listing Agent

All Island Estates Realty Corp

Broker

matthewshane8828@gmail.com

Email

Affordability Calculator

$22,691
Per Month
86%
14%
0%
Monthly Principal & Interest
$19,559
Monthly Property Taxes
$3,132
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/26/2023$2,800,000 -6.29% Price Down
9/8/2023$2,988,000 Listed Price

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117-10 Hillside Avenue, Jamaica, NY, 11418 is a Commercial Property for sale at $2,800,000 with 3,935 sqft and a lot size of 0.09. 117-10 Hillside Avenue is a studio with 0.0 baths and was built in 1931. The property's zip code is 11418 which is in Jamaica, NY