117-10 Hillside Avenue
Jamaica, NY, 11418 $ 2,800,000
Baths0.0 Sq 6,077 Monthly Estimate*
$ 18,610
Studio
for $2,800,000. This 6,077 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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FeaturesGeneralNumberOfUnitsTotal 2
Lot Size Units Acres
Building Area Units Square Feet
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* Excluded FeaturesList ByRichard Matt ShaneListing Agent
All Island Estates Realty CorpBroker
matthewshane8828@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $18,610
- Monthly Property Taxes
- $3,132
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% 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.
Learn more about how to save NearbyCommerical listings in Jamaica, NY
Average List Price $1,632,232
Percent of Sale Price 42%
About Jamaica, NY 231,051 Population
0% Since 2002
$ 0 Median Income
0 Median Age
38% Households with Children
Trends Information provided by ATTOM Data Solutions.
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
10/26/2023 | $2,800,000 | -6.29% | Price Down |
9/8/2023 | $2,988,000 | | Listed Price |