Richmond Hill, NY 11418
$1,149,999
Calling investors and end users!!! Steps away from the J/Z subway line in one of the queen’s busiest commercial corridors. Brick mixed-use building offering immediate income plus upside. ground-floor commerical storefront is vacant - Ideal for owner-user to launch a business or an investor to lease at market rent, on a high-traffic stretch of Jamaica Ave. The second floor unit was fully renovated in 2019 featuring 4 bedrooms and 2 bathrooms. Long term and stable tenants in placed with month-to-month lease. Gas and electric are separately metered and easy to managed. Operating expenses are extremly low where we can reach a projected cap rate at 6.3%.
Questions on 104-28 Jamaica Avenue, Richmond Hill, NY 11418, or want to see it in person?
Listed by Homix Realty Inc