Welcome to this Investment opportunity, a one of a kind 4-unit commercial gem . All units fully renovated with a 2nd story residential unit. Located in the heart of Jamaica, Queens on a spacious 5,008 sq ft, corner lot, just minutes from JFK airport, major highways and surrounded by a mix of residential and commercial developments. Property features a cap rate of 7+% with 4 solid tenants, a combined annual rental income of $243,430 with projected growth of $251,406. Current NOI $200,430. Don’t miss this opportunity to secure a cash- flow investment in one of Queens most in-demand neighborhoods. Call for rent roll/setup sheet. See details attached.
4,620 Sq Ft
4,675 Sq Ft Exterior Space
Commercial
$31,130 Annual Tax
Built in 1950
MLS/Listing ID 869249
2 Stories
4 Units
Cooling - Multi-split AC
Construction - Brick
Heating - Natural Gas
Brick Mortar
Listing Courtesy of CENTURY 21 MILESTONE TEAM RLTY, SONIA P. THOMPSON CBR SFR GRI SRES - 917-453-5485
Source of Data: ONEKEY MLS
TOTAL MONTHLY COST
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