$1,587,000

11125 Jamaica Avenue , Richmond Hill, NY 11418

 
Bedrooms:0 beds
Bathrooms:0 baths
Commercial Sale:3,283 sqft
Lot:0.04
Year Built:1931
Listing Status:Active

Listing Agent

Jonathan Minerick
https://homecoin.com
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

This is a mixed use property with 2 retail stores and 2 residential units. All open market. Deli pays $3100 (Have 3 years left) 3% Escalation per year Plus increase of real estate tax Restaurant pays $4800 (Have 7 years left) 3% Escalation per year Plus increase of real estate tax 1 Bedroom pays $1700 have 10 months left 2 Bedroom pays $2550 have 11 months left Taxes around $18,000 Insurance around $4000 Water & Sewer around $4000 Repairs $2000 All tenants have direct meter and pay for their electricity and gas/heat. Gross Income is $145,800 Expenses are $28000. Net income is around $117,800 7.3% cap at the asking price Have additional air rights

Detailed Items

Other Information

11125 Jamaica Avenue, Richmond Hill, NY, 11418 is a commercial sale listing of 3,283 sqft on a lot of 0.04. This commercial sale listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property11125 Jamaica Avenue, Richmond Hill, NY
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