214-55 Jamaica Avenue, Queens Village, NY 11428

$1,425,000
Active for Sale
 
Listing ID 11184967
Property Type Commercial Building
County Queens
Township Queens
Neighborhood Jamaica
School NEW YORK CITY GEOGRAPHIC DISTRICT #29
Tax ID 10605-0017
FEMA Flood Map fema.gov/portal
Year Built 1931
   
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SP Capital is proud to exclusively offer this 2-story walkup Building Located in the Queens Village neighborhood of Queens. This Investment Building Is Located on Jamaica Avenue with An L Shaped Property Onto Vanderveer Street, Providing 2 Separate Entrances . The Building Offers A Store on Jamaica Avenue, Duplex Offices With Additional Entry From Vanderveer Street, And Two Residential units On The Second Floor Producing High Net Income. Residential Units Are A Three-Bedroom And A Two-Bedroom Apartments. Mint Condition With New Roof, New Hot Water Tank and 4 Electric Meters. An Excellent And Unique Opportunity For Owner/User And Or Investors.
Property Details
  • 4 Full Baths
  • 1 Half Bath
  • 3400 SF (AG)
  • 2332 SF Lot
  • Built in 1931
  • Renovated 2019
  • 2 Stories
  • Available 6/21/2023
  • Full Basement
  • 1500 Lower Level SF
  • Lower Level: Finished
  • Renovation: Totally renovated, New Roof, New Hot Water Tank, 4 Electric Meters. Excellent condition
Unit Information
Unit #1 – Gross Area: 900, Rent Price: 3600, Full Baths: 1, Occupied, Unit Count: 1
Unit #2 – Gross Area: 2200, Rent Price: 3200, Full Baths: 1, Half Baths: 1, Unit Count: 2
Unit #3 – Gross Area: 800, Rent Price: 3100, Bedrooms: 3, Full Baths: 1, Occupied, Unit Count: 2
Unit #4 – Gross Area: 700, Rent Price: 2100, Bedrooms: 2, Full Baths: 1, Occupied, Unit Count: 2
Interior Features
  • Hardwood Flooring
  • Vinyl Flooring
  • Hot Water
  • Oil Fuel
Exterior Features
  • Masonry - Stucco Construction
  • Brick Siding
  • Stucco Siding
  • Tar Roof
  • Municipal Water
  • Municipal Sewer
  • Street View
Community Details
  • Walk-up (Bldg. Style)
Income/Expenses
  • Gross Income $144,600
  • Net Income $110,370
  • Management Exp $1,200
  • Maintainence Exp $1,200
  • Insurance Exp $2,900
  • Heat Exp $4,200
  • Electric Exp $1,200
  • Water Exp $2,850
  • Misc Exp $1,000
  • Total Exp $34,230
  • Paid by Landlord: Heat, Water
Listed By
SP CAPITAL GROUP LLC
Office: 516-641-2872
Mobile: 516-641-2872
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