Address
117-10 Hillside Avenue, Jamaica, NY
Price
$ 2,800,000
Property Attributes
  • MLS#3502940
  • TypeCommercial
  • CountyQUEENS
  • CityJamaica
  • Zip11418
  • Style
  • Year Built1931
  • Taxes$ 37588
  • Price$ 2,800,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3935
  • Lot Size3,920 SqFt
Data Source:
OneKey® MLS
Property Description

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!!!)

Price History
9/8/2023 Listed $2,988,000
10/26/2023 7% - $2,800,000

General Features

Standard Status Active

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 11418

Price
AVG $2.16M
$2.8M
Taxes
AVG $21,346
$37,588
Visits
AVG 96
166
Data Provided by Inside Real Estate®
Year Built
AVG 1938
1931
Walkscore
AVG 90
94
Data Provided by Walkscore® not using MLS data

Your Agent

Listed By
Richard Matt Shane with All Island Estates Realty Corp - 516-783-5600

Areas We Cover

Fair Housing Icon NY Fair Housing Notice