11213 Jamaica Ave - Multi-Family FOR SALE


Richmond Hill, NY 11418
$2,889,000 USD
516-721-2137
11213 Jamaica Ave, Richmond Hill, NY for Sale
$2,889,000 USD
Multi-Family - FOR SALE
1/15
null | Request Cap Rate

11213 Jamaica Ave
Richmond Hill, NY 11418


OVERVIEW

This offering presents a three-property portfolio suitable for investment or potential development. 112-13 Jamaica Avenue: Mixed-use building comprising one ground-floor retail unit and four one-bedroom residential apartments. 112-15 Jamaica Avenue: Mixed-use building comprising one ground-floor retail unit and two three-bedroom residential apartments. 86-29 112th Street: Vacant parcel currently utilized as a parking lot with capacity for approximately 20 vehicles. The portfolio includes a total of six residential units, consisting of four one-bedroom apartments and two three-bedroom apartments, for a combined total of ten bedrooms and six bathrooms. The ground-floor retail space is currently occupied by a hardware store. Please refer to the attached documentation for a detailed breakdown of rental income and operating expenses. An easement provides access from 112th Street to 86-29 112th Street.

FOR SALE DETAILS

PRICE

$2,889,000 USD

PRICE/SF

$845 USD /SF

# OF UNITS

7

PRICE/UNIT

$412,714

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

112-13 Jamaica Avenue Richmond Hill NY 11418

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1931

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

09226-0030

ASK ABOUT THIS PROPERTY

Pat GentileParkside Realty of QueensMore Info
516-721-2137

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Pat GentileParkside Realty of QueensMore Info
516-721-2137

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.