175-25 139th Rd - Retail FOR SALE


Jamaica, NY 11434- Rochdale
$1,650,000 USD
212-544-9500
175-25 139th Rd, Jamaica, NY for Sale
$1,650,000 USD
Retail - FOR SALE
1/1
null | 6.47% Cap Rate

175-25 139th Rd
Jamaica, NY 11434
Rochdale


HIGHLIGHTS

  • Surrounded by a dense residential neighborhood.
  • Easy access to the Belt Parkway with on-ramps headed East and West a short distance away.
  • Perfect for an Owner-User due to in place lease flexibility.

OVERVIEW

4 commercial units fully occupied Minimal landlord responsibilities - New Roof installed in Q3 2024 Immediate upside through rent increases and lease negotiations Additional income from wall mounted billboard with potential to increase rents Located on Farmers Blvd only a few blocks from the LIRR Locust Manor Train Station

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$259 USD /SF

CAP RATE

6.47%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,313 SF

ZONING

R3-2

APN/PARCEL ID

12582-0001

ASK ABOUT THIS PROPERTY

Alexander TaicAriel Property AdvisorsMore Info
212-544-9500

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Alexander TaicAriel Property AdvisorsMore Info
212-544-9500

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