19740 Jamaica Ave - Specialty FOR SALE


Hollis, NY 11423
$2,424,980 USD
332-345-4220
19740 Jamaica Ave, Hollis, NY for Sale
$2,424,980 USD
Specialty - FOR SALE
1/2
null | 5% Cap Rate

19740 Jamaica Ave
Hollis, NY 11423


HIGHLIGHTS

  • NY Metro Location - 20 minutes from Manhattan
  • The Subject Property is situated in the heart of Queens, strategically located within a 20 minute drive from Manhattan.
  • High Performing Post Office Location - 94% Placer.AI Ranking
  • 15 Year Occupancy History with Multiple Lease Extensions | The tenant has successfully operated at the property for 15 years

OVERVIEW

Surmount is pleased to present the exclusive listing for an USPS located at 197-40 Jamaica Ave, Jamaica, NY 11423. The site consists of roughly 3,691 rentable square feet of building space onan estimated 0.24-acre parcel of land. This USPS is subject to a 5-year Double Net (NN) lease, which commenced 2/1/2011. The current annual rent is $121,249

FOR SALE DETAILS

PRICE

$2,424,980 USD

PRICE/SF

$657 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

United States Postal Service

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

R5

APN/PARCEL ID

10828-0028

ASK ABOUT THIS PROPERTY

Richard NardiSurmountMore Info
332-345-4220

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

Richard NardiSurmountMore Info
332-345-4220

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