21480 Jamaica Ave - Auto Repair FOR SALE


Jamaica, NY 11428
$4,850,000 USD
516-279-8828
21480 Jamaica Ave, Jamaica, NY for Sale
$4,850,000 USD
Auto Repair - FOR SALE
1/29
null | 16.06% Cap Rate

21480 Jamaica Ave
Jamaica, NY 11428


HIGHLIGHTS

  • Calling All Investors, Developers & End-Users!!! 29,000+ Sqft. Free Standing Building With Private Gated Parking Lot On Jamaica Avenue For Sale!!!
  • The Property Features Excellent Signage, Great Exposure, C8-1 Zoning, 46 Parking Spaces In A Private Lot, High 18’ Ceilings, Full Basement, 2 Lots,++!
  • The Property Is Located In The Heart Of Queens Village Minutes From The Cross Island Pkwy., Belmont Racetrack & UBS Arena!!!
  • This Building Is Situated On A Huge 20,900+ Sqft. Lot, Was Built In 2021 & Has 105' Of Frontage On Jamaica Avenue!!!
  • Neighbors Include Capital One Bank, TD Bank, Jeep-Dodge-Ram, T-Mobile, Walmart, The Home Depot, Stop & Shop, Walgreens, Retro Fitness, +++!!!
  • This Property Offers HUGE Upside Potential!!!

OVERVIEW

Calling All Investors, Developers & End-Users!!! 29,900+ Sqft. Free Standing Building With Private Gated Parking Lot On Jamaica Avenue For Sale!!! The Property Features Excellent Signage, Great Exposure, C8-1 Zoning, 46 Parking Spaces In A Private Lot, High 18’ Ceilings, Full Basement, 2 Lots, Multiple Roll-Up Doors, Elevator Bay, 3 Phase Power, Strategically Placed Curb Cuts, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Queens Village Minutes From The Cross Island Pkwy., Belmont Racetrack & UBS Arena!!! The Property Has 165’ Of Frontage On Busy Jamaica Avenue!!! This Building Is Situated On A Huge 20,900+ Sqft. Lot & Was Built In 2021!!! Neighbors Include Capital One Bank, TD Bank, Jeep-Dodge-Ram, T-Mobile, Walmart, The Home Depot, Stop & Shop, Walgreens, Retro Fitness, Popeye’s Louisiana Kitchen, King Umberto’s, Wingstop, Wendy’s, +++!!! This Property Has A Daily Traffic Count Of 23,800+ Vehicles Per Day!!! The Entire Property Can Be Delivered Vacant If Need Be. This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 19,000+ Sqft. Building + Full LL & Parking Lot: $779,064 Ann. NNN. (Available) Pro Forma Gross Income: $779,064 Ann. Taxes: $77,723.68 Ann. Total Expenses: $0 Ann. Net Operating Income: $779,064 Ann. (Pro Forma 16.06% Cap!!!)

FOR SALE DETAILS

PRICE

$4,850,000 USD

PRICE/SF

$162 USD /SF

CAP RATE

16.06%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

21480-21502 Jamaica Ave., Queens Village

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding, Medical, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

C8-1

APN/PARCEL ID

10759-0097,10759-0102

ASK ABOUT THIS PROPERTY

Matthew ShaneAll Island CommercialMore Info
516-279-8828

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Matthew ShaneAll Island CommercialMore Info
516-279-8828

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