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Commercial > Mixed Use
Active
06/04/2024
List Price
$1,588,000

11125 Jamaica Ave
Jamaica, NY 11418

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  • 11125 Jamaica Ave, Jamaica, NY 11418 is a 3,283 ft² commercial mixed use property property built in 1931 on a 0.044 acre lot with 56 construction permits. This commercial mixed use property is currently listed for $1,588,000, and it was last sold in 2018 for $999,260.

    MLS Description

    The listing agent's description. Original Listing

    This is a mixed use property with 2 retail stores and 2 residential units. All open market. Deli pays $3100 (Have 3 years left) 3% Escalation per year Plus increase of real estate tax Restaurant pays $4800 (Have 7 years left) 3% Escalation per year Plus increase of real estate tax 1 Bedroom pays $1700 have 10 months left 2 Bedroom pays $2550 have 11 months left Taxes around $18,000 Insurance around $4000 Water & Sewer around $4000 Repairs $2000 All tenants have direct meter and pay for their electricity and gas/heat. Gross Income is $145,800 Expenses are $28000. Net income is around $117,800 7.3% cap at the asking price Have additional air rights

    Listing Agents

    The listing agent for 11125 Jamaica Ave is Jonathan Minerick.

    Permits

    11125 Jamaica Ave has 56 permit records.

    Permit History
    56
    Permits

    Current Ownership

    Information about the current owner(s).

    Property History

    11125 Jamaica Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 11125 Jamaica Ave

    School Information

    Public/private schools serving 11125 Jamaica Ave

    Neighborhood

    This property is located in Richmond Hill, Jamaica, NY 11418.

    Market Trends

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    Copyright © 2024 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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