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104-28 Jamaica Ave, Richmond Hill, NYC

HomeListingsRichmond Hill › 104-28 Jamaica Ave

$1,149,999
Active 1 days on market
MLS# 1051618

104-28 Jamaica Ave

📍 Richmond Hill, Richmond Hill, NY 11418

Studio
1,760
Sqft
$653
Per sqft
1920
Year built
Land
Type

About this property

Calling investors and end users!!! Steps away from the J/Z subway line in one of the queen’s busiest commercial corridors. Brick mixed-use building offering immediate income plus upside. ground-floor commerical storefront is vacant - Ideal for owner-user to launch a business or an investor to lease at market rent, on a high-traffic stretch of Jamaica Ave. The second floor unit was fully renovated in 2019 featuring 4 bedrooms and 2 bathrooms. Long term and stable tenants in placed with month-to-month lease. Gas and electric are separately metered and easy to managed. Operating expenses are extremly low where we can reach a projected cap rate at 6.3%.
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Amenities & features

MIXED-USE BUILDINGHIGH-TRAFFIC STRETCHFULLY RENOVATEDSTABLE TENANTSSEPARATELY METERED

Key facts

Fully renovated
Mixed-use building
Stable tenants

Property details

Property typeLand
Listing statusActive
Year built1920
Days on market1 days
MLS #1051618

Estimated monthly payment

Listing price$1,149,999
Down payment (20%)$230,000
Loan amount$919,999
Principal & interest (7%, 30yr)$6,120/mo
Property tax (est.)$1,118/mo
Home insurance (est.)$479/mo
Estimated total$7,717/mo

Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.

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