What Can $1M Get You In NYC?
Find Out Now
MLS® ID: CORC-5885818

116 21 23 Jamaica Avenue

Queens, New York, 11418

Active
  • - SQFT
We are pleased to offer a combined sale of two adjacent mixed-use properties in the prime Richmond Hill area of Queens: 116-21 and 116-23 Jamaica Ave- nue.This income-producing corner property offers a total of 3 retail stores and 8 residential units. The current owner has completed an extensive renovation to both buildings.The property is conveniently located at the bustlingintersecton of Jamaica Avenue and 117th Street, with close proximity to both the J train at 111th Street and the J and Z trains at 121st Street, in addition to various bus lines.Richmond Hill is surrounded by Kew Gardens, Woodhaven, and Jamaica. The Van Wyck Expressway and Jackie Robinson Parkway are easily accessibleNOI $234,000 Price upon requestAddress: 116-21 Jamaica AveProperty Type 3-Story Mixed-Use BuildingBlock/ Lot 09254-0016Building Class Primarily Four Family with One Store or Office (S4) Tax Class 2A Lot Dimensions / sq ft 20ftx76.33ft/1,527Building Dimensions / sq ft 20ftx54ft /3,240Usable area as built 3,237 FAR (built/ allowed) 2.12 / 3 Retail Units / Annual Rent 1 / $36,600Residential Units / Annual Rent 4 (2 studios, 2 one bedrooms) / $74,880116-23 Jamaica AveProperty Type 3-Story Mixed-Use BuildingBlock/ Lot 09254-0015Building Class Miscellaneous Store Building (K9)Tax Class 4Lot Dimensions / sq ft 30 ft x 72.42 ft /Building Dimensions / sq ft 30 ft x 66 ft / Usable area as built 5,932FAR (built/ allowed) 2.73/3Retail Units / Annual Rent 2 / $63,600Residential Units / Annual Rent 4 (2 x two bedrooms, 2 x three bedrooms) / $94,800R.E. Taxes $ 34,742 (both buildings)
Read More

Listing courtesy of The Corcoran Group

Amenities

  • Zip
    11418
  • Office name
    The Corcoran Group
  • Bedrooms
    0
  • Property type
    Commercial and Residential
  • Year built
    1931
  • Agent name
    Aleksey Gavrilov
  • Tax amount
    $ 498.58
  • Purchase Type
    Active
  • HOA fees
    $ 498.58
  • Full baths
    0
  • Rent
    No
  • Furnished
    Unfurnished

Location

Have questions?

We can help.

Let's chat!

First Name
Last Name
Email
Phone
Best time to call

Success!

We'll get in touch with you soon.

We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info