$975,000
$1,195,000
18.4%For more information regarding the value of a property, please contact us for a free consultation.
125-16 Jamaica AVE Richmond Hill, NY 11418
3,000 SqFt
Key Details
Sold Price $975,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $325
MLS Listing ID KEYL3456852
Sold Date 05/09/23
HOA Y/N No
Originating Board onekey2
Rental Info No
Annual Tax Amount $7,089
Property Description
Perfect investment opportunity at an approximate 6.5% cap rate Great retail block right on Jamaica Avenue in the heart of charming Richmond Hill Brick facade 3 stories with 1st Floor Commercial + 2 stories of Residential on top (1,000 sf per floor) plus 1,000 sf full basement Residential Units have 3 bed/1 bath each with kitchen, dining, living areas Ground Level commercial with 4 separate rooms including laundry area & 1 bath & private backyard All 3 units separately metered for gas & electric Being sold as is but has major potential renovation value
Location
State NY
County Queens
Interior
Heating Baseboard, Hot Water, Natural Gas
Fireplace No
Exterior
Private Pool No
Building
Story 3
Others
Special Listing Condition None
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Bought with Compass