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114-02 Jamaica Ave
Jamaica, NY 11418
 Multifamily Property For Sale · 2 Units

Apartment Buildings New York 114-02 Jamaica Ave, Jamaica, NY 11418

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INVESTMENT HIGHLIGHTS

  • Exposed brick walls.
  • Busy location.
  • Good investment opportunity.

EXECUTIVE SUMMARY

This mixed-use 4 units property on Jamaica Ave seamlessly blends commerce with comfort. Located on Richmond Hill neighborhood. This property features 2 residential units, and 2 commercial unit. This is a rare find, exquisitely designed to maximize both your personal and professional aspirations. Dive into the dynamic synergy of city living! Don't miss this unique investment opportunity. Current cap rate is 5.84% and Pro Forma cap rate is 7.39%. Schedule your viewing today.

PROPERTY FACTS

Price Per Unit $1,446,176 CAD Building Class B
Sale Type Investment Lot Size 0.05 AC
Cap Rate 5.84% Building Size 4,458 SF
No. Units 2 No. Stories 3
Property Type Multifamily Year Built 1920
Property Subtype
Apartment
  • General Retail Drugstore
  • General Retail Restaurant
  • General Retail Storefront
Zoning R6A - A contextual district where the Quality Housing bulk regulations are mandatory.
Price Per Unit $1,446,176 CAD
Sale Type Investment
Cap Rate 5.84%
No. Units 2
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Drugstore
  • General Retail Restaurant
  • General Retail Storefront
Building Class B
Lot Size 0.05 AC
Building Size 4,458 SF
No. Stories 3
Year Built 1920
Zoning R6A - A contextual district where the Quality Housing bulk regulations are mandatory.

PROPERTY TAXES

Parcel Number 09304-0001 Improvements Assessment $53,559 CAD
Land Assessment $25,788 CAD Total Assessment $79,347 CAD

PROPERTY TAXES

Parcel Number
09304-0001
Land Assessment
$25,788 CAD
Improvements Assessment
$53,559 CAD
Total Assessment
$79,347 CAD
 

  • Listing ID: 32570855

  • Date on Market: 2024-07-24

  • Last Updated:

  • Address: 114-02 Jamaica Ave, Jamaica, NY 11418

The Multifamily Property at 114-02 Jamaica Ave, Jamaica, NY 11418 is currently available for Sale. Contact eXp Commercial for more information.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

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