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Mixed Use & Lot For Sale 94-12 Jamaica Ave 4,457 SF 100% Leased Retail Building Woodhaven, NY 11421 $2,730,942 CAD ($612.73 CAD/SF)
Investment Highlights
- STORE IS AN 8 YEAR LEASE TILL 2032
- WATER BILL IS APPROXIMATELY $850.00 PER MONTH OF WHICH THE RETAIL TENANT PAYS 60%
- TAXES: $11,492.80
- APARTMENTS ARE MONTH TO MONTH
- INSURANCE: $7,210.00 PER ANNUM
- RENTAL INCOME APT 1: $1,740 | RENTAL INCOME APT 2: $1,940 | RENTAL INCOME STORE: $4,995.50
Executive Summary
PRIME MIXED-USE INVESTMENT OPPORTUNITY IN THE HEART OF JAMAICA AVENUE! THIS VERSATILE PROPERTY FEATURES TWO SPACIOUS THREE-BEDROOM APARTMENTS, ONE OF WHICH IS RENOVATED, AND A LONGSTANDING RETAIL DELICATESSEN THAT HAS BEEN A NEIGHBORHOOD STAPLE FOR YEARS. THE RETAIL SPACE SPANS 1,300 SQFT AND INCLUDES A FULL BASEMENT, OFFERING AMPLE STORAGE OR EXPANSION POTENTIAL.
INCLUDED IN THE SALE IS A 25X100 LOT CURRENTLY UTILIZED AS A THREE-CAR PARKING GARAGE, SEAMLESSLY CONNECTED TO THE RETAIL SPACE. IDEAL FOR INVESTORS OR OWNER-OCCUPIERS, THE RETAIL SPACE CAN ALSO BE DELIVERED VACANT, ALLOWING FOR IMMEDIATE OCCUPANCY OR REPOSITIONING.
INCLUDED IN THE SALE IS A 25X100 LOT CURRENTLY UTILIZED AS A THREE-CAR PARKING GARAGE, SEAMLESSLY CONNECTED TO THE RETAIL SPACE. IDEAL FOR INVESTORS OR OWNER-OCCUPIERS, THE RETAIL SPACE CAN ALSO BE DELIVERED VACANT, ALLOWING FOR IMMEDIATE OCCUPANCY OR REPOSITIONING.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,457 SF
Building Class
C
Year Built
1930
Price
$2,730,942 CAD
Price Per SF
$612.73 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.05
Lot Size
0.05 AC
Zoning
R6A - Medium density residential district
Frontage
20’ on Jamaica Ave
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 08935-0006 | Improvements Assessment | $44,282 CAD |
| Land Assessment | $11,634 CAD | Total Assessment | $55,916 CAD |
Property Taxes
Parcel Number
08935-0006
Land Assessment
$11,634 CAD
Improvements Assessment
$44,282 CAD
Total Assessment
$55,916 CAD
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Mixed Use & Lot For Sale | 94-12 Jamaica Ave
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