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99-02 212th St
Jamaica, NY 11429
Retail Property For Sale

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Investment Highlights

  • Great Access from Hempstead and Jamaica

Executive Summary

Queens Village MINT Corner Legal 4 Family semi attached House Fully Rented with great Paying Tenants. Renovated Within the Last 5 Years from Top to Bottom. - One 3 Bedroom Apt, Two - 2 Bedroom Apts, and one - 1 Bedroom Apts. Lot size 20.17 ft x 106 ft Building size 20 ft x 72 ft R3-2 zone Great Income Opportunity Yearly Rent Roll $ 141,540.00 Expenses only $ 26,485 yr NOI $ 115,055.00 yr with upside & add on value - 7.67% Cap rate! Gas boiler gas hot water heater, sidewalk, sewer line, roof, 3 new hot water heaters All of the apartments have been updated roof have been updated last year all brand-new windows throughout the building stucco was done on the side of the building two years ago Selling Occupied with Paying Tenants. As Is. Clean! Parking in back and full basement! Near Jamaica Ave, all store & shopping plus transportation! Call 7182889601
Monthly income: $11,795- Annual $141,540 Expenses Total: $26,485 Year= Selling @ $1.5 M Cap rate 7.67%
9902 212 street income & expenses
Income
Apt #1F---- $1,737 1 Bd
Apt #1c-----$2,350 1Bd
Apt#1r------$2,584 2Bd
Apt#2f------$2,624 2Bd
Apt#2x------$2,500 3Bd
Monthly $11,795 Annual $141,540
Expenses
Tax___________$ 15,360
Water_________$ 3,255
Gas___________$ 5,932
Electric________$ 738
Maintenance______$ 1,200
Total: $26,485
asking price $1.5M Cap rate 7.67%

Property Facts

Sale Type
Investment
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,534 SF
Building Class
C
Year Built
1931
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.88
Lot Size
0.07 AC
Zoning
R3-2 - R3-2
Frontage
20’ on 212th Street

Property Taxes

Property Taxes

Parcel Number
10880-0045
Land Assessment
$47,073 CAD
Improvements Assessment
$127,489 CAD
Total Assessment
$174,562 CAD
  • Listing ID: 39419017

  • Date on Market: 2026-02-12

  • Last Updated:

  • Address: 99-02 212th St, Jamaica, NY 11429

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