21480 - 215-02 Jamaica Avenue, Queens Village, NY 11428

$3,800,000

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List Price
$3,800,000
Price Change
▼ $1,050,000 1776304647
MLS#
963756
Status
ACTIVE
Lot Size
11070

Property Description

Calling All Investors, Developers & End-Users!!! 29,900+ Sqft. Free Standing Building With Private Gated Parking Lot On Jamaica Avenue For Sale!!! The Property Features Excellent Signage, Great Exposure, C8-1 Zoning, 46 Parking Spaces In A Private Lot, High 18’ Ceilings, Full Basement, 2 Lots, Multiple Roll-Up Doors, Elevator Bay, 3 Phase Power, Strategically Placed Curb Cuts, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Queens Village Minutes From The Cross Island Pkwy., Belmont Racetrack & UBS Arena!!! The Property Has 165’ Of Frontage On Busy Jamaica Avenue!!! This Building Is Situated On A Huge 20,900+ Sqft. Lot & Was Built In 2021!!! Neighbors Include Capital One Bank, TD Bank, Jeep-Dodge-Ram, T-Mobile, Walmart, The Home Depot, Stop & Shop, Walgreens, Retro Fitness, Popeye’s Louisiana Kitchen, King Umberto’s, Wingstop, Wendy’s, +++!!! This Property Has A Daily Traffic Count Of 23,800+ Vehicles Per Day!!! The Entire Property Can Be Delivered Vacant If Need Be. This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 19,000+ Sqft. Building + Full LL & Parking Lot: $779,064 Ann. NNN. (Available) Pro Forma Gross Income: $779,064 Ann. Taxes: $77,723.68 Ann. Total Expenses: $0 Ann. Net Operating Income: $779,064 Ann. (Pro Forma 20.5% Cap!!!)

Additional Information

Year Built
1924
Stories
2
Total Taxes
77723
Heating
Other
Parking Spaces
26
Basement
Full
Water
Public
Sewer
Public Sewer
Taxes
$77,723

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Listing courtesy of Listing Agent: Richard Matt Shane (matthewshane8828@gmail.com) from Listing Office: All Island Estates Realty Corp.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.