Property Back to Results Property

121-15 Jamaica Ave Avenue, Jamaica, NY 11418

$975,000
2,080
SqFt
Property Back to Results Property
Add to Favorites Request Information New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

View on Map Request Info Add to Favorites
Sold Price
$975,000
Closing Date
Dec 01, 2023
MLS#
L3485502
Status
CLOSED
Living Area
2,080
Lot Size
1229
Contact Us Call Us View on Map Refine Search

(718) 736-3621

Property Description

Welcome to 121-15 Jamaica Ave. This mixed use property offers a promising investment opportunity. The first floor serves as a medical office, making it ideal for healthcare professionals seeking a conveniently located space. With the current market rent, the potential for leasing it to another medical practice or converting it for other commercial uses adds versatility. The second floor features a spacious three bedroom apartment, providing a comfortable living space. This apartment provides presents a steady income stream. The layout and design offer residents a cozy and functional environment, making it appealing to potential tenants. Located right on Jamaica Ave, the property benefits from excellent visibility and accessibility. The vibrant neighborhood provides access to various amenities, including shops, restaurants, and transportation options, enhancing the property's appeal. RENTAL INCOME 1st Floor Apartment (3bedrooms/1bath): $3500 market rent (VACANT) Ground doctor's office: $5500 EXPENSES Taxes: ~$16000 Insurance: ~$2000 Approximate NOI: $108,000 - $18,000 = $90,000, Additional information: Rental Income:Y

(718) 736-3621
Contact Us
Search All Properties

Additional Information

Year Built
2004
Total Taxes
16815
Heating
Baseboard, Forced Air, Natural Gas
Taxes
$16,815
Request Info Add to Favorites
Property Back to Results Property
Add to Favorites Request Information New Search

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Sabbir Ahmed (Info@elitesynergyrealty.com) from Listing Office: Elite Synergy Realty Inc.

Selling Office: Elite Synergy Realty Inc.

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.