Richmond Hill, NY 11418,125-16 Jamaica AVE
$975,000
Est. payment /mo
Est.Price: ?

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3,000 SqFt
SOLD DATE : 05/09/2023

Key Details

Sold Price $975,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $325

MLS Listing ID L3456852

Annual Tax Amount $7,089

Property Description

Perfect investment opportunity at an approximate 6.5% cap rate Great retail block right on Jamaica Avenue in the heart of charming Richmond Hill Brick facade 3 stories with 1st Floor Commercial + 2 stories of Residential on top (1,000 sf per floor) plus 1,000 sf full basement Residential Units have 3 bed/1 bath each with kitchen, dining, living areas Ground Level commercial with 4 separate rooms including laundry area & 1 bath & private backyard All 3 units separately metered for gas & electric Being sold as is but has major potential renovation value

Location

State NY

County Queens

Interior

Heating Baseboard, Hot Water, Natural Gas

Building

Story 3

Others

Special Listing Condition None

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Listed by Compass Greater NY LLC • Jonathan Kramer
Bought with Compass

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Karin Lanciano

Karin Lanciano

+1(917) 426-8415

Agent | License ID: 10401317111

Agent License ID: 10401317111

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