Updated a day ago
In contract
Richmond Hill, Queens | 125th Street & 126th Street
11 Rooms6 Beds3 Baths3,000 Square FeetMixed Use

$1,195,000
floors / apts3 / 2
Lot Size20'x92'
Built Size20'x50'
ZoneR6A
Building TypeLow-Rise
RE Taxes$7,142
Price Per SF
$398

Outdoor space and views

  • Backyard [42'x20']

Building Amenities

  • Voice Intercom

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 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 Please contact listing agent for more information regarding income & expenses/NOI Being sold as is but has major potential renovation value

Listing History

Now
03/15/2023
Contract Signed by Jonathan Kramer
Compass
02/21/2023
Contract Out by Jonathan Kramer
Compass

Building Details

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts3/2
Learn More About the Building
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 89678TH