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215-12-22 91st Avenue

Jamaica, NY 11428
  • $2,388,000
  • STATUS: Active
  • ON SITE: 216 Days
  • MLS #: 3308731
$2,388,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1928
County:
Area:

School Ratings & Info

Description

Calling All Investors, Developers & End-Users!!! 8.93 Cap 100% Occupied 13 Unit Corner Mixed-Use Building For Sale With 2 Cell Towers!!! Located In There Heart Of Jamaica On The Corner Of 91st Avenue & 215th Place. The Property Features Excellent Signage, Great Exposure, High Ceilings, +++!!! The Property Also Features 2 Cell Towers (Verizon & T-Mobile). The T-Mobile Lease Had Its Rights Sold For 20 Years 12 Years Ago So T-Mobile Should Start Paying Rent To The Landlord Again In 2029. This Property Offers HUGE Upside Potential!!! 215-12 (1 Br Apartment): $17,400 Ann. (M-M) 215-14 (Deli/ Grocery Store)+Apt: $57960 215-16 (1 Br Apartment)+Church $43600 215-18 (1 Br Apartment) + Printing co $42600 215-20 (2 Br Apartment):+ Florist $44820 Ann. 215-22 (2 Br Apartment)+ Barber Shop: $47760 Verizon Wireless Cell Tower: $13,230 Ann.; Lease Exp. 8/1/2028; 5% Ann. Inc. T-Mobile: $0 (They Pay $30,000-$40,000+ Ann. To Someone Else Who Bought The Rights To The Cell Tower Until 2029.

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© 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Carollo Real Estate. Data last updated: 2021-12-04T00:17:08.67.
www.carollorealestate.com/homes/116675270
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215-12-22 91st Avenue Jamaica, NY 11428

  • Price: $2,388,000
  • Status: Active
  • On Site: 216 Days
  • MLS #: 3308731
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1928
Built
Neighborhood:
Queens
County:
Queens
Area:
Queens
Property Description
Calling All Investors, Developers & End-Users!!! 8.93 Cap 100% Occupied 13 Unit Corner Mixed-Use Building For Sale With 2 Cell Towers!!! Located In There Heart Of Jamaica On The Corner Of 91st Avenue & 215th Place. The Property Features Excellent Signage, Great Exposure, High Ceilings, +++!!! The Property Also Features 2 Cell Towers (Verizon & T-Mobile). The T-Mobile Lease Had Its Rights Sold For 20 Years 12 Years Ago So T-Mobile Should Start Paying Rent To The Landlord Again In 2029. This Property Offers HUGE Upside Potential!!! 215-12 (1 Br Apartment): $17,400 Ann. (M-M) 215-14 (Deli/ Grocery Store)+Apt: $57960 215-16 (1 Br Apartment)+Church $43600 215-18 (1 Br Apartment) + Printing co $42600 215-20 (2 Br Apartment):+ Florist $44820 Ann. 215-22 (2 Br Apartment)+ Barber Shop: $47760 Verizon Wireless Cell Tower: $13,230 Ann.; Lease Exp. 8/1/2028; 5% Ann. Inc. T-Mobile: $0 (They Pay $30,000-$40,000+ Ann. To Someone Else Who Bought The Rights To The Cell Tower Until 2029.
Exterior Features

Building Size 1566 SF Business Parking Spaces 12

Interior Features

Ceiling Height 1

Property Features

Business Type Miscellaneous Gross Income 213040.00 Net Operating Income 167340.00 Operating Expense 45700.00 Property Sub Type Mixed Use Property Type Commercial Sale Tax Annual Amount 0.00 Tax Block 10640 Zoning Description R2

Listing courtesy of Richard Matt Shane of All Island Estates Realty Corp.
© 2021 OneKey MLS. All rights reserved.


© 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Carollo Real Estate. Data last updated: 2021-12-04T00:17:08.67.
 
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