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    1 home
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      111-25 Jamaica Avenue, Richmond Hill, NY 11418
      Price Reduced $11,000
      111-25 Jamaica Avenue, Richmond Hill, NY 11418
      $1,588,000
      –sqft
      0.04acres
      Commercial Sale

      111-25 Jamaica Avenue, Richmond Hill, NY 11418

      Listing by: HomeCoin.com
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      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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      111-25 Jamaica Avenue, Richmond Hill, NY 11418
      111-25 Jamaica Avenue, Richmond Hill, NY 11418
      111-25 Jamaica Avenue, Richmond Hill, NY 11418
      111-25 Jamaica Avenue, Richmond Hill, NY 11418

      NY/Queens/NYC/11418/111-25 Jamaica Avenue, Richmond Hill, NY 11418

      Price Reduced $11,000
      $1,588,000 $11,000 
      –sqft
      0.04acres

      111-25 Jamaica Avenue, Richmond Hill, NY 11418

      City/Town:New York   Post Office: Richmond Hill     

      Commercial Sale by Jonathan Minerick, HomeCoin.com.

      Data checked -. Listing last updated 6 days ago.
      1. Overview
      2. Details
      3. More 

      This is a mixed use property with 2 retail stores and 2 residential units. All open market. Deli pays $3100 (Have 3 years left) 3% Escalation per year Plus increase of real estate tax Restaurant pays $4800 (Have 7 years left) 3% Escalation per year Plus increase of real estate tax 1 Bedroom pays $1700 have 10 months left 2 Bedroom pays $2550 have 11 months left Taxes around $18,000 Insurance around $4000 Water & Sewer around $4000 Repairs $2000 All tenants have direct meter and pay for their electricity and gas/heat. Gross Income is $145,800 Expenses are $28000. Net income is around $117,800 7.3% cap at the asking price Have additional air rights

      Details
        Property type
      Commercial Sale
        Year built
      1931
        Heating
      Baseboard, Natural Gas
        Cooling
      None, Wall/Window Unit(s)
        Garage
      No
        City/Town
      New York
        Post Office
      Richmond Hill
        Parking spots
      -
      H6310943
      MLS ID
      Active
      Status
      201
      Days on market
        Flooring
      –
        View
      –
      Exterior features
      –
      Lot features
      –
      Monthly taxes
      -
      Yearly taxes
      -
      Schools
      -
      Open Houses
      In-Person
      No upcoming in-person open houses
      Virtual
      No upcoming virtual open houses
      Contact Agent
      Jonathan Minerick
      Jonathan Minerick
      Real Estate Broker, HomeCoin.com
      Direct Number 
       
      Location
      For Sale Nearby
      No nearby homes are For Sale Nearby.
      Recently Sold
      No nearby homes have been Recently Sold.
      111-25 Jamaica Avenue, Richmond Hill, NY 11418, is a 0.04 acres Mixed Use built in 1931. This property is currently available for sale and was listed on OneKey® MLS on 6-4-2024. The MLS# for this Mixed Use is MLS# H6310943.
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
      Copyright ©2024 OneKey® MLS LLC