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Map
$2,800,000
↓ $188K (6.3%)
●
House -
For Sale
117-10 Hillside Avenue
Jamaica, NY 11418
Studio
0 Bath
$16,881
Estimated Monthly
$0
HOA / Fees
-0.19%
Cap Rate
About This Property
Calling All Investors, Developers & End-Users!!! 2 Unit 6,000+ Sqft
Medical Office Building With Private Gated Parking Lot For Sale!!!
The Building Features Great Exposure, Excellent Signage, 18 Parking
Spaces, Strong R6A/C2-2 Zoning, High 15' Ceilings, Private Gated
Parking Lot, Finished Basement, Strategically Placed Curb Cut, All
New LED Lighting, 3 Phase Power, CAC, +++!!! The Property Is
Located In The Heart Of Richmond Hill Less Than 10 Minutes From The
Jamaica LIRR Station!!! Neighbors Include Toyota, UPS, Verizon, The
Home Depot, 7-Eleven, Stop & Shop, M&D Bank, T-Mobile, Dunkin',
CVS, CubeSmart Self Storage, SafeGuard Self Storage, AutoZone, BP
Gas, Amoco, Dollar Tree, Rite Aid, Planet Fitness, Crunch Fitness,
McDonald's, Key Food, Domino's, IHOP, +++!!! This Property Has HUGE
Upside Potential!!! This Could Be Your Next Development Site / The
Next Home For Your Business!!! Income: 6,077 Sqft.
Office Building: $303,850 Ann. (Available) Pro Forma Gross
Income: $303,850 Ann. Expenses: Gas: $0
Electric: $0 Water: $1,407 Ann.
Insurance: $1,358 Ann. Taxes: $37,587.84 Ann.
Total Expenses: $40,352.84 Ann. Pro Forma Net
Operating Income (NOI): $263,497.16 Ann. (9.41 Cap!!!)
Unit Size
-
Days on Market
233 days
Land Size
0.09 acres
Price per sqft
-
Property Type
House
Property Taxes
$3,132
HOA Dues
-
Year Built
1931
Listed By
Last updated: 5 months ago (OneKey MLS #ONE3502940)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 26, 2023 | Price Decreased |
$2,800,000
↓ $188K
(6.3%)
|
|
Price Decreased | |||
Sep 7, 2023 | Listed by All Island Estates Realty Corp | $2,988,000 | |
Listed by All Island Estates Realty Corp | |||
Sep 2, 2023 | No longer available | - | |
No longer available | |||
Apr 25, 2023 | Price Decreased |
$3,000,000
↓ $500K
(14.3%)
|
|
Price Decreased | |||
Sep 15, 2022 | Listed by Park Assets Real Estate Corp | $3,500,000 | |
Listed by Park Assets Real Estate Corp |
Show More
Property Highlights
Exterior Details
Property Information
Square Footage : 6077
Property Type: Commercial Sale
Property Sub Type: Mixed Use
Year Built: 1931
Building Information
Building Area Units: Square Feet
Lot Information
Lot Size Acres: 0.09
Lot Size Square Feet: 3935
Lot Size Dimensions: 61x64.5
Financial Details
Tax Annual Amount: $37,588
Location Details
Directions: Myrtle Avenue To Hillside Avenue
County or Parish: Queens
Other Details
On Market Date: 2023-09-07
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Commercial
Loft
-
-
$3,250,000
Apr 8, 2023
$3,250,000
Apr 25, 2023
$1,083/mo
Sold
Commercial
Loft
-
-
$2,300,000
Feb 4, 2020
$2,300,000
Aug 28, 2020
$3,500/mo
House
5
Beds
7
Baths
4,800 ft²
$602/ft²
$2,888,000
Nov 1, 2022
$2,888,000
Apr 3, 2023
-
House
6
Beds
5
Baths
5,282 ft²
$625/ft²
$3,300,000
Jul 20, 2022
$3,300,000
Nov 14, 2022
-
House
5
Beds
5
Baths
3,541 ft²
$748/ft²
$2,650,000
Aug 12, 2021
$2,650,000
Oct 23, 2021
-
House
6
Beds
5
Baths
-
$3,330,000
Apr 7, 2021
$3,330,000
Sep 21, 2021
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/15/2022
|
|
Loft
|
-
|
-
|
$3,500,000
Loft
-
|
-
-
|
-
|
Victor Sookdeo
Park Assets Real Estate Corp
|
Building Info
117-10 Hillside Avenue
117-10 Hillside Avenue, Richmond Hill, NY 11418
- 1 Units
- 1 Unit for Sale