Check Availability
$2,800,000
↓ $188K (6.3%)
House - For Sale

117-10 Hillside Avenue

Jamaica, NY 11418
bedrooms
Studio
bathrooms
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
Richard Matt Shane
All Island Estates Realty Corp
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

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
-
$3,250,000 Apr 8, 2023
$3,250,000 Apr 25, 2023
$1,083/mo
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
-
Commercial
Loft
-
-
$2,999,000 Feb 1, 2022
-
$542/mo
Commercial
Loft
-
-
$2,600,000 Jun 14, 2023
-
$3,234/mo
House
5 Beds
5 Baths
-
$2,850,000 Aug 30, 2023
-
$1,348/mo
Multifamily
6 Beds
6 Baths
-
$2,750,000 Jul 3, 2023
-
$3,417/mo
Multifamily
5 Beds
2 Baths
-
$3,200,000 Aug 31, 2023
-
$546/mo
House
3 Beds
3 Baths
-
$3,200,000 Aug 31, 2023
-
$494/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220915
09/15/2022
Loft
-
-
$3,500,000
bedrooms
Loft
bathrooms
-
-
-
-
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
More about this Building
117-10 Hillside Avenue
Want to find out who owns 117-10 Hillside Avenue, Richmond Hill, NY 11418? Get detailed property transactions here .

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