See Home Value
$7,131,321*
Commercial - Off Market

8716-8718 Avon Street

Jamaica, NY 11432
bedrooms
Studio
bathrooms
0 Bath
$4,725,000 - $5,775,000
Reference Base Price*
35.83%
Since Oct 1, 2020
NY-New York
Primary Model

About This Property

Calling All Investors & Medical End-Users!!! New Construction Occupied 11 Unit Mixed-Use Building With Room For Medical End-User Offered For Sale Offered At A 6.32 Cap!!! Built In 2014 This Fully Sprinklered 18,000 Sqft. Building Features 2 Penthouses, A Private 14 Car Parking Lot, 9 Apartments, A 4,350 Sqft. Medical Office, Lab, Elevator, Separate Meters, All New LED Lighting, 3 Phase Power, Great Location, Excellent Signage, +++!!! Net Operating Income (NOI): $331,969 (6.32 Cap!!!)
Unit Size
-
Days on Market
-
Land Size
7,680.00 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$4,043
HOA Dues
-
Year Built
2011

Price History

Date / Event Date Event Price
Sep 18, 2020 No longer available -
No longer available
Jul 30, 2020 Price Increased $5,250,000
↑ $251K (5%)
Price Increased
May 16, 2020 Price Decreased $4,999,000
↓ $351K (6.6%)
Price Decreased
Apr 30, 2020 Price Decreased $5,350,000
↓ $645K (10.8%)
Price Decreased
Mar 8, 2020 Price Increased $5,995,000
↑ $645K (12.1%)
Price Increased
Show More

Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$5,200,000 Sep 23, 2022
$5,200,000 Jan 20, 2023
$1,912/mo
House
6 Beds
6 Baths
-
$5,500,000 Nov 2, 2023
-
$1,793/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230623
06/23/2023
Loft
-
-
$4,950,000
bedrooms
Loft
bathrooms
-
-
-
-
Shahid Malik
Winzone Realty Inc
20211230
12/30/2021
Loft
-
-
$5,900,000
bedrooms
Loft
bathrooms
-
-
-
-
Shahid Malik
Winzone Realty Inc
20210519
05/19/2021
Loft
-
-
$5,750,000
bedrooms
Loft
bathrooms
-
-
-
-
Shahid Malik
Winzone Realty Inc
20190919
09/19/2019
Loft
-
-
$5,988,000
bedrooms
Loft
bathrooms
-
-
-
-
Richard Shane
All Island Estates Realty Corp
20180830
08/30/2018
Studio
-
-
$6,100,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

87-16 Avon Street 87-16 Avon Street, Jamaica, NY 11432
  • 10 Units
More about this Building
87-16 Avon Street
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