About 139-20 109 Avenue # 4
Welcome to this Investment opportunity, a one of a kind 4-unit commercial gem . All units fully renovated with a 2nd story residential unit. Located in the heart of Jamaica, Queens on a spacious 5,008 sq ft, corner lot, just minutes from JFK airport, major highways and surrounded by a mix of residential and commercial developments. Property features a cap rate of 7+% with 4 solid tenants, a combined annual rental income of $243,430 with projected growth of $251,406. Current NOI $200,430. Don’t miss this opportunity to secure a cash- flow investment in one of Queens most in-demand neighborhoods. Call for rent roll/setup sheet. See details attached.
Features of 139-20 109 Avenue # 4
| MLS® # | 869249 |
|---|---|
| Price | $2,700,000 |
| Bathrooms | 0.00 |
| Square Footage | 4,620 |
| Acres | 0.11 |
| Year Built | 1950 |
| Type | Commercial |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 139-20 109 Avenue # 4 |
|---|---|
| City | Jamaica |
| County | Queens |
| State | NY |
| Zip Code | 11435 |
Additional Information
Listing Details
| Office | Century 21 Milestone Team Rlty |
|---|---|
| Office Contact | 718-291-7000 |