44
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$1,720,000
Est. payment /mo
Active
148-11 175th ST Jamaica, NY 11434
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Additional details
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 815627
Rental Info No
Year Built 2008
Annual Tax Amount $10,000
Property Sub-Type Business
Source onekey2
Property Description
Prime Location! Across From Motor Vehicle Dept and JFK, 4,620 SQUARE FOOT BUILDING! 4 Units; Auto Mechanic Detailing or Auto Body & Luncheonette on Ground Level with 6 Office upstairs both with 2 separate comon areas and 2 Kitchens and 2 Full baths. 4 Ac Units & 4 Heating Units (Hvac), 17Yr Old Bldg. All New Gas and Electric plus an Elevator. Owner Pays Insurance & Taxes. M1-1 Zoning, 28X100 Lot Size. Downstairs Garage $5300/$63,600 until Sept Oct 2026 but would like to re-new. Luncheonette $2300/$27,600 until Feb 2027. 2 Office net approximately $6,000/$72,000 Expenses: $10,000 Taxes, $3000 Insurance Total Income $163,200 NOI $150,200 Cap Rate 8.73%Prime Location! Across From Motor Vehicle Dept and JFK, 4,620 SQUARE FOOT BUILDING! 4 Units; Auto Mechanic or Auto Body & luncheonette on Ground Level with 2 Office upstairs. 4 Ac Units & 4 Heating Units (Hvac), 17Yr Old Bldg. All New Gas and Electric plus an elevator. Owner Pays Insurance & Taxes. M1-1 Zoning, 28X100 Lot Size.
Downstairs Garage $5300 until Sept Oct 2026.
Luncheonette $2300 until Feb 2027
Expenses: $10,000 Taxes, $3000 Insurance NOI $150,020 Cap Rate 8.73%
Downstairs Garage $5300 until Sept Oct 2026.
Luncheonette $2300 until Feb 2027
Expenses: $10,000 Taxes, $3000 Insurance NOI $150,020 Cap Rate 8.73%
Location
State NY
County Queens
Interior
Heating Forced Air, Hydro Air, Natural Gas
Cooling Central Air
Fireplace No
Exterior
Utilities Available Electricity Connected
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Block
Others
Special Listing Condition None
Listed by Coldwell Banker American Homes • John C. Gandolfo