139-20 109 Avenue 4, Jamaica, NY 11435

4,620 sqft

other
Built in 1950
4,674sqft lot
—— car garage
$584/sqft
Listed 19 days ago

Property Description

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.

Listing Status:: Active
Listing Office:: Century 21 Milestone Team Rlty : 718-291-7000
MLS ID:: 869249

Basement: Full
A/C: Multi Units
Heating: Natural Gas

This listing courtesy of Century 21 Milestone Team Rlty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.