139-20 109 Avenue

Highlights:

• Annual Tax: $ 31130.0
• Average Occupancy Rate: 7.0
• Gross Income: $ 243430.0
• Age: Over 50 Years Old
• Heating Fuel Type: Gas
• Exterior Description: Brick
• Sewer: Public
• Cooling: A/C
• Basement: Full
• Water: City Water

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.