RARE VALUE-ADD OPPORTUNITY WITH IMMEDIATE CASH FLOWLook no further! This fully renovated, well-maintained brick mixed-use building offers the perfect blend of stable rental income and prime commercial potential. Boasting extremely low property taxes, this property is an exceptional addition to any portfolio.Prime Commercial Storefront: Currently vacant and ready for immediate occupancy! Featuring high visibility in a high-density area with heavy foot and vehicle traffic, it is perfect for an owner-user to launch their own business or for an investor to lease out at top market rent.Turnkey Residential Unit: The upper level are fully occupied by stable, long-term tenants. Configured as a total of 4 bedrooms and 2 bathroomsCompletely Updated: Thoroughly renovated 6 years ago with new windows, updated electrical, and modern heating systems.Tenant-Paid Utilities: Enjoy hassle-free management with separate meters for both gas and electric.This is a stabilized asset with immediate residential income from day one, plus massive upside potential once the storefront is utilized.Don't miss out on this rare opportunity to live, work, or invest in a high-demand location!
Listing By
Agency Name: B Square Realty
Agency Contact: 347-272-8002
Shown By
Agent Name: TEAM Rita Bender
Agent Phone: Cell: (631) 871-5470
Agency Title: Howard Hanna | Coach Realtors
Estimated Payment
$ 6,127.41 per month $5,282.32 Principal & Interest $486.33 Property Tax $358.75 Homeowner's Insurance
10428 Jamaica Avenue | MLS# 1010470
This multi-family property located at 10428 Jamaica Avenue, Richmond Hill, NY 11418 is currently listed for sale with an asking price of $1,230,000. Jamaica Avenue is located within the Queens 27 school district. Search Richmond Hill real estate on www.ritabender.com today.