182-28 & 182-30 Hillside Ave
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182-28 & 182-30 Hillside Ave
4,480 SF Vacant Retail Building Jamaica, NY 11432 £2,744,199 (£613/SF)
Investment Highlights
- development site, excellent investment , Renovated apartments and stores, 4 free market apartments, 2 retail stores
- 2 blocks from F train 179 street heavy pedestrian traffic
Executive Summary
This sale includes 182-28 and 182-30 Hillside avenue. Owner Financing available. The property is a great investment or development site with zoning R6A which allows for a 6-8 story building. This large renovated building is in a high pedestrian traffic location 2 blocks from the F train 179 street. The building has 2 retail stores and 4 free market apartments and 4 private parking spaces. 182-28 and 182-30 hillside avenue is included in the sale. Fully renovated building. The stores are renovated as well. Owner financing available.
Financial Summary (Actual - 2022) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£140,860
|
£31.44
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£140,860
|
£31.44
|
| Taxes |
£22,934
|
£5.12
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
£22,934
|
£5.12
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2022)
| Gross Rental Income | |
|---|---|
| Annual | £140,860 |
| Annual Per SF | £31.44 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £140,860 |
| Annual Per SF | £31.44 |
| Taxes | |
|---|---|
| Annual | £22,934 |
| Annual Per SF | £5.12 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | £22,934 |
| Annual Per SF | £5.12 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,480 SF
Year Built/Renovated
1940/2020
Price
£2,744,199
Price Per SF
£613
Percent Leased
Vacant
Number of Floors
3
Building FAR
1.47
Lot Size
0.07 AC
Zoning
R6A , C2-4 , DJ - R6A can build a six to eight story apartment building
Frontage
36 ft on Hillside Avenue
Amenities
- Bus Route
- Public Transport
- Signage
- Recessed Lighting
Walk Score ®
Very Walkable (89)
Transit Score ®
Rider's Paradise (100)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 09919-0027 | Total Assessment | £183,448 (2024) |
| Land Assessment | £35,694 (2024) | Annual Taxes | £22,934 (£5.12/sf) |
| Improvements Assessment | £147,754 (2024) | Tax Year | 2022 |
PROPERTY TAXES
Parcel Number
09919-0027
Land Assessment
£35,694 (2024)
Improvements Assessment
£147,754 (2024)
Total Assessment
£183,448 (2024)
Annual Taxes
£22,934 (£5.12/sf)
Tax Year
2022
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Multiple Choice Realty
182-28 & 182-30 Hillside Ave
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