18316 Jamaica Ave
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18316 Jamaica Ave
12,603 SF 100% Leased Industrial Building Hollis, NY 11423 £3,156,000 (£250/SF) 6% Net Initial Yield
Investment Highlights
- Heavy daytime foot traffic.
Executive Summary
Industrial/office building for sale in Hollis (Jamaica) - Borough of Queens County, City of New York (NYC).
First floor has been used as industrial warehouse with pick, pack and shipping as well as distribution. Second floor has been built-out for working offices, wet pantry/kitchenette and 3-private bathrooms. Loading dock, parking space. Safe neighborhood, an ideal location only miles from John F Kennedy International Airport, major highways and expressways. Ideal bus/subway connections.
First floor has been used as industrial warehouse with pick, pack and shipping as well as distribution. Second floor has been built-out for working offices, wet pantry/kitchenette and 3-private bathrooms. Loading dock, parking space. Safe neighborhood, an ideal location only miles from John F Kennedy International Airport, major highways and expressways. Ideal bus/subway connections.
Property Facts
| Price | £3,156,000 | Rentable Building Area | 12,603 SF |
| Price Per SF | £250 | Number of Floors | 2 |
| Sale Type | Investment | Year Built | 1910 |
| Net Initial Yield | 6% | Parking Ratio | 0.32/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 18 ft |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 1 |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.18 AC |
| Price | £3,156,000 |
| Price Per SF | £250 |
| Sale Type | Investment |
| Net Initial Yield | 6% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.18 AC |
| Rentable Building Area | 12,603 SF |
| Number of Floors | 2 |
| Year Built | 1910 |
| Parking Ratio | 0.32/1,000 SF |
| Clear Ceiling Height | 18 ft |
| No. Dock-High Doors/Loading | 1 |
| Opportunity Zone |
Yes |
Amenities
- 24 Hour Access
- Bus Route
- Commuter Rail
- Public Transport
- Security System
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
1 of 1
Walk Score ®
Very Walkable (84)
Transit Score ®
Rider's Paradise (100)
PROPERTY TAXES
| Parcel Number | 10352-0058 | Improvements Assessment | £206,426 |
| Land Assessment | £85,780 | Total Assessment | £292,206 |
PROPERTY TAXES
Parcel Number
10352-0058
Land Assessment
£85,780
Improvements Assessment
£206,426
Total Assessment
£292,206
zoning
| Zoning Code | M1 (Building good for manufacturing, warehousing, offices. retail.bank etc.) |
| M1 (Building good for manufacturing, warehousing, offices. retail.bank etc.) |
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18316 Jamaica Ave
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