MIX USE QUEENS VILLAGE NY | 22105 Jamaica Ave
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MIX USE QUEENS VILLAGE NY 22105 Jamaica Ave
2,600 SF 100% Leased Retail Building Queens Village, NY 11428 £950,391 (£366/SF) 7.10% Net Initial Yield
Investment Highlights
- BUSY DAY TIME TRAFFIC
- FULLY RENOVATED
- WALKING DISTANCE TO LIRR
Executive Summary
FULLY RENOVATED WITH TWO APARTMENTS ON THE 2TH FLOOR. RENTS $4.000 month to month
OFFICE PROFESSIONAL WITH TWO BATHROOMS ON GROUND FLOOR. RENT $5.200 two and a half years lease left
FULL FINISHED BASEMENT WITH HIGH ENERGY EFFICIENT GAS BOILERS.
THREE PARKING SPOTS . $200
PRIME LOCATION NEAR LIRR AND ALL MAJOR HWYS
OFFICE PROFESSIONAL WITH TWO BATHROOMS ON GROUND FLOOR. RENT $5.200 two and a half years lease left
FULL FINISHED BASEMENT WITH HIGH ENERGY EFFICIENT GAS BOILERS.
THREE PARKING SPOTS . $200
PRIME LOCATION NEAR LIRR AND ALL MAJOR HWYS
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£90,163
|
£34.68
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£90,163
|
£34.68
|
| Taxes |
£17,715
|
£6.81
|
| Operating Expenses |
£2,238
|
£0.86
|
| Total Expenses |
£19,953
|
£7.67
|
| Net Operating Income |
£70,210
|
£27.00
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | £90,163 |
| Annual Per SF | £34.68 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £90,163 |
| Annual Per SF | £34.68 |
| Taxes | |
|---|---|
| Annual | £17,715 |
| Annual Per SF | £6.81 |
| Operating Expenses | |
|---|---|
| Annual | £2,238 |
| Annual Per SF | £0.86 |
| Total Expenses | |
|---|---|
| Annual | £19,953 |
| Annual Per SF | £7.67 |
| Net Operating Income | |
|---|---|
| Annual | £70,210 |
| Annual Per SF | £27.00 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,600 SF
Year Built/Renovated
1931/2019
Price
£950,391
Price Per SF
£366
Net Initial Yield
7.10%
NOI
£67,463
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.11
Lot Size
0.05 AC
Zoning
R3-2,C1-2 - R3-2, C1-2
Parking
1.15 Spaces per 1,000 SF Leased
Frontage
23 ft on JAMAICA AV
Amenities
- Signalised Intersection
- Roof Lights
- Tenant Controlled HVAC
- EPC - A
- Air Conditioning
- Balcony
Walk Score ®
Walker's Paradise (90)
Transit Score ®
Excellent Transit (79)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 10728-0036 | Total Assessment | £167,258 |
| Land Assessment | £33,092 | Annual Taxes | £17,715 (£6.81/sf) |
| Improvements Assessment | £134,166 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
10728-0036
Land Assessment
£33,092
Improvements Assessment
£134,166
Total Assessment
£167,258
Annual Taxes
£17,715 (£6.81/sf)
Tax Year
2024
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MIX USE QUEENS VILLAGE NY | 22105 Jamaica Ave
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