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Mixed-Use Jamaica
Mixed Use | 6.10% CAP | 1,840 SF
Listing Contacts
PZ 
License: NY 10401260640
Active
Asking Price: $850,000
Address
122-14 Sutphin Blvd, Jamaica, NY 11434
Show on MapDate Added
Jun 9, 2021
Days on Market
1385 days
Time Since Last Update
22 days
Details
Property TypeMixed Use
Subtype3
Investment TypeOwner/User
Lease TypeNet
TenancyMulti
Square Footage1,840
Price/Sq Ft$461.96
Cap Rate6.10%
NOI$51,867
Units3
Year Built1925
ZoningR3A
Lot Size (sq ft)1,982
Broker Co-OpYes
Marketing Description
Prime investment mixed-use property located on the busy street of Sutphin Blvd. The property features a fully renovated store front doing business as a barber shop, rear 1st floor 3bedroom apartment, 2nd floor featuring 3 bedrooms 1bath. Great chance to own an income producing property with over 5.7% CAP rate. Call for more details.
Investment Highlights
- Fully renovated store and basement.
- Over 6.5% Cap rate.
- 100% leased.
- Low property tax
Valuation Calculator
Valuation Calculator
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$51,867.00
$4,322.25/mo
Valuation Metrics
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0
DSCR
6.1%
Cap Rate
6.1%
ROI
Property History
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Due Diligence
Listing Contacts
PZ License: NY 10401260640
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