Details
- Subject property is a corner mixed-use building consisting of 3 commercial units and 2 residential units.
- Property has great exposure and is located on a very busy intersection of Jamaica Avenue & 217th Street with the LIRR being right across the street.
- Property has approximately 2,840 SF of unused square footage and another floor can be added on in the future.
- Price ~ $1,500,000
- Cap Rate ~ 5.7%
- GRM ~ 12.91