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148-11 175th Street, Jamaica, NY 11434

$1,650,000

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Pending

BEDS0 BATHS MLS#815627

STATUSPending PROPERTY TYPECommercial -

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Property Description

Prime Location! Across From Motor Vehicle Dept and JFK, 4,620 SQUARE FOOT BUILDING! 4 Units; Auto Mechanic Detailing or Auto Body & Luncheonette on Ground Level with 6 Office upstairs both with 2 separate comon areas and 2 Kitchens and 2 Full baths. 4 Ac Units & 4 Heating Units (Hvac), 17Yr Old Bldg. All New Gas and Electric plus an Elevator. Owner Pays Insurance & Taxes. M1-1 Zoning, 28X100 Lot Size. Downstairs Garage $5300/$63,600 until Sept Oct 2026 but would like to re-new. Luncheonette $2300/$27,600 until Feb 2027. 2 Office net approximately $6,000/$72,000 Expenses: $10,000 Taxes, $3000 Insurance Total Income $163,200 NOI $150,200 Cap Rate 8.73%Prime Location! Across From Motor Vehicle Dept and JFK, 4,620 SQUARE FOOT BUILDING! 4 Units; Auto Mechanic or Auto Body & luncheonette on Ground Level with 2 Office upstairs. 4 Ac Units & 4 Heating Units (Hvac), 17Yr Old Bldg. All New Gas and Electric plus an elevator. Owner Pays Insurance & Taxes. M1-1 Zoning, 28X100 Lot Size. Downstairs Garage $5300 until Sept Oct 2026.Luncheonette $2300 until Feb 2027Expenses: $10,000 Taxes, $3000 Insurance NOI $150,020 Cap Rate 8.73%

148-11 175th Street | MLS# 815627

This commercial property located at 148-11 175th Street, Jamaica, NY 11434 is currently listed for sale with an asking price of $1,650,000. Search Jamaica real estate on www.laffey.com today.

Property Features

Property Type: Commercial -

Cooling: Central Air

Heating: Forced Air, Hydro Air, Natural Gas

Lot Size: 0.06 Acres

Stories: 2.0

Taxes: $10,000

Year Built: 2008

Feature Descriptions

Building Area Total: 4620

Business Type: Automotive, Deli/Catering, Professional/Office

Days on Site: 504

Exterior: Block

On Market Date: 2025-01-21

Parking Total: 0

Rental Term: Monthly

Sewer: Public Sewer

Units: 4

Utilities: Electricity Connected

Water: Public

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Greenvale, NY 11548

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148-11 175th Street, Jamaica, NY 11434

Property Description

148-11 175th Street | MLS# 815627

Property Features

Feature Descriptions

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148-11 175th Street, Jamaica, NY 11434

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