182-28 & 182-30 Hillside Ave
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182-28 & 182-30 Hillside Ave
4,480 SF Vacant Retail Building Jamaica, NY 11432 $3,762,087 CAD ($840 CAD/SF)
Investment Highlights
- development site, excellent investment , Renovated apartments and stores, 4 free market apartments, 2 retail stores
- 2 blocks from F train 179 street heavy pedestrian traffic
Executive Summary
This sale includes 182-28 and 182-30 Hillside avenue. Owner Financing available. The property is a great investment or development site with zoning R6A which allows for a 6-8 story building. This large renovated building is in a high pedestrian traffic location 2 blocks from the F train 179 street. The building has 2 retail stores and 4 free market apartments and 4 private parking spaces. 182-28 and 182-30 hillside avenue is included in the sale. Fully renovated building. The stores are renovated as well. Owner financing available.
Financial Summary (Actual - 2022) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$193,108
|
$43.10
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$193,108
|
$43.10
|
| Taxes |
$31,441
|
$7.02
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$31,441
|
$7.02
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2022)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $193,108 |
| Annual Per SF | $43.10 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $193,108 |
| Annual Per SF | $43.10 |
| Taxes (CAD) | |
|---|---|
| Annual | $31,441 |
| Annual Per SF | $7.02 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $31,441 |
| Annual Per SF | $7.02 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,480 SF
Year Built/Renovated
1940/2020
Price
$3,762,087 CAD
Price Per SF
$840 CAD
Percent Leased
Vacant
Building Height
3 Stories
Building FAR
1.47
Lot Size
0.07 AC
Zoning
R6A , C2-4 , DJ - R6A can build a six to eight story apartment building
Frontage
36 ft on Hillside Avenue
Amenities
- Bus Line
- Metro/Subway
- Signage
- Recessed Lighting
Walk Score ®
Very Walkable (89)
Transit Score ®
Rider's Paradise (100)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 09919-0027 | Total Assessment | $326,503 CAD (2024) |
| Land Assessment | $63,528 CAD (2024) | Annual Taxes | $31,441 CAD ($7.02 CAD/SF) |
| Improvements Assessment | $262,975 CAD (2024) | Tax Year | 2022 |
PROPERTY TAXES
Parcel Number
09919-0027
Land Assessment
$63,528 CAD (2024)
Improvements Assessment
$262,975 CAD (2024)
Total Assessment
$326,503 CAD (2024)
Annual Taxes
$31,441 CAD ($7.02 CAD/SF)
Tax Year
2022
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Multiple Choice Realty
182-28 & 182-30 Hillside Ave
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