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 $1,705,109 CAD ($656 CAD/SF) 7.10% Cap Rate
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 (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$161,763
|
$62.22
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$161,763
|
$62.22
|
| Taxes |
$31,783
|
$12.22
|
| Operating Expenses |
$4,015
|
$1.54
|
| Total Expenses |
$35,799
|
$13.77
|
| Net Operating Income |
$125,964
|
$48.45
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $161,763 |
| Annual Per SF | $62.22 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $161,763 |
| Annual Per SF | $62.22 |
| Taxes (CAD) | |
|---|---|
| Annual | $31,783 |
| Annual Per SF | $12.22 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $4,015 |
| Annual Per SF | $1.54 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $35,799 |
| Annual Per SF | $13.77 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $125,964 |
| Annual Per SF | $48.45 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,600 SF
Year Built/Renovated
1931/2019
Price
$1,705,109 CAD
Price Per SF
$656 CAD
Cap Rate
7.10%
NOI
$121,036 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
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
- Signalized Intersection
- Skylights
- Tenant Controlled HVAC
- Energy Performance Rating - 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 | $301,362 CAD |
| Land Assessment | $59,624 CAD | Annual Taxes | $31,783 CAD ($12.22 CAD/SF) |
| Improvements Assessment | $241,738 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
10728-0036
Land Assessment
$59,624 CAD
Improvements Assessment
$241,738 CAD
Total Assessment
$301,362 CAD
Annual Taxes
$31,783 CAD ($12.22 CAD/SF)
Tax Year
2024
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MIX USE QUEENS VILLAGE NY | 22105 Jamaica Ave
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