117-10 Hillside Ave - Medical FOR SALE


Richmond Hill, NY 11418
$2,800,000 USD
516-279-8828
117-10 Hillside Ave, Richmond Hill, NY for Sale
$2,800,000 USD
Medical - FOR SALE
1/21
null | 9.41% Cap Rate

117-10 Hillside Ave
Richmond Hill, NY 11418


HIGHLIGHTS

  • Calling All Investors, Developers & End-Users!!! 2 Unit 6,000+ Sqft Medical Office Building With Private Gated Parking Lot For Sale!!!
  • The Building Features Great Exposure, Excellent Signage, 18 Parking Spaces, Strong R6A/C2-2 Zoning, High 15’ Ceilings, Private Gated Parking Lot, ++!!
  • The Property Is Located In The Heart Of Richmond Hill Less Than 10 Minutes From The Jamaica LIRR Station!!!
  • Neighbors Include Toyota, UPS, Verizon, The Home Depot, 77-eleven, Stop & Shop, M&D Bank, T-Mobile, Dunkin’, CVS, CubeSmart Self Storage, +++!!!
  • This Property Has HUGE Upside Potential!!!
  • This Could Be Your Next Development Site / The Next Home For Your Business!!!

OVERVIEW

Calling All Investors, Developers & End-Users!!! 2 Unit 6,000+ Sqft Medical Office Building With Private Gated Parking Lot For Sale!!! The Building Features Great Exposure, Excellent Signage, 18 Parking Spaces, Strong R6A/C2-2 Zoning, High 15’ Ceilings, Private Gated Parking Lot, Finished Basement, Strategically Placed Curb Cut, All New LED Lighting, 3 Phase Power, CAC, +++!!! The Property Is Located In The Heart Of Richmond Hill On Busy Hillside Avenue Less Than 10 Minutes From The Jamaica LIRR Station!!! Neighbors Include Toyota, UPS, Verizon, The Home Depot, 7-Eleven, Stop & Shop, M&D Bank, T-Mobile, Dunkin’, CVS, CubeSmart Self Storage, SafeGuard Self Storage, AutoZone, BP Gas, Amoco, Dollar Tree, Rite Aid, Planet Fitness, Crunch Fitness, McDonald’s, Key Food, Domino’s, IHOP, +++!!! This Property Has HUGE Upside Potential!!! This Could Be Your Next Development Site / The Next Home For Your Business!!! Income: 6,077 Sqft. Office Building: $303,850 Ann. (Available) Pro Forma Gross Income: $303,850 Ann. Expenses: Gas: $0 Electric: $0 Water: $1,407 Ann. Insurance: $1,358 Ann. Taxes: $37,587.84 Ann. Total Expenses: $40,352.84 Ann. Pro Forma Net Operating Income (NOI): $263,497.16 Ann. (9.41 Cap!!!)

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$700 USD /SF

CAP RATE

9.41%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,904 SF

ZONING

R6A/ C2-2

APN/PARCEL ID

09262-0089

ASK ABOUT THIS PROPERTY

Matthew ShaneAll Island CommercialMore Info
516-279-8828

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Matthew ShaneAll Island CommercialMore Info
516-279-8828

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.