230-02 S Conduit Ave - Convenience Store FOR SALE


Jamaica, NY 11413
$988,000 USD
516-279-8828
230-02 S Conduit Ave, Jamaica, NY for Sale
$988,000 USD
Convenience Store - FOR SALE
1/11
null | Request Cap Rate

230-02 S Conduit Ave
Jamaica, NY 11413


HIGHLIGHTS

  • Calling All Investors, Developers & End-Users!!! 1,800 Sqft. Corner Retail Building With Cell Tower On S. Conduit Avenue For Sale!!!
  • The Property Features Excellent Signage, Great Exposure, R4B/C1-3 Zoning, 6 Parking Spaces, Basement, High 10’ Ceilings, 200 Amp Power, CAC, +++!!!
  • The Property Is Located In The Heart Of Springfield Gardens On Busy S. Conduit Avenue Minutes From JFK Airport & Green Acres Mall!!!
  • Neighbors Include UPS, Toyota, Hyundai, Capital One, Bank Of America, Walmart, The Home Depot, Target, Stop & Shop, Best Buy, Edible Arrangements, ++!
  • This Property Offers HUGE Upside Potential!!!
  • This Could Be Your Next Development Site Or The Next Home For Your Business!!!

OVERVIEW

Calling All Investors, Developers & End-Users!!! 1,800 Sqft. Corner Retail Building With Cell Tower On S. Conduit Avenue For Sale!!! The Property Features Excellent Signage, Great Exposure, R4B Zoning, 6 Parking Spaces, 1,800 Sqft. Basement, High 10’ Ceilings, All New LED Lighting, 200 Amp Power, CAC, +++!!! The Property Is Located In The Heart Of Springfield Gardens On Busy S. Conduit Avenue Minutes From JFK Airport & Green Acres Mall!!! Neighbors Include UPS, Toyota, Hyundai, Capital One, Bank Of America, Walmart, The Home Depot, Target, Stop & Shop, Best Buy, Edible Arrangements, PetSmart, Exxon, Primark, Dick’s Sporting Goods, Sonic, McDonald’s, Checkers, Popeye’s Louisiana Kitchen, Aldi, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Deli (1,800 Sqft. + 1,800 Sqft. LL): $52,800 Ann.; Lease Exp.: 11/1/2029. Verizon Tower: $24,000 Ann.; Lease Exp.: 2053. 2 Parking Spaces (Landscaper): $6,000 Ann. M-M. Gross Income: $82,800 Ann. Expenses: Gas: $0 Electric: $0 Water & Sewer: $700 Ann. Maintenance & Repairs: $250 Ann. Insurance: $2,803 Ann. Taxes: $17,579.76 Ann. Total Expenses: $21,332.76 Ann. Net Operating Income (NOI): $61,467.24 Ann.

FOR SALE DETAILS

PRICE

$988,000 USD

PRICE/SF

$549 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1933

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,634 SF

ZONING

R4B/C1-3

APN/PARCEL ID

13514-0001

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.