129-02 Guy R Brewer Boulevard, Jamaica, New York 11434
Owner-Operator Investment Opportunity -Dry Cleaning Business with Real Estate & Parking- DELIVERED VACANT
Map Content
Location Description
Blocks away from the City line
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Property Description
This is a one-story building with an on-site dry-cleaning operation and 5 parking spaces. It consists of a 1,488 sq. ft. building on a 2,976 sq. ft. lot. Delivered Vacant.
Property Details
| Price: | 850000 |
| No. Units: | 1 |
| Building Size: | 2976 SF |
| Price/Unit: | $108,333.33 |
| Property Type: | Retail-Commercial |
| Property Sub-type: | Retail-Commercial (Other) |
| Property Use Type: | Business |
| Cap Rate: | 0.20901882352941176% |
| Gross Rent Multiplier: | 3.6278430552413794 |
| Occupancy: | 1% |
| No. Stories: | 1 |
| Year Built: | 1957 |
| Lot Size: | 2976 SF |
Units
Unit Mix
| Description | No. Units | Avg. Mo. Rent |
Financial Summary
| Scheduled Gross Income | $234299 |
| Effective Gross Income | $234299 |
| Operating Expenses | $62633 |
| Net Operating Income | $177666 |
Debt & Equity Information
Major Tenants
| Tenant | SF Occupied | Lease Expired |