Excellent potential opportunity property in Richmond Hill, Queens. It is located in an universal R6B/ C2-3 zoning district. The main commercial unit is currently leased as a attorney office which still have 18 months lease remained, projected market rent for this office/store is $3500 plus. Unit @2F and 2R are in very good condition, projected fair rent $2000 each, projected cap for this property is 7% plus. The roof was updated two years ago, newly replaced water heater, minutes away from A train. Can't miss the chance to own this money maker.!!!!
Excellent potential opportunity property in Richmond Hill, Queens. It is located in an universal R6B/ C2-3 zoning district. The main commercial unit is currently leased as a attorney office which still have 18 months lease remained, projected market rent for this office/store is $3500 plus. Unit @2F and 2R are in very good condition, projected fair rent $2000 each, projected cap for this property is 7% plus. The roof was updated two years ago, newly replaced water heater, minutes away from A train. Can't miss the chance to own this money maker.!!!!
Listing Courtesy of Exit Realty Professionals