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87-15 115th St
Jamaica, NY 11418
Office Building with Air Rights · Office Property For Sale
Investment Highlights
- 8,280 Sq. Ft. Commercial Building With (2) Month-to-Month Tenants occupying the Building For 10+ Years. Includes 14,295 SF of Residential Air Rights.
- Located .3 Miles From The J/Z Train Subway Stop at 111th Street & Jamaica Avenue.
- Current Gross Income is $177,204/Year With The Potential to Increase to $288,000/Year.
- 7,425 Sq. Ft. Lot Zoned R6A, C2-4.
- Adjacent to Major National Tenants Including: Chase Bank, Crunch Fitness, and Dollar Tree.
- Includes (12) Parking Spaces For Tenant Use.
Property Facts
Property Type
Office
Building Size
8,280 SF
Building Class
C
Year Built
1930
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,140 SF
Building FAR
1.12
Lot Size
0.17 AC
Zoning
R6A, C2-4 - 75x99.08 lot zoned R6A, C2-4 allows for an as-of-right 22,275 Sq. Ft. Free Market Residential / Mixed-Use building.
Parking
12 Spaces (1.45 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Commuter Rail
- Storage Space
- Air Conditioning
Property Taxes
| Parcel Number | 09305-0079 | Improvements Assessment | $615,060 |
| Land Assessment | $67,050 | Total Assessment | $682,110 |
Property Taxes
Parcel Number
09305-0079
Land Assessment
$67,050
Improvements Assessment
$615,060
Total Assessment
$682,110
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