116-14 MYRTLE AVENUE

For Sale - Queens - Richmond Hill

$2,600,000

Net Operating Income: $156,095

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Key Details

Property Type
Mixed Use
Neighborhood
Richmond Hill
Property Dimensions
40.0 x 93.75
Property Area
5,100 sq.ft.
Total Units:
1
Stories:
2
NOI
$156,095
Price
$2,600,000
Price Per Unit
$2,600,000
Cap Rate
6.0%

Listing Description

B6 Real Estate Advisors has been retained on an exclusive basis to arrange for the sale of 116-14 Myrtle Ave in the Richmond Hill neighborhood of Queens.
• The subject property is a 2-story mixed-use building with basement and third floor for storage. The ground floor is currently occupied by Richmond Hill Radiology. The tenant has 3 years remaining. The second floor is a one-bedroom apartment and is currently occupied.
• Located within proximity of the J, Z and E subway lines. The Richmond Hill LIRR station is 1.5 miles away.
•The property features 1,200-amp service.
• The property is zoned R6B.
• Multiple new development.

Property Details

Block/Lot:
9254/4
Lot Dimensions
50.0 x 100.0
Lot Area
5,000 sq.ft
Zoning:
R6B
FAR as Built:
1.02
Max FAR:
2.0
Ben EfraimovB6 Real Estate Advisors
Contact Agent View Setup

Sales & Transactions

AddressSale PriceSale DateProperty Type
102-28 JAMAICA AVENUE$1,450,00007/23/2018Mixed Use
112-17 JAMAICA AVENUE$990,00006/21/2018Mixed Use
102-03 JAMAICA AVENUE$980,00006/20/2018Mixed Use
10814 JAMAICA AVENUE$485,00005/31/2018Mixed Use
12510 LIBERTY AVE$1,262,50005/21/2018Mixed Use
12512 LIBERTY AVE$1,262,50005/21/2018Mixed Use
105-20 JAMAICA AVENUE$583,00005/15/2018Mixed Use
121-09 JAMAICA AVENUE$600,00004/30/2018Mixed Use
115-03 LIBERTY AVENUE$1,300,00004/30/2018Mixed Use
109-02 JAMAICA AVENUE$1,300,00004/18/2018Mixed Use