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16015 Hillside Avenue
House in Jamaica Hills •  building info
4bd • 3ba • 2,360ft² $542 per ft²
List Price

$1,280,000

Key Details
Days on market
59
Last price change
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Estimated payment
$7,472/mo
Taxes
$565/mo
Maintenance
N/A
Description
Jamaica Hills – Mixed-Use Two-Family + Storefront. The property consists of two residential units plus one commercial storefront. The ground-floor grocery store is approximately 1,000 sq ft with no lease. The second and third floors feature 2-bedroom, 1-bath apartments of approximately 700 sq ft each, both is vacant. The building sits on a 2,400 sq ft lot (20×118), is brick construction, and has annual property taxes of only $6,781. The property was fully renovated, with separate gas and electric meters and individual split HVAC systems for each unit. Exceptional transportation access just a couple minutes' walk to the subway, with close proximity to LIRR and major bus lines. This rare, full-coverage transit location in Jamaica Hills makes the property ideal for high-density development and long-term rental income.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,280,000
Asking Price: $1,280,000
Term
30 Years
Down Payment
$128,000 (10%)
Min: 10% (128,000)
Rate
6.0 %
Mortgage Amount
$1,152,000
Mortgage Payment
$6,907
Taxes
$565
Estimated closing cost
$47,000
Total monthly cost $7,472
Listing Courtesy of Skylux Realty Inc

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