The subject property is a two story mixed-use building located on the north side of Jamaica Avenue between 131st and 132nd Streets in Richmond Hill, Queens. The building consists of (1) commercial space, currently leased to a bar, and (2) one bedroom apartments. Both apartments can be delivered vacant at closing, allowing for significant upside in the rents. The property is conveniently located near many major modes of transportation including the Van Wyck Expressway and the E subway line, both located just 2 blocks away. Additionally, Jamaica Hospital Medical Center is located only two blocks away. This is an excellent investment opportunity.
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