187-20 Hillside AveJamaica, NY 11432

For Sale
$170,000
Jamaica, NY Corner Deli/Convenience Store

Overview

Added:
Dec 11, 2024
Days on market:
125
This Jamaica, NY commercial property, located at 187-20 Hillside Avenue, is a 2,200 square foot corner deli and convenience store situated on a 2,200 square foot lot. The property boasts a prime location near five bus stops and within walking distance of a train station, ensuring high foot traffic. The store itself is described as beautiful and clean, and includes a large basement and one parking space. Financial records indicate a gross annual sale of $131,000, with total yearly expenses of $73,000, resulting in a net operating income (NOI) of $59,000. Additional income streams include approximately $48,000 annually from lottery commissions and $2,400 annually from an ATM. This presents a strong investment opportunity in a high-traffic area with established revenue streams. The property is being offered for $170,000.

Property Details for 187-20 Hillside Ave

Property type
Specialty properties, Land
Square Feet
2,200 SF

Location Insight

City
Jamaica
County
Queens
State
New York
Latitude
40.7147382
Longitude
-73.7744508
187-20 Hillside Ave, Jamaica, New York

FAQs

What type of property is this?
Specialty property - Jamaica, NY Corner Deli/Convenience Store
Where is the specialty property located?
The property is located at 187-20 Hillside Ave Jamaica, NY.
What is the asking price?
The asking price for this property is $170,000.
How can I contact the broker?
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187-20 Hillside Ave
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