boulevard
®
107-03
GUY R BREWER
BOULEVARD
For sale | mixed-use building | Jamaica, NY 11433 EXECUTIVE SUMMARY
PROPERTY DESCRIPTION
CPEX Real Estate has been exclusively retained to market for sale 107-03 Guy R Brewer Boulevard in Jamaica, Queens. 107-03 Guy R Brewer Boulevard is a 2-story mixed-use walkup building located Between 107th Avenue and 108th Avenue. The lot measures approximately 20’ x 100’ totaling approximately 2,000 square feet. The building dimensions are approximately 20’ x 80’ totaling approximately 3,200 square feet. The ground floor of the building consists of approximately 700 square feet of retail space in addition to a 700 square foot 1-bedroom apartment. The second floor consists of two residential apartments. The property is located in a R5D zoning district with a C1-4 commercial overlay.
Block_Lot:
10166_29
Floors:
2
Units:
4
Lot Dimensions:
20' x 100'
Lot Size:
2,000'
Building Dimensions:
20' x 80'
Building Size:
3,200'
Gross Commercial SF:
700'
Gross Residential SF:
2,500'
Zoning:
C1-4/R5D
Residential FAR:
2.00
Commercial FAR:
2.00
Total Buildable SF:
4,000'
Taxes (16/17):
$3,122
*Approximate
10166
20.01
29
164
1
100.05
107TH AVENUE
164TH STREET
GUY R BREWER BLVD
ASKING PRICE: $695,000 For Further Information, Please Contact Exclusive Sales Team: Lawrence Sarn Managing Director (718) 935-1821 [email protected]
Chase Reiter Associate (718) 687-4233 [email protected]
CPEX REAL ESTATE | 81 WILLOUGHBY STREET, 8TH FL | BROOKLYN, NY 11201 | TEL: (718) 935-1800 | FAX: (718) 935-1822 | WWW.CPEXRE.COM All information contained herein was provided by or obtained from the owner of the property or from sources that we deem reliable. Though we have no reason to doubt the validity of the information, we do not warrant any information disclosed. IT IS STRONGLY URGED THAT THE PROSPECTIVE PURCHASER CAREFULLY VERIFY EACH ITEM OF SIZE, RE TAXES, PERMITTED LEGAL USE, AND ALL OTHER INFORMATION PRESENTED HEREIN.
GUY R
107-03
®
GUY R BREWER
BOULEVARD
For sale | mixed-use building | Jamaica, NY 11433 RENT ROLL
Floor
Use
Tenant
BR
SF
Lease Expiration
Actual PPSF
Actual Monthly Rent
Actual Annual Rent
Projected PPSF
Projected Monthly Rent
Projected Annual Rent
Ground Floor
Retail
N/A
N/A
700
Month to Month
$14
$800
$9,600
$22
$1,300
$15,600
Ground Floor
Residential
Apartment
1
700
2018
$21
$1,250
$15,000
-
-
-
2nd Floor
Residential
Apartment
1
700
2018
$21
$1,250
$15,000
-
-
-
2nd Floor
Residential
Apartment
2
800
2018
$26
$1,700
$20,400
-
-
-
$5,000
$60,000
Revenue Commercial Income
$9,600
Residential Income
$50,400
Gross Annual Income
$60,000
107-03
GUY R BREWER
BOULEVARD
Expenses Real Estate Taxes (16/17)
$3,122
Water/Sewer
$3,600
Insurance
$1,200
Heat & Hot Water
$4,160
Repairs & Maintenance
$1,512
Management
$1,980
Total Expenses
$15,574
Summary Net Operating Income (NOI)
$44,426
Capitalization Rate (Actual)
6.4%
Price Per Square Foot
$217
ASKING PRICE: $695,000 For Further Information, Please Contact Exclusive Sales Team: Lawrence Sarn Managing Director (718) 935-1821 [email protected]
Chase Reiter Associate (718) 687-4233 [email protected]
CPEX REAL ESTATE | 81 WILLOUGHBY STREET, 8TH FL | BROOKLYN, NY 11201 | TEL: (718) 935-1800 | FAX: (718) 935-1822 | WWW.CPEXRE.COM All information contained herein was provided by or obtained from the owner of the property or from sources that we deem reliable. Though we have no reason to doubt the validity of the information, we do not warrant any information disclosed. IT IS STRONGLY URGED THAT THE PROSPECTIVE PURCHASER CAREFULLY VERIFY EACH ITEM OF SIZE, RE TAXES, PERMITTED LEGAL USE, AND ALL OTHER INFORMATION PRESENTED HEREIN.
107-03
GUY R BREWER
BOULEVARD
For sale | mixed-use building | Jamaica, NY 11433 EXECUTIVE SUMMARY
PROPERTY DESCRIPTION
CPEX Real Estate has been exclusively retained to market for sale 107-03 Guy R Brewer Boulevard in Jamaica, Queens. 107-03 Guy R Brewer Boulevard is a 2-story mixed-use walkup building located Between 107th Avenue and 108th Avenue. The lot measures approximately 20’ x 100’ totaling approximately 2,000 square feet. The building dimensions are approximately 20’ x 80’ totaling approximately 3,200 square feet. The ground floor of the building consists of approximately 700 square feet of retail space in addition to a 700 square foot 1-bedroom apartment. The second floor consists of two residential apartments. The property is located in a R5D zoning district with a C1-4 commercial overlay.
Block_Lot:
10166_29
Floors:
2
Units:
4
Lot Dimensions:
20' x 100'
Lot Size:
2,000'
Building Dimensions:
20' x 80'
Building Size:
3,200'
Gross Commercial SF:
700'
Gross Residential SF:
2,500'
Zoning:
C1-4/R5D
Residential FAR:
2.00
Commercial FAR:
2.00
Total Buildable SF:
4,000'
Taxes (16/17):
$3,122
*Approximate
10166
20.01
29
164
1
100.05
107TH AVENUE
164TH STREET
GUY R BREWER BLVD
ASKING PRICE: $695,000 For Further Information, Please Contact Exclusive Sales Team: Lawrence Sarn Managing Director (718) 935-1821 [email protected]
Chase Reiter Associate (718) 687-4233 [email protected]
CPEX REAL ESTATE | 81 WILLOUGHBY STREET, 8TH FL | BROOKLYN, NY 11201 | TEL: (718) 935-1800 | FAX: (718) 935-1822 | WWW.CPEXRE.COM All information contained herein was provided by or obtained from the owner of the property or from sources that we deem reliable. Though we have no reason to doubt the validity of the information, we do not warrant any information disclosed. IT IS STRONGLY URGED THAT THE PROSPECTIVE PURCHASER CAREFULLY VERIFY EACH ITEM OF SIZE, RE TAXES, PERMITTED LEGAL USE, AND ALL OTHER INFORMATION PRESENTED HEREIN.
GUY R
107-03
®
GUY R BREWER
BOULEVARD
For sale | mixed-use building | Jamaica, NY 11433 RENT ROLL
Floor
Use
Tenant
BR
SF
Lease Expiration
Actual PPSF
Actual Monthly Rent
Actual Annual Rent
Projected PPSF
Projected Monthly Rent
Projected Annual Rent
Ground Floor
Retail
N/A
N/A
700
Month to Month
$14
$800
$9,600
$22
$1,300
$15,600
Ground Floor
Residential
Apartment
1
700
2018
$21
$1,250
$15,000
-
-
-
2nd Floor
Residential
Apartment
1
700
2018
$21
$1,250
$15,000
-
-
-
2nd Floor
Residential
Apartment
2
800
2018
$26
$1,700
$20,400
-
-
-
$5,000
$60,000
Revenue Commercial Income
$9,600
Residential Income
$50,400
Gross Annual Income
$60,000
107-03
GUY R BREWER
BOULEVARD
Expenses Real Estate Taxes (16/17)
$3,122
Water/Sewer
$3,600
Insurance
$1,200
Heat & Hot Water
$4,160
Repairs & Maintenance
$1,512
Management
$1,980
Total Expenses
$15,574
Summary Net Operating Income (NOI)
$44,426
Capitalization Rate (Actual)
6.4%
Price Per Square Foot
$217
ASKING PRICE: $695,000 For Further Information, Please Contact Exclusive Sales Team: Lawrence Sarn Managing Director (718) 935-1821 [email protected]
Chase Reiter Associate (718) 687-4233 [email protected]
CPEX REAL ESTATE | 81 WILLOUGHBY STREET, 8TH FL | BROOKLYN, NY 11201 | TEL: (718) 935-1800 | FAX: (718) 935-1822 | WWW.CPEXRE.COM All information contained herein was provided by or obtained from the owner of the property or from sources that we deem reliable. Though we have no reason to doubt the validity of the information, we do not warrant any information disclosed. IT IS STRONGLY URGED THAT THE PROSPECTIVE PURCHASER CAREFULLY VERIFY EACH ITEM OF SIZE, RE TAXES, PERMITTED LEGAL USE, AND ALL OTHER INFORMATION PRESENTED HEREIN.
