FOR SALE
$1,750,000
116 14 Myrtle Avenue, Richmond Hill, NY 11418
5,100 SF
Square Feet
$343
PPSF
Property Description
- Property is ideal for a medical-user, professional use, religious facility, or other commercial use.
- Currently used as a radiology center; equipment can be sold with the property or removed by owner. List to be provided upon request.
- There is a ramp in the rear and all the bathrooms are ADA compliant.
- Includes a renovated one-bedroom apartment with separate entrance from the rear of property.
- Ideally located – near Forest Park & the Van Wyck Expressway, only four blocks to the J & Z trains at 121st Street Station
Property Details
Asset Type
Office
Zoning
R6B, C2-4
Lot Size
5,000 SF
Neighborhood
Richmond Hill
Submarket
Richmond Hill
ZIP
11418
Listing Type
sale
Offering Memorandum
30 years
10 years
Net Operating Income (NOI)
$0
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)
-$99,551
Cash-on-Cash Return
-22.75%
Monthly Debt Service
$8,296
Annual Debt Service
$99,551
View on Map
Address
116 14 Myrtle Avenue
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Richmond Hill Office Market Snapshot
Boundary boundary · Office · Sale
No investors found in this market.
