NY > Jamaica
Jamaica, NY 11435,87-87 144 Street
$4,350,000
Est. payment /mo
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87-87 144 Street Jamaica, NY 11435

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Jonathan Greene

Jonathan Greene

+1(973) 873-0734

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEY855960

Originating Board onekey2

Rental Info No

Year Built 2018

Annual Tax Amount $27,175

Property Sub-Type Multi Family

Property Description

Prime 8-Unit Investment Property – Jamaica, Queens
87-87 144th Street | Asking: $4,350,000 | Cap Rate: 6.21%

Modern 4-story building + finished cellar built in 2018, featuring 8 units (7 one-bedrooms + 1 duplex with basement and backyard). High 9' ceilings throughout, quality construction (fireproof masonry & steel) coin-operated laundry in basement.

Gross rental income approx. $300,340/year with net income of $270,590. Units feature granite kitchens, stainless steel appliances, and modern finishes.

Located steps from the F train at Sutphin Blvd, close to JFK Airport, Jamaica Hospital, Van Wyck Expwy, and minutes to Northern Queens and Nassau County.

Great opportunity for long-term cash flow in a growing area.

Location

State NY

County Queens

Rooms

Basement Finished, Full

Interior

Heating Electric

Cooling Multi Units, Wall/Window Unit(s)

Flooring Hardwood

Fireplace No

Appliance Dryer, Microwave

Exterior

Parking Features On Street, Private

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Total Parking Spaces 2

Building

Story 4

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Special Listing Condition None

Listed by Telemundo Realty Corp

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agent

Jonathan Greene

Team Leader | License ID: 1433604

+1(973) 873-0734

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87-87 144 Street

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