Description
Prime Investment Opportunity – Two Fully Renovated 3-Family Properties in Downtown Jamaica, Queens. Introducing a rare opportunity to acquire two adjacent legal three-family homes in the heart of Downtown Jamaica, one of Queens’ fastest-growing neighborhoods. Located at 155-20 and 155-18, these all-brick properties sit side by side, with one occupying a prime corner lot. These properties can be sold as a package or separately. Both properties have been completely gut-renovated and will be delivered with brand-new Certificates of Occupancy, offering peace of mind and long-term value for investors or end users. Property Highlights: Two Legal 3-Family Homes – Sold together or separately. Corner property (155-20): First floor features a spacious 4-bedroom apartment; upper floor offers two seperate 2-bedroom/1-bath layouts. Adjacent property (155-18): First floor features a 3-bedroom apartment; upper floor also offers two seperate 2-bedroom/1-bath layouts. Nearly 5, 000 SF per building (including full oversized basements with O.S.E.). All-brick construction with timeless curb appeal. Fully paved, oversized backyard – ideal for private parking, a highly desirable feature in this area. Modern, turnkey renovations throughout with high-quality finishes. Location Advantages: Situated in Downtown Jamaica, an area undergoing tremendous revitalization and development Surrounded by retail, restaurants, schools and community amenities. Excellent transportation access: close to subways, LIRR, Airtrain to JFK and major bus lines, ensuring seamless connectivity across NYC and to JFK Airport. This is a unique chance to own side-by-side, fully renovated multi-family properties in a prime growth corridor of Queens. Whether you are an investor seeking strong rental income in a high-demand market or an end-user looking to occupy one unit while generating rental revenue from the others, these properties deliver both immediate returns and long-term upside.Property Highlights: Two Legal 3-Family Homes – Sold together or separately.Corner property (155-20): First floor features a spacious 4-bedroom apartment; upper floor offers two seperate 2-bedroom/1-bath layoutsAdjacent property (155-18): First floor features a 3-bedroom apartment; upper floor also offers two seperate 2-bedroom/1-bath layoutsNearly 5, 000 SF per building (including full oversized basements with O.S.E.). All-brick construction with timeless curb appealFully paved, oversized backyard – ideal for private parking, a highly desirable feature in this area. Modern, turnkey renovations throughout with high-quality finishesLocation Advantages: Situated in Downtown Jamaica, an area undergoing tremendous revitalization and development Surrounded by retail, restaurants, schools and community amenities. Excellent transportation access: close to subways, LIRR, Airtrain to JFK and major bus lines, ensuring seamless connectivity across NYC and to JFK Airport.This is a unique chance to own side-by-side, fully renovated multi-family properties in a prime growth corridor of Queens. Whether you are an investor seeking strong rental income in a high-demand market or an end-user looking to occupy one unit while generating rental revenue from the others, these properties deliver both immediate returns and long-term upside.
More Property Details
Bedroom: 7
Full Bath: 3
Lot Size: 0.1162
Lot Sq Ft: 2300
Parking Spaces: Yes
Parking Facilities: Off Street, Private
Heat: Natural Gas
A/C: Electric
Water: Public
Sewer: Public Sewer
Taxes: $1,925