87-87 144 Street, Jamaica, NY, 11435
$3,997,000
Multi Family
Commercial
Details
ML#: 855960
- # of Families: 8
- Sale or Rent:Sale
- Year Built: 2018
- Taxes: $27,175
- Status:Active
Description
Prime 8-Unit Investment Property – 87-87 144th Street, Jamaica, Queens. 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.
More Property Details
Parking Spaces: Yes
Parking Spaces: 2
Parking Facilities: On Street, Private
Stories: 4
Heat: Electric
A/C: Multi Units, Wall/Window Unit(s)
Water: Public
Sewer: Public Sewer
Taxes: $27,175
Listing Information provided courtesy of
Telemundo Realty Corp
718-205-3737