16411 Highland Ave
queens, NY 11432$4,200,000
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Turnkey 12-unit investment opportunity in Queens! Built approximately four years ago, 164-11 Highland Avenue generates over $30,000 per month in gross income, with strong rent collections, minimal operating expenses and exceptionally low property taxes. Producing an approximate $300,000 NOI and offered at approximately a 7% cap rate, this modern, stabilized multifamily asset delivers immediate cash flow with low-maintenance ownership.
Details
12,844 Sq Ft
7,500 Sq Ft Lot Size
commercial
$308 Monthly Tax
Built in 2018
MLS/Listing ID 1044036
12 Units
Amenities & Features
Public Water
Cooling - Central Air
Heating - Natural Gas
Public Sewer
Estimate my mortgage
TOTAL MONTHLY COST
$0
- PRINCIPAL & INTEREST
$0
- PROPERTY TAXES
$0
- Common Charges
$0
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