87-87 144 St

queens, NY 11435

$4,350,000

    INTERESTED? LET'S CONNECT

    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.

    Details

    6,201 Sq Ft

    Commercial

    $27,175 Annual Tax

    Built in 2018

    MLS/Listing ID 855960

    8 Units

    Amenities & Features

    Dryer

    Microwave

    Parking - On Street

    Heating - Electric

    Parking - Private

    Hardwood

    Cooling - Wall/window unit(s)

    Cooling - Multi-split AC

    Construction - Brick

    Listing Courtesy of TELEMUNDO REALTY CORP, GLADYS RAMIREZ - 347-351-5846

    ONEKEY

    Source of Data: ONEKEY MLS

    Interested in 87-87 144 St?