87-87 144 Street Jamaica, NY 11435

Single Family Attached MLS #: 855960 Courtesy Of Telemundo Realty Corp

Property InformationDescription

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.

Features

  • Age: 6-10 Years Old
  • Amenities: Security System
  • Appliance: Microwave
  • Appliance: Dryer
  • Architecture Style: Other
  • Building Units: 8
  • Cooling System: Window Unit(s)
  • Cooling System: Multi Units
  • Cooling System: Wall/Window Unit(s)
  • Exterior Type: Brick
  • Floor Covering: Hardwood
  • Heating System: Electric (Heating)
  • MLSID: 855960
  • Parking Spaces: 2
  • Rooms: Basement

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87-87 144 Street, Jamaica, NY 11435
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