87-18 168th Place, Queens, New York, 11432

87-18 168th Place
Queens NY 11432

Cross street:Highland Avenue

Building

Type:Townhouse
Era:Pre-war
Floors:4

Property

Ownership: Multi-Family
Rooms: 28
Bedrooms: 12 BR
Bathrooms: 8
Pets: Pets Unknown

Financials

Price: $3,200,000
47-44 Vernon Blvd, Long Island City, NY 11101
Courtesy of The Corcoran Group

Description

Showings By Appointment Only Extraordinary opportunity to own an ultra-rare, four (4) dwelling building in the heart of Jamaica Hills, located at 87-18 168th Place. This is the only four (4) multi-family in Jamaica Hills built with four income-generating units. Situated around the corner of Hillside Avenue and express subways to Manhattan, this powerful property is capable of generating approximately $12,500/month rental revenue. The semi-detached, full brick building consists of four levels with one full residence per level. Each residence is a spacious 3BR/2BA equipped with en-suite bathrooms in the master bedroom, cozy living/dining room, full-size kitchen and appliances, abundant closet space, and balcony. Residents enjoy sun-drenched eastern and western exposures throughout the home. Separate boilers, gas, and electric meters make it easy for tenants to pay their own utilities. The front yard accommodates 2 car parking with additional 4 car parking on the side yard. The massive backyard is wonderful for entertaining and summer barbecues. Building size is 22x45 on a 31x100 lot. R4A Zoning. Low annual taxes at $9,543. Currently fully-rented. Ground unit can be a community facility such as healthcare or daycare. Public transportation to Manhattan - F express subway line and buses – is on 169th Street and Hillside Avenue, where one also finds a dazzling array of restaurants, food shopping, department stores, cinema, fitness centers, and other conveniences. The famous Jamaica Estates, Queens Public Library, Captain Tilly Park, King Manor Museum, St. Johns University, and other schools are a short walk away. Easy access to JFK/Laguardia Airports via Grand Central Parkway and Van Wyck Expressway. 10 minutes to LIRR and E/J/Z subway at Jamaica Center. 87-18 168th Place, Jamaica Hills

Amenities

Driveway;

  • Walk-up

Neighborhood

More listings:

Showings By Appointment Only Extraordinary opportunity to own an ultra rare, four 4 dwelling building in the heart of Jamaica Hills, located at 87 18 168th Place.

Description

Showings By Appointment Only Extraordinary opportunity to own an ultra-rare, four (4) dwelling building in the heart of Jamaica Hills, located at 87-18 168th Place. This is the only four (4) multi-family in Jamaica Hills built with four income-generating units. Situated around the corner of Hillside Avenue and express subways to Manhattan, this powerful property is capable of generating approximately $12,500/month rental revenue. The semi-detached, full brick building consists of four levels with one full residence per level. Each residence is a spacious 3BR/2BA equipped with en-suite bathrooms in the master bedroom, cozy living/dining room, full-size kitchen and appliances, abundant closet space, and balcony. Residents enjoy sun-drenched eastern and western exposures throughout the home. Separate boilers, gas, and electric meters make it easy for tenants to pay their own utilities. The front yard accommodates 2 car parking with additional 4 car parking on the side yard. The massive backyard is wonderful for entertaining and summer barbecues. Building size is 22x45 on a 31x100 lot. R4A Zoning. Low annual taxes at $9,543. Currently fully-rented. Ground unit can be a community facility such as healthcare or daycare. Public transportation to Manhattan - F express subway line and buses – is on 169th Street and Hillside Avenue, where one also finds a dazzling array of restaurants, food shopping, department stores, cinema, fitness centers, and other conveniences. The famous Jamaica Estates, Queens Public Library, Captain Tilly Park, King Manor Museum, St. Johns University, and other schools are a short walk away. Easy access to JFK/Laguardia Airports via Grand Central Parkway and Van Wyck Expressway. 10 minutes to LIRR and E/J/Z subway at Jamaica Center. 87-18 168th Place, Jamaica Hills

Amenities

Driveway;

  • Walk-up

Neighborhood

More listings:

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.