Property
| Ownership: | For Sale |
|---|---|
| Type: | Multi-Family |
| Bedrooms: | Studio |
| Pets: | Pets No |
Financials
DescriptionPrime 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.
Amenities- Balcony
- Dryer
- Electricity Connected
- Fire Sprinkler System
- Laundry
- Microwave
- Sewer Connected
- Smoke Detectors
- Video Cameras
- Water Connected
- Window Bars
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.
- Balcony
- Dryer
- Electricity Connected
- Fire Sprinkler System
- Laundry
- Microwave
- Sewer Connected
- Smoke Detectors
- Video Cameras
- Water Connected
- Window Bars
Prime 8 Unit Investment Property Jamaica, Queens 87 87 144th Street Asking 4, 350, 000 Cap Rate 6.
DescriptionPrime 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.
Amenities- Balcony
- Dryer
- Electricity Connected
- Fire Sprinkler System
- Laundry
- Microwave
- Sewer Connected
- Smoke Detectors
- Video Cameras
- Water Connected
- Window Bars
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.
- Balcony
- Dryer
- Electricity Connected
- Fire Sprinkler System
- Laundry
- Microwave
- Sewer Connected
- Smoke Detectors
- Video Cameras
- Water Connected
- Window Bars
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.
