16411 Highland Avenue, Jamaica, NY 11432
- $4,300,000
- List Price
- $4,300,000
- Days on Market
- 1
- MLS#
- 1044036
- Number Of Families
- 12
- Status
- ACTIVE
- Lot Size
- 7500
Property Description
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.
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Additional Information
- Year Built
- 2018
- School District
- Queens 28
- Total Taxes
- 3694
- Heating
- Natural Gas
- Parking
- Other
- Basement
- Full
- Water
- Public
- Sewer
- Public Sewer
- Taxes
- $3,694
Mortgage Calculator
Listing courtesy of Listing Agent: Monica Soyemi (monicasoyemi@gmail.com) from Listing Office: Real Broker NY LLC.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.