170-14 89th Avenue, Jamaica, NY 11432
- $5,500,000
- List Price
- $5,500,000
- Days on Market
- 0
- MLS#
- 1065926
- Number Of Families
- 10
- Status
- ACTIVE
- Lot Size
- 2500
Property Description
Excellent investment opportunity in the heart of Jamaica! This 4-year-old, 10-unit building benefits from approximately 31 years remaining on a 35-year tax abatement. The unit mix includes three 1-bedroom duplex apartments with an additional room and one bathroom each, plus seven 1-bedroom, 1-bathroom apartments. Located just two blocks from Hillside Avenue and approximately a 3-minute walk to the subway. The building’s newer construction helps keep maintenance costs low. The landlord pays only for water, while tenants are responsible for electricity, hot water, heating, and cooling. A compelling investment opportunity with convenient transit access, long-term tax benefits, and low owner-paid operating expenses.
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Additional Information
- Year Built
- 2019
- School District
- Contact Agent
- Total Taxes
- 2911
- Heating
- Electric
- Parking
- Off Street
- Basement
- Finished
- Water
- Public
- Sewer
- Public Sewer
- Taxes
- $2,911
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Listing courtesy of Listing Agent: Liang Liu (lliu.realtor.ny@gmail.com) from Listing Office: E Realty International Corp.
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.