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About the Listing TEL01 - 114415,203113
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.
Listing Highlights for 87-87 144 St
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances: Dryer, Gas Range, Microwave
- Air Cond: Multi Units,Wall/Window Unit(s)
- Heating: Electric
- Fireplaces:
- Floor: Hardwood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished,Full
- Other:
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: N/A
- Parking Spaces: 2
- Roof:
- Others: New Construction
- Sewer: Public Sewer
- Parking Features: On Street,Private
Financial Details
- Tax Amount: $27,175
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
87-87 144 St Jamaica, NY 11435
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