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Jamaica, NY 11435 87-87 144 Street

  • MLS# 855960
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  • SQFT • 6,201

Home Details

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.

Interior Features for 87-87 144 Street

Other Interior Features

BasementFinished, Full

General for 87-87 144 Street

Building Area UnitsSquare Feet
Number Of Units Total8

Additional Details

Price History

Gregory Berkowitz

Licensed Real Estate Salesperson
Price $4,350,000
MLS#855960
Property Type Commercial
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