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88-34 161st Street - Aftab Tower, Jamaica, NY

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88-34 161st Street - Aftab Tower

Jamaica, NY 11432 - Jamaica MF Submarket

Property Type:Multi-Family Number of Units:80 Status:Existing Year Built:2006
Stories:10 Building Size:83,100 SF Land Area:.3 AC (12,994 SF)
For Sale Price:$25,000,000 Price/Unit:$312,500.00 Cap Rate:5.00 % GRM:-


Sale Notes:
The property is a 11-story luxurious elevator service apartment building. Consist of 80 units - 67 two bedroom, 13 one bedroom, 1 community facility, 26 indoor parking spaces, 36 outdoor parking, 2 handicapped parking and 1 community facility parking. The property has 10 years tax abatement left.
Great location, near subway and 100% tenant occupied.

Hillside Executive Realty
Zaman Majumder
(718) 262-0205

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