15520 Tuskegee Airmen Way - Specialty FOR SALE


Jamaica, NY 11433
$1,900,000 USD
646-261-6430
15520 Tuskegee Airmen Way, Jamaica, NY for Sale
$1,900,000 USD
Specialty - FOR SALE
1/2
null | Request Cap Rate

15520 Tuskegee Airmen Way
Jamaica, NY 11433


OVERVIEW

Prime Investment Opportunity – Two Fully Renovated 3-Family Properties in Downtown Jamaica, Queens. Introducing a rare opportunity to acquire two adjacent legal three-family homes in the heart of Downtown Jamaica, one of Queens’ fastest-growing neighborhoods. Located at 155-20 and 155-18, these all-brick properties sit side by side, with one occupying a prime corner lot. These properties can be sold as a package or separately. Both properties have been completely gut-renovated and will be delivered with brand-new Certificates of Occupancy, offering peace of mind and long-term value for investors or end users. Property Highlights: Two Legal 3-Family Homes – Sold together or separately. Corner property (155-20): First floor features a spacious 4-bedroom apartment; upper floor offers two seperate 2-bedroom/1-bath layouts. Adjacent property (155-18): First floor features a 3-bedroom apartment; upper floor also offers two seperate 2-bedroom/1-bath layouts. Nearly 5,000 SF per building (including full oversized basements with O.S.E.). All-brick construction with timeless curb appeal. Fully paved, oversized backyard – ideal for private parking, a highly desirable feature in this area. Modern, turnkey renovations throughout with high-quality finishes. Location Advantages: Situated in Downtown Jamaica, an area undergoing tremendous revitalization and development Surrounded by retail, restaurants, schools and community amenities. Excellent transportation access: close to subways, LIRR, Airtrain to JFK and major bus lines, ensuring seamless connectivity across NYC and to JFK Airport. This is a unique chance to own side-by-side, fully renovated multi-family properties in a prime growth corridor of Queens. Whether you are an investor seeking strong rental income in a high-demand market or an end-user looking to occupy one unit while generating rental revenue from the others, these properties deliver both immediate returns and long-term upside.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$586 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,366 SF

ZONING

R5D

APN/PARCEL ID

10123-0009

ASK ABOUT THIS PROPERTY

Mitch SlavuterPrime RealtyMore Info
646-261-6430

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Mitch SlavuterPrime RealtyMore Info
646-261-6430

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.