16230 86th Ave - Apartments FOR SALE


Jamaica, NY 11432- Jamaica Hills
$2,400,000 USD
917-324-5428
16230 86th Ave, Jamaica, NY for Sale
$2,400,000 USD
Apartments - FOR SALE
1/7
null | 7% Cap Rate

16230 86th Ave
Jamaica, NY 11432
Jamaica Hills


HIGHLIGHTS

  • Near Captain Tilly Park.

OVERVIEW

This is a multi family solid brick property consisting of nine Apartments with oversized living rooms, and bedrooms, Kit, full bath, in highly sought after Jamaica Hills, with endless possibilities. Excellent condition, wood floors,7 y/o roof, energy efficient Plumbing upgrades, 2 y/o Navien Heating system. Tenants pay own cooking gas and electric. Income producing rented: 6 car parking space, Plus Det. 2 car garage.Walking distance to E & F trains, 3 blocks Queens Hospital, St. John's university, Hillcrest HS, GCP. Walk to restaurants, shopping, Places of worship, Q64 bus in front of the building! Seller prefers Cash offer with POF or 1031 exchange or 30% downpayment with pre-approval. Available for viewing!

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$385 USD /SF

# OF UNITS

9

PRICE/UNIT

$266,667

CAP RATE

7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1931

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,546 SF

ZONING

R4A

APN/PARCEL ID

09777-0016

ASK ABOUT THIS PROPERTY

Bridget AllimUnique Service RealtyMore Info
917-324-5428

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Bridget AllimUnique Service RealtyMore Info
917-324-5428

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