Apartment Buildings /NY /Queens County /Jamaica /89-14 S Conduit Ave
Apartment Buildings /NY /Queens County /Jamaica /89-14 S Conduit Ave

89-14 S Conduit Ave - Apartments FOR SALE


Jamaica, NY 11414 | 
$1,095,000 USD
646-502-3483
89-14 S Conduit Ave, Jamaica, NY for Sale
$1,095,000 USD
Apartments - FOR SALE
1/2
null | 6.4% Cap Rate
VIEW MAP
GET DIRECTIONS

89-14 S Conduit Ave
Jamaica, NY 11414

VIEW MAP
GET DIRECTIONS

HIGHLIGHTS

  • 2 free market units; remaining 4 units can be converted to free market after recent expiration of 15-year 421-a tax abatement
  • Full basement with separate access for storage potential
  • Near major highways, Resorts World, JFK Airport
  • Ideal long-term investment or 1031 exchange opportunity

OVERVIEW

Fully occupied, standalone 6-unit walk-up building with onsite parking.

FOR SALE DETAILS

PRICE

$1,095,000 USD

PRICE/SF

$160 USD /SF

# OF UNITS

6

PRICE/UNIT

$182,500

CAP RATE

6.4%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2005

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,563 SF

ZONING

R5

APN/PARCEL ID

11421-0007

ASK ABOUT THIS PROPERTY

Eugene KimMeridian Capital Group, LLCMore Info
646-502-3483

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

Eugene KimMeridian Capital Group, LLCMore Info
646-502-3483

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

800-613-1303800-613-1303SitemapSitemapAdd a ListingTerms of UseCRE InformationPrivacy Policy
Copyright © 1997-2025 CoStar Realty Information, Inc.