$4,200,000
16411 Highland Avenue
Jamaica, NY 11432
—
Beds
—
Baths
—
Square feet
2018
Built
Listing narrative
Description
Turnkey 12-unit investment opportunity in Queens! Built approximately four years ago, 164-11 Highland Avenue generates over $30,000 per month in gross income, with strong rent collections, minimal operating expenses and exceptionally low property taxes. Producing an approximate $300,000 NOI and offered at approximately a 7% cap rate, this modern, stabilized multifamily asset delivers immediate cash flow with low-maintenance ownership.
Property Details
Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.
Price
$4,200,000
Beds
Beds n/a
Type
Commercial
MLS subtype
Multi Family
Home Size
Sqft n/a
Baths
Baths n/a
Lot Size
0.17 acres
Year
2018
Status
For Sale
Days on Market
54
Courtesy of Real Broker NY LLC





