$5,500,000
170-14 89th Avenue
Jamaica, NY 11432
—
Beds
—
Baths
—
Square feet
2019
Built
Listing narrative
Description
Excellent investment opportunity in the heart of Jamaica! This 4-year-old, 10-unit building benefits from approximately 31 years remaining on a 35-year tax abatement. The unit mix includes three 1-bedroom duplex apartments with an additional room and one bathroom each, plus seven 1-bedroom, 1-bathroom apartments. Located just two blocks from Hillside Avenue and approximately a 3-minute walk to the subway. The building’s newer construction helps keep maintenance costs low. The landlord pays only for water, while tenants are responsible for electricity, hot water, heating, and cooling. A compelling investment opportunity with convenient transit access, long-term tax benefits, and low owner-paid operating expenses.
Property Details
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Price
$5,500,000
Beds
Beds n/a
Type
Commercial
MLS subtype
Multi Family
Home Size
Sqft n/a
Baths
Baths n/a
Lot Size
2,500 sqft
Year
2019
Status
New
Days on Market
1
Courtesy of E Realty International Corp





