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.
Listing By
Agency Name: E Realty International Corp
Agency Contact: 718-886-8110
Shown By
Agent Name: Tyese Illery
Agent Phone:
Agency Title: Century21 American Homes
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170-14 89th Avenue | MLS# 1065926
This commercial property located at 170-14 89th Avenue, Jamaica, NY 11432 is currently listed for sale with an asking price of $5,500,000. 170-14 89th Avenue is located within the Contact Agent school district. Search Jamaica real estate on tyeseillery.century21americanhomes.com today.