1. New York
2. Jamaica
3. 87-87 144 Street

87-87 144 Street, Jamaica, NY 11435

• 6,201 sqft

Property Description

Prime 8-Unit Investment Property – Jamaica, Queens 87-87 144th Street | Asking: $4,350,000 | Cap Rate: 6.21% Modern 4-story building + finished cellar built in 2018, featuring 8 units (7 one-bedrooms + 1 duplex with basement and backyard). High 9' ceilings throughout, quality construction (fireproof masonry & steel) coin-operated laundry in basement. Gross rental income approx. $300,340/year with net income of $270,590. Units feature granite kitchens, stainless steel appliances, and modern finishes. Located steps from the F train at Sutphin Blvd, close to JFK Airport, Jamaica Hospital, Van Wyck Expwy, and minutes to Northern Queens and Nassau County. Great opportunity for long-term cash flow in a growing area.

Listing Status:

Active

Listing Office:

Telemundo Realty Corp : 718-205-3737

MLS ID:

855960

Interior

• Appliances: DryerMicrowave
• Basement: FinishedFull
• Flooring: Hardwood
• A/C: Multi UnitsWall/Window Unit(s)
• Heating: Electric

Exterior

Location

Utilities

Financial

This listing courtesy of Telemundo Realty Corp