Garden City real estate for sale in Garden City

90-22 179th Street, Jamaica, NY 11432

[Jamaica Real Estate, listing number 7338902]



Description: 7338902
   INVESTOR OPPORTUNITY IN PRIME JAMAICA! This income-producing property is fully tenant-occupied and currently generates nearly $10,000 per month in gross rental income. Established long-term tenants are currently on month-to-month leases with rents close to current market levels, offering an excellent opportunity for an investor looking to add a strong income-producing asset to their portfolio. The property features a finished full basement with walk-out access, shared driveway, and parking in the rear. Solar panels are leased through Sunrun at $128 per month plus applicable taxes with ACH autopay. Seller intends to transfer the lease to the buyer at closing, subject to Sunrun approval. Conveniently located near Hillside Avenue with easy access to shopping, restaurants, public transportation, major roadways, and neighborhood amenities. A rare opportunity to acquire an established rental property with immediate income in a highly convenient Queens location. Rent roll and additional financial information available upon request.

Details:
   Families: 4
   Bedrooms: 7
   Bathrooms: 4
   Property Type: House
   Acres: 0.06
   Built: 1925
   School District: Queens 29

Financials:
   Price: $1,099,999
   Taxes: $7,062