Jamaica Real Estate

170-14 89th Avenue, Jamaica, NY 11432

[Jamaica Real Estate, listing number 7355929]



Description: 7355929
   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 buildingâ??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.

Details:
   Families: 10
   Property Type: House
   Acres: 0.06
   Built: 2019
   School District: Contact Agent

Financials:
   Price: $5,500,000
   Taxes: $2,911

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