| Description: 7362171 |
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Prime Jamaica investment â?? fully occupied 10-unit elevator building, built in 2022. Current rent roll: $27,404.70/month ($328,856.40/year). Approximately 31 years remain on a 35-year tax abatement, keeping property taxes at just $2,911/year. Unit mix: three 1-bedroom duplexes with an extra room, plus seven 1-bedroom, 1-bath apartments. Minimal owner expenses â?? the landlord pays water only; tenants cover electricity, hot water, heating, and cooling. Just two blocks from Hillside Avenue and a 3-minute walk to the F train. Newer construction, low operating costs, and long-term tax benefits â?? a turnkey income property in the heart of Jamaica. |
Details: |
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Families: |
10 |
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Property Type: |
House |
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Built: |
2022 |
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School District: |
Queens 29 |
Financials: |
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Price: |
$5,500,000 |
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Taxes: |
$2,911 |
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