16411 Highland AVE, Jamaica, NY 11432
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Thomas "Chopper" Russo

Thomas "Chopper" Russo

+1(201) 240-5200
$ 4,300,000
Est. payment | /mo

7,501 Sqft Lot

Save
$ 4,300,000
Est. payment | /mo
Save

7,501 Sqft Lot

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1044036

Rental Info No

Year Built 2018

Annual Tax Amount $3,694

Lot Size 7,501 Sqft

Acres 0.1722

Property Sub-Type Multi Family

Source onekey2

Property Description

Turnkey 12-unit investment opportunity in Queens! Built approximately four years ago, 164-11 Highland Avenue generates over $30,000 per month in gross income, with strong rent collections, minimal operating expenses and exceptionally low property taxes. Producing an approximate $300,000 NOI and offered at approximately a 7% cap rate, this modern, stabilized multifamily asset delivers immediate cash flow with low-maintenance ownership.

Location

State NY

County Queens

Rooms

Basement Full

Interior

Heating Natural Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features Other

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected

Building

Sewer Public Sewer

Water Public

Structure Type Unknown

Schools

High Schools Queens 28

School District Queens 28

Others

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Real Broker NY LLC • Monica Soyemi
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Thomas "Chopper" Russo

Thomas "Chopper" Russo

Broker Associate

+1(201) 240-5200

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16411 Highland AVE

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