170-14 89th AVE, Jamaica, NY 11432
170-14 89th AVE, Jamaica, NY 11432
170-14 89th AVE, Jamaica, NY 11432
170-14 89th AVE, Jamaica, NY 11432
170-14 89th AVE, Jamaica, NY 11432
170-14 89th AVE, Jamaica, NY 11432
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Thomas "Chopper" Russo

Thomas "Chopper" Russo

+1(201) 240-5200
$ 5,500,000
Est. payment | /mo

2,500 Sqft Lot

Save
$ 5,500,000
Est. payment | /mo
Save

2,500 Sqft Lot

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1065926

Rental Info No

Year Built 2019

Annual Tax Amount $2,911

Lot Size 2,500 Sqft

Acres 0.0574

Property Sub-Type Multi Family

Source onekey2

Property Description

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 building'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.

Location

State NY

County Queens

Rooms

Basement Finished

Interior

Heating Electric

Cooling Electric

Fireplace No

Exterior

Parking Features Off Street

Utilities Available Electricity Available

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

High Schools Contact Agent

School District Contact Agent

Others

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by E Realty International Corp • Liang Liu
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Thomas "Chopper" Russo

Thomas "Chopper" Russo

Broker Associate

+1(201) 240-5200

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170-14 89th AVE

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