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Listed price in listed location currency (USD).
$3,997,000

002

MLS® 855960

Overview

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $27,175
Days Active 301
Approx. Age 2018
MLS® Number 855960

Property Address: 87 144th St, Jamaica, NY, 11435-3256

Average square foot calculated using Size range provided by listing agent.

Description

Prime 8-Unit Investment Property – 87-87 144th Street, Jamaica, Queens. | Asking: $4, 350, 000 | Cap Rate: 6.21% Modern 4-story building + finished cellar built in 2018, featuring 8 units (7 one-bedrooms + 1 duplex with basement and backyard). High 9' ceilings throughout, quality construction (fireproof masonry & steel) coin-operated laundry in basement. Gross rental income approx. $300, 340/year with net income of $270, 590. Units feature granite kitchens, stainless steel appliances, and modern finishes. Located steps from the F train at Sutphin Blvd, close to JFK Airport, Jamaica Hospital, Van Wyck Expwy, and minutes to Northern Queens and Nassau County. Great opportunity for long-term cash flow in a growing area.
MLS® Number855960
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2018
Stories4
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 1, 2025List Date
$3,997,000List Price

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