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Jamaica NY, 11434 $3,750,000

Multi Family For Sale 16 Beds , 8 Full Bath , 8387 SqFt 

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Details ML#: 3524353  

  • Style: Contemporary
  • # of Families: 8
  • Year Built: 2024
  • Taxes: $21,000
  • Status:Active

Description

Attention all investors, this is your chance to own a BRAND NEW BUILDING in Jamaica, Queens! 129-24 Merrick Blvd. features 4 floors, and 8 apartments with a 9% Cap Rate. The building will be delivered with full occupancy, with CITYFHEPS tenants and leases. Each unit features an open layout concept with two bedrooms, 1 bathroom, a kitchen with brand-new stainless steel appliances, and a living/dining room. Don’t miss out on this exceptional opportunity to own a new building with substantial income potential.

More Property Details

Room Information

Bedroom: 16   Full Bath: 8  

Property Features

New Construction: Yes   Building Size: 47X48   Lot Size: 0.1   Lot Sq Ft: 4145   Approx. Int. Sq. Ft.: 8387.00   Garage: 0.0   Parking Spaces: Yes   Parking Facilities: Private, Driveway  

Appliances & Utilities

Heat: Electric   A/C: Central Air   Water: Public   Sewer: Sewer  

Financial

Taxes: $21,000  

Local Area Information

School District#: 29   Zoning: R5D, R3X, C2-3   Block: 12538   Lot: 1  

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