Introducing an Excellent Investment Opportunity in one of Queens’ most vibrant and established residential neighborhoods. This well-maintained three-story semi-detached brick walk-up features 8 residential units and offers approximately 4,380 square feet of living space on a 24x125 lot with R6A zoning. Built in 1970, the property consists of six one-bedroom apartments and two studio apartments, all rent-stabilized and fully occupied with established tenants, providing steady and reliable cash flow with future upside potential through continued rent growth in a strong rental market. Situated just two blocks away from Hillside avenue, the property is within minutes to supermarkets, restaurants, shopping, laundromats, and other neighborhood essentials, making it a highly desirable address for tenants. Public transportation is easily accessible, including the E and F subway lines at 169th Street, along with multiple bus routes offering convenient access throughout Queens and Manhattan. This is an exceptional opportunity for investors seeking a stable, income-producing asset with long-term appreciation potential in a prime Queens location. Call today for additional information!
| MLS # | 1003860 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1970 |
| Days On Site | 105 |
| Listing Provided By | Voro LLC | Sanjeev Thapar |
| SQ Feet | 4,380 |
|---|---|
| Basement | Y |
| Story(s) | 3 |
| Units | 8 |
| Building(s) | 1 |
| Zoning | R6A |
| Acreage | 0.07 |
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Baseboard |
| Construction Materials | Brick |
|---|---|
| Lot Features | Back Yard, Near Public Transit, Near School, Near Shops |
| Parking Features | Driveway, On Street, Open |
|---|
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2026 |
|---|---|
| Tax Assessed Value | 346500 |
| Tax Annual Amount | 38218 |
| Tax Lot | 47 |
| State | NY |
|---|---|
| County | Queens |
| City | Jamaica |
| Zip Code | 11432 |
| School District | Contact Agent |
| Elementary School | Ps 95 Eastwood |
| High School | Contact Agent |
| Listing VS Median (in 11432) | |
Price: $1,199,000 low | high Med: $394,500 sqft: 4,380 low | high Med: 1,088 $ / sqft: $274 low | high Med: $369 On site: 105 low | high Med: 88.5 | |
| State | NY |
|---|---|
| County | Queens |
| City | Jamaica |
| Zip Code | 11432 |
| School District | Contact Agent |
| Elementary School | Ps 95 Eastwood |
| High School | Contact Agent |
| Listing VS Median (in 11432) | |
Price: $1,199,000 low | high Med: $394,500 sqft: 4,380 low | high Med: 1,088 $ / sqft: $274 low | high Med: $369 On site: 105 low | high Med: 88.5 | |