135-04 102nd Avenue, Richmond Hill S., NY 11419
sale
$3,499,999
|
Single Family Attached
Courtesy Of eXp Realty
Built in 2020, this modern seven-unit free market building offers investors a rare opportunity to acquire a turnkey property in the heart of Queens. Constructed with reinforced concrete for long-term durability and minimal maintenance, the building is fully occupied with excellent tenants who each pay their own utilities, ensuring steady cash flow and low operating expenses. The property enjoys a highly visible location with direct exposure to the Van Wyck Expressway while also being centrally positioned near Jamaica Avenue, Liberty Avenue, Jamaica Hospital, and the Sutphin-Archer Metropolitan Transportation Hub, providing unmatched access to major transit including subway, LIRR, and multiple bus lines. The building generates a gross annual income of $213,144 with a net annual income of $155,325, making it an exceptional investment opportunity. With stable tenancy, strong income, and a prime location offering both visibility and accessibility in one of Queens most connected neighborhoods, this property is well-positioned to deliver both immediate returns and long-term growth potential.
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Property Features
- Age: 6-10 Years Old
- Architecture Style: Other
- Building Units: 7
- Cooling System: Central Air
- Cooling System: ENERGY STAR Qualified Equipment
- Exterior Type: ICFs (Insulated Concrete Forms)
- Exterior Type: Brick
- Exterior Type: Block
- Exterior Type: Concrete
- Heating System: Electric (Heating)
- MLSID: 902848
- Rooms: Basement
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