16411 Highland Avenue, Jamaica, NY 11432
sale
$4,300,000
|
Other
Courtesy Of Real Broker NY LLC
Turnkey 12-unit investment opportunity in Queens! Built approximately four years ago, 164-11 Highland Avenue generates over $30,000 per month in gross income, with strong rent collections, minimal operating expenses and exceptionally low property taxes. Producing an approximate $300,000 NOI and offered at approximately a 7% cap rate, this modern, stabilized multifamily asset delivers immediate cash flow with low-maintenance ownership.
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Property Features
- Age: 6-10 Years Old
- Amenities: Basement
- Building Units: 12
- Cooling System: Central Air
- Heating System: Natural Gas
- MLSID: 1044036
- Rooms: Basement
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