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.
Listing By
Agency Name: Real Broker NY LLC
Agency Contact: 855-450-0442
Shown By
Agent Name: Jacqueline Pollack
Agent Phone: (516) 319-4154
Agency Title: Coldwell Banker American Homes
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16411 Highland Avenue | MLS# 1044036
This commercial property located at 16411 Highland Avenue , Jamaica, NY 11432 is currently listed for sale with an asking price of $4,300,000. Highland Avenue is located within the Queens 28 school district. Search Jamaica real estate on www.homesbyjacki.com today.