114-05 170th St
Jamaica, NY 11434
America Towers · Multifamily Property For Sale
·
77 Units
Property Facts
| No. Units | 77 | Building Size | 57,006 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 6 |
| Apartment Style | Mid-Rise | Year Built | 1966 |
| Building Class | C | Parking Ratio | 0.44/1,000 SF |
| Lot Size | 0.42 AC | ||
| Zoning | R5B | ||
| No. Units | 77 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.42 AC |
| Building Size | 57,006 SF |
| Average Occupancy | 100% |
| No. Stories | 6 |
| Year Built | 1966 |
| Parking Ratio | 0.44/1,000 SF |
| Zoning | R5B |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
About 114-05 170TH ST , JAMAICA, NY 11434
Located less than 1 mile from the St. Albans LIRR station and 1.5 miles from the Jamaica Subway stop. Additionally a Q4/Q5/Q84 and Q85 Bus stop is located directly on the opposite corner providing commuters quick transit times throughout NYC. A 30 year easement was signed for the cell phone antenna system roughly 5 years ago. The new owner has the option of purchasing back the equipment and collecting the income. Gas was brought into the property roughly 3 years ago and the heat was converted to dual fuel (#2 oil). At that time the boiler, pump and blower were replaced. The furnace which is fed by a 5,000 gallon storage tank was replaced in 1992. This property offers a considerable amount of value-add/upside through rent increases, MCI upgrades, leasing of parking/storage, laundry room income as well as the ability to purchase back the easement from cell phone antenna system. Please email broker for full setup and due diligence items.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 39 | - | - |
| 2+2 | 27 | - | - |
| 3+2 | 6 | - | - |
| Studios | 5 | - | - |
Property Taxes
| Parcel Number | 12334-0273 | Improvements Assessment | $1,670,850 |
| Land Assessment | $454,050 | Total Assessment | $2,124,900 |
Property Taxes
