Log In/Sign Up
Your email has been sent.
16230 86th Ave 9 Unit Apartment Building $2,400,000 ($266,667/Unit) 7% Cap Rate Jamaica, NY 11432
Investment Highlights
- Near Captain Tilly Park.
Executive Summary
This is a multi family solid brick property consisting of nine Apartments with oversized living rooms, and bedrooms, Kit, full bath, in highly sought after Jamaica Hills, with endless possibilities. Excellent condition, wood floors,7 y/o roof, energy efficient Plumbing upgrades, 2 y/o Navien Heating system. Tenants pay own cooking gas and electric. Income producing rented: 6 car parking space, Plus Det. 2 car garage.Walking distance to E & F trains, 3 blocks Queens Hospital, St. John's university, Hillcrest HS, GCP. Walk to restaurants, shopping, Places of worship, Q64 bus in front of the building!
Seller prefers Cash offer with POF or 1031 exchange or 30% downpayment with pre-approval. Available for viewing!
Seller prefers Cash offer with POF or 1031 exchange or 30% downpayment with pre-approval. Available for viewing!
Property Facts
| Price | $2,400,000 | Building Class | B |
| Price Per Unit | $266,667 | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 6,230 SF |
| Cap Rate | 7% | Average Occupancy | 100% |
| No. Units | 9 | No. Stories | 4 |
| Property Type | Multifamily | Year Built/Renovated | 1931/2022 |
| Property Subtype | Apartment | Parking Ratio | 0.96/1,000 SF |
| Apartment Style | Mid-Rise | ||
| Zoning | R4A - Residential | ||
| Price | $2,400,000 |
| Price Per Unit | $266,667 |
| Sale Type | Investment |
| Cap Rate | 7% |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.13 AC |
| Building Size | 6,230 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built/Renovated | 1931/2022 |
| Parking Ratio | 0.96/1,000 SF |
| Zoning | R4A - Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 9 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 09777-0016 | Improvements Assessment | $173,690 |
| Land Assessment | $2,487 | Total Assessment | $176,177 |
Property Taxes
Parcel Number
09777-0016
Land Assessment
$2,487
Improvements Assessment
$173,690
Total Assessment
$176,177
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Unique Service Realty
16230 86th Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.