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Jamaica, NY 11434
$3,750,000
  • For Sale
  • 16 Bedrooms
  • 8 Full Baths
  • 8387 SqFt
  • Year Built 2024
  • Multi Family
  • ML# 3524353

Property Details

Overview

Attention all investors, this is your chance to own a BRAND NEW BUILDING in Jamaica, Queens! 129-24 Merrick Blvd. features 4 floors, and 8 apartments with a 9% Cap Rate. The building will be delivered with full occupancy, with CITYFHEPS tenants and leases. Each unit features an open layout concept with two bedrooms, 1 bathroom, a kitchen with brand-new stainless steel appliances, and a living/dining room. Don’t miss out on this exceptional opportunity to own a new building with substantial income potential.

Key Facts

  • SqFt: 8387.00
  • Style: Contemporary
  • Lot Size: 0.1
  • Lot Sq Ft: 4145
  • New Construction: Yes
  • Taxes: $21,000
  • School District#: 29
  • Zoning: R5D, R3X, C2-3
  • Block: 12538
  • Lot: 1

Additional Features

  • Construction Materials: Frame, Stucco
  • Building Size: 47X48
  • Garage: 0.0
  • Parking Spaces: Yes
  • Parking Facilities: Private, Driveway

Rooms & Floor Plans

  • Bedroom: 16
  • Full Bath: 8

Interior & Utilities

  • Heat: Electric
  • A/C: Central Air
  • Water: Public
  • Sewer: Sewer

Financial

  • Taxes: $21,000
Listing Information provided courtesy of Commerce Realty Group  718-380-3292
OneKey™ MLSThe source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS