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About the Listing BLNH01 - 186995
Prime Jamaica investment — fully occupied 10-unit elevator building, built in 2022. Current rent roll: $27,404.70/month ($328,856.40/year). Approximately 31 years remain on a 35-year tax abatement, keeping property taxes at just $2,911/year. Unit mix: three 1-bedroom duplexes with an extra room, plus seven 1-bedroom, 1-bath apartments. Minimal owner expenses — the landlord pays water only; tenants cover electricity, hot water, heating, and cooling. Just two blocks from Hillside Avenue and a 3-minute walk to the F train. Newer construction, low operating costs, and long-term tax benefits — a turnkey income property in the heart of Jamaica.
Listing Highlights for 170-14 89 Ave
Interior Details
- Appliances:
- Air Cond: Electric
- Heating: Electric
- Fireplaces:
- Floor:
- Basement: Full
- Other:
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: N/A
- Roof:
- Others: Renovated
- Sewer: Public Sewer
- Parking Features: Off Street
Financial Details
- Tax Amount: $2,911
- Taxes w/Assessments: N/A
- Tax/Property ID: 09805-0054
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
170-14 89 Ave Jamaica, NY 11432
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