For Sale
$10,385,000

17218 Jamaica Ave Jamaica, NY 11432

Seven-story building, 16 units, great location.

Overview

Added:
Feb 3
Days on market:
74
This exceptional seven-story multi-family building located at 17218 Jamaica Avenue in Jamaica, NY, presents a lucrative investment opportunity. The property boasts a total of 16 units, all currently rented, ensuring immediate cash flow. Built in 2016, the building features a mix of modern one-bedroom, one-bathroom and two-bedroom, two-bathroom condos, each designed with contemporary elegance. Residents enjoy in-suite primary bedrooms, stylish kitchens equipped with stainless steel appliances and dishwashers, and private balconies. The building also offers eight parking spaces, a valuable amenity in this location. Security is enhanced by an intercom camera system. The property's prime location provides easy access to public transportation, including trains, major highways, shopping, and schools. Its proximity to JFK Airport and a variety of local amenities further enhances its appeal. With a total square footage of 21,121, this building represents a significant investment opportunity in a thriving urban area. The property is offered at $10,385,000. This is a rare chance to acquire a well-maintained, income-producing multi-family building in a high-demand location. Don't miss this chance to secure a strong return on your investment.

Property Details for 17218 Jamaica Ave

Property type
Commercial real estate
Square Feet
21,121 SF
Year Built
2016

Location Insight

City
Jamaica
County
Queens
State
New York
Latitude
40.70753
Longitude
-73.78725
17218 Jamaica Ave, Jamaica, New York

FAQs

What type of property is this?
Commercial real estate - Seven-story building, 16 units, great location.
Where is the commercial real estate located?
The property is located at 17218 Jamaica Ave Jamaica, NY.
What is the asking price?
The asking price for this property is $10,385,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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17218 Jamaica Ave
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