16230 86Th AveJamaica, NY 11432

For Sale
$3,200,000
Nine-unit apartment building, prime location.

Overview

Added:
Feb 3
Days on market:
72
This exceptional investment property, located at 16230 86th Ave in Jamaica, NY, presents a compelling opportunity for discerning investors. The building, boasting a substantial 7,080 square feet, comprises nine spacious apartments, promising consistent rental income. The property's R4A zoning designation offers flexibility for future development or expansion. Situated on a lot measuring 34.83 x 52 feet, the building is well-maintained and ready for immediate occupancy. Its prime location offers unparalleled convenience, with easy access to a wealth of amenities. Residents will enjoy proximity to a variety of shops and restaurants, providing a vibrant and convenient lifestyle. Beautiful parks offer nearby green spaces for relaxation and recreation. Families will appreciate the excellent schools within easy reach, while commuters will benefit from the convenient access to public transportation, including the Q64 bus and the E/F subway lines. The interior features include living and dining room spaces within each unit. This property represents a rare blend of residential comfort and exceptional location, making it an ideal investment for those seeking strong returns and long-term growth potential. The asking price is $3,200,000.

Property Details for 16230 86Th Ave

Property type
Commercial real estate
Square Feet
7,080 SF
Year Built
1931

Location Insight

City
Jamaica
County
Queens
State
New York
Latitude
40.71156
Longitude
-73.80095
16230 86Th Ave, Jamaica, New York

FAQs

What type of property is this?
Commercial real estate - Nine-unit apartment building, prime location.
Where is the commercial real estate located?
The property is located at 16230 86Th Ave Jamaica, NY.
What is the asking price?
The asking price for this property is $3,200,000.
How can I contact the broker?
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16230 86Th Ave
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