14661 105Th AveJamaica, NY 11435

For Sale
$2,800,000
Seven-unit multifamily building, prime location.

Overview

Added:
Feb 3
Days on market:
72
This exceptional investment opportunity presents a newly constructed, four-story multifamily building located at 14661 105th Ave, Jamaica, NY. The property encompasses 5,018 square feet and features seven beautifully appointed one-bedroom apartments, each designed for modern urban living. The building's strategic location offers easy access to public transportation, with the subway at Archer Ave and Sutphin Blvd within walking distance, ensuring convenient commuting for residents. Apartment finishes are of high quality, incorporating modern appliances and abundant natural light. Adding to the appeal, the third and fourth-floor units boast private balconies, providing residents with valuable outdoor space and scenic views. Thoughtful design extends to the first-floor apartment, which is fully handicap accessible, promoting inclusivity and convenience. The building benefits from a 421A tax abatement program, extending until 2058, with an affordable housing percentage included. The lot dimensions are 17.33' x 64'. This property represents a compelling investment prospect due to its prime location, modern amenities, and the long-term benefits of the tax abatement program. The strong rental demand in the area, combined with the building's high-quality construction and attractive features, makes this an ideal addition to any investment portfolio. The building's size and layout offer efficient management and potential for strong rental income.

Property Details for 14661 105Th Ave

Property type
Retail properties
Square Feet
5,018 SF
Year Built
2017

Location Insight

City
Jamaica
County
Queens
State
New York
Latitude
40.69561
Longitude
-73.80412
14661 105Th Ave, Jamaica, New York

FAQs

What type of property is this?
Retail property - Seven-unit multifamily building, prime location.
Where is the retail property located?
The property is located at 14661 105Th Ave Jamaica, NY.
What is the asking price?
The asking price for this property is $2,800,000.
How can I contact the broker?
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14661 105Th Ave
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