109-15 Merrick Blvd Queens, NY 11433

This exceptional Queens investment opportunity presents a 132-unit multifamily property comprised of two seven-story buildings totaling 118,566 square feet. Located at 109-15 and 109-25 Merrick Boulevard, Queens, NY 11433, this property boasts an impressive 411 feet of frontage. The asking price is $19,000,000, translating to $160.25 per square foot and $143,939.39 per unit. The property offers a compelling 6.5% capitalization rate. With 132 apartments and ample parking, this asset presents a strong cash flow potential for investors seeking a stable and high-return investment in the thriving Queens real estate market. The property's prime location and substantial size make it an attractive proposition for both seasoned investors and those new to the multifamily sector. Detailed financial statements and property reports are available upon request. This is a rare opportunity to acquire a well-positioned, income-generating asset in a rapidly appreciating market. Don't miss out on this chance to secure a significant return on your investment.