16230 86Th AveJamaica, NY 11432

Property Details for 16230 86Th Ave

Year built

1931

Property size (Sq ft)

7,080 SF

Property type

Commercial real estate

Description

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.

Location Insight

City

Jamaica

County

Queens

State

New York

Latitude

40.7116

Longitude

-73.8009

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