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87-87 144 Street
Jamaica NY 11435 US

$4,350,000

Active Listing ID 855960
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Single Family Attached

$4,350,000

Active Listing ID 855960
Save

87-87 144 Street Prime 8-Unit Investment Property – Jamaica, Queens 87-87 144th Street | Asking: $4, 350, 000 | Cap Rate: 6.21% Modern 4-story building + finished cellar built in 2018, featuring 8 units (7 one-bedrooms + 1 duplex with basement and backyard). High 9' ceilings throughout, quality construction (fireproof masonry & steel) coin-operated laundry in basement. Gross rental income approx. $300, 340/year with net income of $270, 590. Units feature granite kitchens, stainless steel appliances, and modern finishes. Located steps from the F train at Sutphin Blvd, close to JFK Airport, Jamaica Hospital, Van Wyck Expwy, and minutes to Northern Queens and Nassau County. Great opportunity for long-term cash flow in a growing area.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Single Family Attached
  • Features
  • Cooling System: Multi Units, Wall/Window Unit(s), Window Unit(s)
  • Floor Covering: Hardwood
  • Heating Fuels: Electric (Heating)

Property

  • propertytype: Commercial Sale
  • propertysubtype: Single Family Attached
  • listprice: 4350000
  • unparsedaddress: 87-87 144 Street
  • postalcity: Jamaica
  • stateorprovince: NY
  • country: US
  • postalcode: 11435
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 6201
  • livingareaunits: Square Feet
  • listagentfullname: Gladys Ramirez
  • listagentemail: gramirez@telemundorealty.com
  • listagentkey: 3yd-MLSLINY-114415
  • listagentmlsid: 114415
  • listagentpreferredphone: 3473515846
  • listagentofficephone: 7182053737
  • listofficekey: 3yd-MLSLINY-TEL01
  • listagentstatelicense: 31RA0597323
  • listofficemlsid: TEL01
  • disclaimer: Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MLSLINY
  • yearbuilt: 2018
  • listingcontractdate: 2025-04-30
  • listagenturl: http://www.telemundorealty.com/
  • countyorparish: Queens
  • appliances: Dryer, Microwave
  • cooling: Multi Units, Wall/Window Unit(s), Window Unit(s)
  • constructionmaterials: Brick
  • flooring: Hardwood
  • heating: Electric (Heating)
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 2
  • parkingfeatures: On Street
  • waterfrontyn: False
  • architecturalstyle: Other
  • rooms: Basement
  • securityfeatures: Fire Sprinkler System, Smoke Detector(s)
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Telemundo Realty Corp", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"telemundorealty@aol.com", "ListBrokerageCity":"Corona", "ListBrokerageCountry":"US", "ListBrokerageEmail":"telemundoreatly@aol.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/104/319676/20151123191121687.png", "ListBrokerageName":"Telemundo Realty Corp", "ListBrokeragePhone":"(347) 351-5846", "ListBrokeragePostalCode":"11368", "ListBrokerageStateOrProvince":"NY", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"102-01 Northern Blvd.", "ListBrokerageWebsiteUrl":"http://www.telemundorealty.com/", "ListOfficeAddress1":"10201 Northern Blvd", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"114415", "ListOfficeCity":"Corona", "ListOfficeCountry":"US", "ListOfficeEmail":"telemundorealty@aol.com", "ListOfficePostalCode":"11368", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi Family - Jamaica, NY", "ListingURL":"https://listings.listhub.net/pages/MLSLINY/855960/?channel=rexren", "MLSModificationTimestamp":"2025-04-30T20:43:44Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Multi Family", "RawPropertyType":"Commercial Sale", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":27175, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/8/2025 2:36:54 PM GMT
Source Updated Date: 5/18/2025 6:48:45 AM GMT

Courtesy of: Gladys Ramirez, Telemundo Realty Corp, gramirez@telemundorealty.com

Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.