|
Built in 2020, this modern seven-unit free market building offers investors a rare opportunity to acquire a turnkey property in the heart of Queens. Constructed with reinforced concrete for long-term durability and minimal maintenance, the building is fully occupied with excellent tenants who each pay their own utilities, ensuring steady cash flow and low operating expenses. The property enjoys a highly visible location with direct exposure to the Van Wyck Expressway while also being centrally positioned near Jamaica Avenue, Liberty Avenue, Jamaica Hospital, and the Sutphin-Archer Metropolitan Transportation Hub, providing unmatched access to major transit including subway, LIRR, and multiple bus lines. The building generates a gross annual income of $213,144 with a net annual income of $155,325, making it an exceptional investment opportunity. With stable tenancy, strong income, and a prime location offering both visibility and accessibility in one of Queens' most connected neighborhoods, this property is well-positioned to deliver both immediate returns and long-term growth potential.
| DAYS ON MARKET | 1 | LAST UPDATED | 8/18/2025 |
|---|---|---|---|
| YEAR BUILT | 2019 | COUNTY | Queens |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air, ENERGY STAR Qualified Equipment |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | Finished, Full |
| CONSTRUCTION | Block, Brick, ICFs (Insulated Concrete Forms) |
| HEAT | Electric, ENERGY STAR Qualified Equipment |
| LOT | 4748 sq ft |
| PARKING | Assigned, Driveway |
| SEWER | Public Sewer |
| TAXES | 39199 |
| UTILITIES | Natural Gas Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Kristin
Burnett to contact you even if your name is on a Federal or State
"Do not call List".
Listed with EXP Realty
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Multiple Listing Service of Long Island, Inc.
The source of the displayed data is either the property owner or
public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use.
Information Copyright 2025, Multiple Listing Service of Long Island, Inc. All Rights Reserved.
This IDX solution is (c) Diverse Solutions 2025.
