87-65 171st ST Pending

Jamaica,NY 11432

$ 10900000

37 Beds

31 Baths

27252 SqFt


Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 27,252 sqft

Price per Sqft $399

Subdivision Savani Residences

MLS Listing ID KEYL3504150

Bedrooms 37

Full Baths 31

Originating Board onekey2

Rental Info No

Year Built 2021

Annual Tax Amount $30,000

Lot Dimensions 64.42x92

Property Description

Excellent Investment Opportunity in the heart of Jamaica, Queens! Located within 2 blocks from 169th St Subway Station, this 2021-built 8 stories Apartment Building features 25 One Bedroom units, 6 Two Bedroom units, 16 indoor parking spaces, Common Laundry, and a 750 sqft Recreational area on the 8th Fl. Also has 30+ years of Tax Abatement, an Elevator, Security Systems, Bicycle Storage, and more. Walking distance to everything...the location speaks for itself! *5.44% CAP RATE. Price/sqft $399.98* Opportunity is knocking...Grab it before it's Gone!!, Additional information: Appearance:Excellent,Interior Features:Lr/Dr

Location

State NY

County Queens

Rooms

Basement Finished,Full

Interior

Interior Features Eat-in Kitchen,Elevator

Heating Natural Gas,Baseboard

Cooling Wall Unit(s)

Flooring Hardwood

Fireplace No

Appliance Dishwasher,Electric Water Heater,Refrigerator

Exterior

Exterior Feature Balcony

Parking Features Private

Amenities Available Park

Private Pool No

Building

Lot Description Near Public Transit,Near School,Near Shops

Water Public

Level or Stories Multi/Split

Structure Type Brick

New Construction Yes

Schools

Elementary Schools Ps 95 Eastwood

Middle Schools Is 238 Susan B Anthony Academy

High Schools Cambria Heights Academy

School District Queens 29

Others

Senior Community No

Special Listing Condition None

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