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Property Description

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.

Features
Heating System:
Electric, Energy Star Qualified Equipment
Cooling System:
Central Air, Energy Star Qualified Equipment
Basement:
Finished, Full
Parking Features:
Assigned, Driveway
Sewer:
Public Sewer
Utilities:
Trash Collection Public, Natural Gas Connected, Electricity Connected, Cable Connected, Water Connected, Sewer Connected, Phone Connected
Address Map
City:
NY
State:
NY
County:
Queens
Property and Construction
Development Status:
Brick, Block, Icfs (insulated Concrete Forms)
Agent MlsId:
211779
Office MlsId:
EXP02
Number Of Units:
7
Special Listing Conditions:
No
Tax Annual Amount:
$39,199
Water Source:
Public
PhotosCount:
8

Commercial Sale For Sale

135-04 102nd Avenue, New York, NY

4,750 Acre
$3,499,999
Listing ID #902848
Basic Details
Property Type :
Commercial Sale
Property SubType :
Multi Family
Listing ID :
902848
Price :
$3,499,999
Bathrooms Total :
0
Building Area :
7,266 Sqft
Lot Area :
4,750 Acre
Year Built :
2019
Status :
Active
Status :
Active
Listing Office :
EXP Realty
Listing Agent :
Mahir Sadman SFR
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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