$3,499,999

135-04 102nd Avenue, Richmond Hill S., NY 11419

  • 7,266 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2019
  • Property Lot Size Icon4,748sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $482/sqft
  • Property List Date Icon Listed 5 days ago

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.

Listing Status:
Active
Listing Office:
EXP Realty : 888-276-0630
MLS ID:
902848
  • Basement: FinishedFull
  • A/C: Central AirENERGY STAR Qualified Equipment
  • Heating: ElectricENERGY STAR Qualified Equipment

This listing courtesy of EXP Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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