170-14 89th Avenue — Sale in Jamaica, NY

  • Price: $5.5M
  • Listing type: For sale
  • Asset type: Business
  • Location: Jamaica, NY 11432
  • Size: 11,145 SF
  • Year built: 2021

Investment Figures

Cap rate
4.75%
Price per square foot
$493
Price per unit
$550,000 across 10 units

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

A BRAND NEW 5 floor elevator apartment building located in Jamaica, Queens.​ This gorgeous 10 unit apartment building has spacious balconies & terraces, plus a rooftop deck.​ Striking layouts, modern new appliances, and all units are equipped with a washer and dryer.​This property is conveniently located near the E & F Train, and bus line.​ Building SF: 11145 | Year Built: 2021 | Listing Type: FOR SALE

Market Context

This commercial property in Jamaica, NY is listed for sale at $5,500,000 across 11,145 SF ($493/SF). It is offered at an approximate 4.8% capitalization rate, a key benchmark for income-producing commercial property assets. The building dates to 2021. It has been on the market for 71 days. Compare it against other commercial property listings for sale in Jamaica, NY — view the full market.

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