$ 1,399,000
Building For Sale
Property Type
Active
Status
6
Bedrooms
4
Bathrooms
Building Details
0.05 Acres / 2,500 SF
Lot Size
1920
Year Built
Description
Fully Renovated Legal 3-Family Investment Property in Downtown Jamaica, Queens – 8.4% Cap Rate Potential!
Discover this exceptional, fully renovated legal 3-family home in the heart of Downtown Jamaica, Queens—a prime investment opportunity with a strong 8.4% cap rate potential!
Property Highlights:
? Upgraded from Top to Bottom – Featuring a new roof, siding, plumbing, electrical, windows, kitchens, baths, and flooring for worry-free ownership.
? Flexible Layout – Configured as a 1-bedroom, 2-bedroom, and 3-bedroom rental, maximizing income potential.
? Separate Utilities – Each unit has its own boiler and water tank, ensuring tenant convenience and cost efficiency.
? Parking & Storage – Includes a two-car garage and a full basement with a separate entrance for added functionality.
? Unbeatable Location – Just minutes from the E, J, Z trains, LIRR, and AirTrain, making commutes seamless. The AirTrain connects to JFK Airport in just 10 minutes!
? Thriving Downtown Jamaica – Surrounded by new high-rises, trendy eateries, shopping, and a growing business hub, offering an ideal live-work-play environment.
Whether you’re an investor seeking strong cash flow or an owner-occupant looking for rental income, this turnkey property is a rare find in a rapidly revitalizing neighborhood!
Fully Renovated Legal 3-Family Investment Property in Downtown Jamaica, Queens – 8.4% Cap Rate Potential!
Discover this exceptional, fully renovated legal 3-family home in the heart of Downtown Jamaica, Queens—a prime investment opportunity with a strong 8.4% cap rate potential!
Property Highlights:
? Upgraded from Top to Bottom – Featuring a new roof, siding, plumbing, electrical, windows, kitchens, baths, and flooring for worry-free ownership.
? Flexible Layout – Configured as a 1-bedroom, 2-bedroom, and 3-bedroom rental, maximizing income potential.
? Separate Utilities – Each unit has its own boiler and water tank, ensuring tenant convenience and cost efficiency.
? Parking & Storage – Includes a two-car garage and a full basement with a separate entrance for added functionality.
? Unbeatable Location – Just minutes from the E, J, Z trains, LIRR, and AirTrain, making commutes seamless. The AirTrain connects to JFK Airport in just 10 minutes!
? Thriving Downtown Jamaica – Surrounded by new high-rises, trendy eateries, shopping, and a growing business hub, offering an ideal live-work-play environment.
Whether you’re an investor seeking strong cash flow or an owner-occupant looking for rental income, this turnkey property is a rare find in a rapidly revitalizing neighborhood!
Listing Courtesy of Jaymore Realty LLC
Features
Garage
Hardwood Floors
Public Sewer
Utilities
Electricity Connected
Natural Gas Available
Natural Gas Connected
Public Water Source
Contact
Coldwell Banker Reliable Real Estate
License
Licensed As: Not Applicable
Mortgage Calculator
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Source of Information: The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. Data last updated: 06/15/2025 1:48PM
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
MLSID: KEY859506
