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87-65 171st Street , Jamaica, NY 11432

Sold: 10500000
Sold on: Apr 23rd, 2025
Sold: 10500000
Sold on: Apr 23rd, 2025
BEDS37 BATHS31 full MLS#L3504150
STATUSClosed PROPERTY TYPECommercial - SUBDIVISIONSavani Residences SCHOOLQueens 29


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 its Gone!!, Additional information: Appearance:Excellent,Interior Features:Lr/Dr

Property Features

Basement: Yes
Basement: Finished, Full
Days on Market: 588
Heating: Baseboard
Lot Size: 0.14 Acres
Taxes: $30,000
Year Built: 2021

Amenities

Eat-in Kitchen

Feature Descriptions

Appliances: Dishwasher, Electric Water Heater, Refrigerator
Association Amenities: Park
Building Area Total: 27252
Exterior: Brick
Flooring: Hardwood
Fuel Expense: 7500
Lot Dimensions: 64.42x92
Lot Features: Near Public Transit, Near School, Near Shops
Number Of Kitchens: 31
On Market Date: 2023-09-13
Other Expense: 30000
Parcel Number: 09827-0025
Parking Features: Private
Rental Term: Monthly
Rooms Total: 70
Security: yes
Security Features: Fire Sprinkler System, Security System
Separate Electric Meters: 32
Separate Gas Meters: 32
Units: 31
Water: Public

Local Schools

High School: Cambria Heights Academy
Middle School: Is 238 Susan B Anthony Academy
Elementary School: Ps 95 Eastwood
School District: Queens 29

Listed By / Sold By

Listed By

Agency Name: Exit Realty Prime
Agency Phone: 718-262-0205

Shown By

Agency Title: Laffey Real Estate
Agency Phone: 1-888-289-6902

Sold By

Agency Name: Exit Realty Prime
Agency Phone: 718-262-0205
Agent Name: Moniruzzaman R. Majumder CBR

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