172-30 93rd Ave - Apartments FOR SALE


Jamaica, NY 11433
$7,000,000 USD
631-889-7370
172-30 93rd Ave, Jamaica, NY for Sale
$7,000,000 USD
Apartments - FOR SALE
1/36
null | Request Cap Rate

172-30 93rd Ave
Jamaica, NY 11433


HIGHLIGHTS

  • Heavy Daytime foot traffic
  • Lots of natural light
  • new brick style and open layout
  • 2 rooftop balconies
  • 20 car underground garage
  • 2 commercial units and 9 residential luxury units

OVERVIEW

For Sale: Massive 13,500 sqft Townhouse in the Heart of Jamaica, Queens, NY Address: Jamaica Ave, Jamaica, NY 11432, United States This exceptional property offers enormous potential for cash flow and development. Featuring a 13,500 sqft building with full plans available (which can be modified to your specifications), this is an ideal opportunity for investors or developers looking for a prime location in one of New York’s most heavily populated and vibrant neighborhoods. The building includes: • 20 Beds, 10 Baths • Rental Income Breakdown: • 3-Bedroom, 2-Bath Units (3 units) – $9,000/month • 2-Bedroom, 2-Bath Units (6 units) – $13,800/month • Commercial Units (2 units) – $3,000/month • Basement Storage (8,000 sqft) – Potential $4,000–10,000/month Estimated Cash Flow: $20,000–43,000/month Key Features: • Prime Location: Located near Jamaica Avenue, a bustling commercial hub in Queens. • Parking: Includes 10 private parking spaces. • Revenue Potential: High demand for residential and commercial spaces in this densely populated area. • Flexibility: Full plans are available, with the option to modify the design to suit your needs. • Close Proximity: Conveniently close to shops, restaurants, and public transportation. This is a rare opportunity to own a versatile, high-income-producing property in one of New York’s most sought-after areas. Don’t miss out on the potential for lucrative returns. Contact us today for more details and to schedule a showing!

FOR SALE DETAILS

PRICE

$7,000,000 USD

PRICE/SF

$519 USD /SF

# OF UNITS

9

PRICE/UNIT

$777,778

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Welcome to a beautiful luxury development

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Warehouse, Medical

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,350 SF

ZONING

R-5

APN/PARCEL ID

10219-0032

ASK ABOUT THIS PROPERTY

Raafae KhalidLegacy Estate RealtyMore Info
631-889-7370

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Raafae KhalidLegacy Estate RealtyMore Info
631-889-7370

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.