This commercial multifamily enables an investor who can see long term to have a Secure place to allocate their funds, providing a safe investment option for stable asset allocation AND: 1) A Dependable store of value 2) Low-risk financial haven 3) Conservative investment choice 4) Safe harbor for capital 5) Prudent cash reserve strategy 6) Lastly to Secure wealth storage Prime investment opportunity! 12% year-over-year appreciation increase in Queens. Legal 7-Unit Commercial Multi-Family apartment building. 7 Apartments in total (2 bedrooms, 1 bathroom each) 7 to 8 parking spots on the Parking lot Possibility of parking lot solar farm for electric cars New Construction - 2020 built 50' x 19' lot square footage 7,226 Building Sq Ft Unobstructed on all sides Flat roof with Space for Solar Panels and digital billboards (rented or owned) Space for Mobile Provider Antennas Not Rent Stabilized Tenants pay for utilities All units have been renovated with many new upgrades. Equipped with a new Sprinkler System, Digital Fire-Alarm System, Energy Efficient appliances and fixtures, security system, intercom system, separate utility meters for each unit, central air system, all units equipped with stainless steel appliances, All 7 apartments are 100% fully occupied with no vacancy with space to increase rent. 14 bedrooms, 7 bathrooms, 7 Kitchens total, with Fully-Finished Basement. This multifamily property is situated on prime ideal golden corner property. Conveniently situated near JFK Airport, Jamaica Hospital Medical Center, Green Acres Mall, public transportation, supermarkets, restaurants, schools, banks, parks, & more. Good Opportunity for High Rental Income, Low Property Tax of $39,000 per year. Don't miss this opportunity to own or invest! Grab It Before It's Gone!!

Listing courtesy of Keller Williams Realty Liberty mudogwujr@kw.com


Based on information submitted to the MLS GRID as of 2025-07-04 07:14 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.