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 jaymorerealty@gmail.com


Based on information submitted to the MLS GRID as of 2025-08-19 05:08 PM 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.