Introducing an Excellent Investment Opportunity in one of Queens' most vibrant and established residential neighborhoods. This well-maintained three-story semi-detached brick walk-up features 8 residential units and offers approximately 4,380 square feet of living space on a 24x125 lot with R6A zoning. Built in 1970, the property consists of six one-bedroom apartments and two studio apartments, all rent-stabilized and fully occupied with established tenants, providing steady and reliable cash flow with future upside potential through continued rent growth in a strong rental market. Situated just two blocks away from Hillside avenue, the property is within minutes to supermarkets, restaurants, shopping, laundromats, and other neighborhood essentials, making it a highly desirable address for tenants. Public transportation is easily accessible, including the E and F subway lines at 169th Street, along with multiple bus routes offering convenient access throughout Queens and Manhattan.This is an exceptional opportunity for investors seeking a stable, income-producing asset with long-term appreciation potential in a prime Queens location. Call today for additional information!
Listing By
Agency Name: Voro LLC
Agency Contact: 917-324-4338
Shown By
Agency Title: Joyce Realty
Agency Phone: (800-275-5692)
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8909 170th Street | MLS# 1003860
This commercial property located at 8909 170th Street, Jamaica, NY 11432 is currently listed for sale with an asking price of $1,199,000. 170th Street is located within the Contact Agent school district. Search Jamaica real estate on www.joycerealty.com today.