TURN-KEY CASH COW: BRICK 3-FAMILY WITH A VACANT UNIT & INSTANT ROI Offered at $1,349,000. Lock in cash flow on day one with this massive, ultra-low-maintenance brick 3-family powerhouse! Perfectly positioned for savvy investors maximizing yields or owner-occupants looking to have their mortgage slashed by rental income. Units 1 and 2 are fully occupied with reliable, vetted, on-time paying tenants, generating effortless passive income the moment you close. Unit 3 is completely vacant and ready for you to move in or immediately lease at top market rates ($3,500+/mo potential). This expansive unit features high ceilings, dedicated living and dining rooms, and 3 full bedrooms. Enjoy ultimate expense control and maximum NOI protection: this property features fully separated utilities with 3 distinct boilers, 3 hot water tanks, and 4 electric meters, meaning tenants pay their own bills. Combined with unusually low annual property taxes, your holding costs stay exceptionally low. Boasting a sprawling layout totaling 8 bedrooms, 3 full bathrooms, and a massive full basement prime for storage or conversion. Located just minutes from the F train, major shopping, dining, and top-tier schools, this location guarantees near-zero vacancy rates. Fully separated 3-family properties with vacant units in this prime corridor do not last!
| MLS # | 1027112 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2008 |
| Days On Site | 60 |
| Listing Provided By | Neighborhood Elite Homes LLC | Khairul Arefin |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 3,078 |
| Basement | Y |
| Units | 3 |
| Acreage | 0.04 |
| Cooling | ENERGY STAR Qualified Equipment |
|---|---|
| Heating | Natural Gas |
| Interior Features | First Floor Full Bath |
| Window Features | Aluminum Frames, Insulated Windows |
| Construction Materials | Brick |
|---|
| Garage Yes / No | No |
|---|---|
| Parking Features | On Street |
| Utilities | Electricity Connected, Natural Gas Available, Natural Gas Connected, Water Available, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 98460 |
| Tax Annual Amount | 5689 |
| State | NY |
|---|---|
| County | Queens |
| City | Jamaica |
| Zip Code | 11432 |
| School District | Benjamin Franklin Hs-Finance-Inf |
| Elementary School | Cynthia Jenkins School |
| High School | Benjamin Franklin Hs-Finance-Inf |
| Listing VS Median (in 11432) | |
Price: $1,349,000 low | high Med: $327,450 sqft: 3,078 low | high Med: 823 $ / sqft: $438 low | high Med: $418 On site: 60 low | high Med: 474.5 | |
| State | NY |
|---|---|
| County | Queens |
| City | Jamaica |
| Zip Code | 11432 |
| School District | Benjamin Franklin Hs-Finance-Inf |
| Elementary School | Cynthia Jenkins School |
| High School | Benjamin Franklin Hs-Finance-Inf |
| Listing VS Median (in 11432) | |
Price: $1,349,000 low | high Med: $327,450 sqft: 3,078 low | high Med: 823 $ / sqft: $438 low | high Med: $418 On site: 60 low | high Med: 474.5 | |
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