Listing by: Commerce Realty Group, 718-380-3292
Attention all investors, this is your chance to own a BRAND NEW BUILDING in Jamaica, Queens! 129-24 Merrick Blvd. features 4 floors, and 8 apartments with a 9% Cap Rate. The building will be delivered with full occupancy, with CITYFHEPS tenants and leases. Each unit features an open layout concept with two bedrooms, 1 bathroom, a kitchen with brand-new stainless steel appliances, and a living/dining room. Don't miss out on this exceptional opportunity to own a new building with substantial income potential.
3524353
Multi-Family, Contemporary, 3+ Story
16
Queens
8 Full
2024
0.1
Acres
Public
Frame,Stucco
8,387
Sq. Ft.
24
School Information
Collaborative Arts Middle School
Queens Prep Academy
Bathrooms
8
Total:8
Interior Features
- Appliances
- Electric Water Heater
- Cooling
- Central Air
- Heating
- Electric Heating. .
- Common Walls
- 1 Common Wall
- Basement
- Finished, Full
Exterior / Lot Features
- Parking
- Private, Driveway.
- Exterior
- Stucco, Frame
- Lot Dimensions
- 46x47
- Zoning
- R5D,R3X, C2-3
- Structural Condition
- New Construction
Financial Considerations
$21,000
Arrows indicate 90 day trend
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