135-04 102nd AVE new Save Request In-Person Tour Request Virtual Tour
Richmond Hill S.,NY 11419
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 902848
Rental Info No
Year Built 2019
Annual Tax Amount $39,199
Lot Size 4,748 Sqft
Acres 0.109
Property Sub-Type Multi Family
Source onekey2
Property Description
Built in 2020, this modern seven-unit free market building offers investors a rare opportunity to acquire a turnkey property in the heart of Queens. Constructed with reinforced concrete for long-term durability and minimal maintenance, the building is fully occupied with excellent tenants who each pay their own utilities, ensuring steady cash flow and low operating expenses. The property enjoys a highly visible location with direct exposure to the Van Wyck Expressway while also being centrally positioned near Jamaica Avenue, Liberty Avenue, Jamaica Hospital, and the Sutphin-Archer Metropolitan Transportation Hub, providing unmatched access to major transit including subway, LIRR, and multiple bus lines. The building generates a gross annual income of $213,144 with a net annual income of $155,325, making it an exceptional investment opportunity. With stable tenancy, strong income, and a prime location offering both visibility and accessibility in one of Queens' most connected neighborhoods, this property is well-positioned to deliver both immediate returns and long-term growth potential.
Location
State NY
County Queens
Rooms
Basement Finished,Full
Interior
Heating Electric,ENERGY STAR Qualified Equipment
Cooling Central Air,ENERGY STAR Qualified Equipment
Fireplace No
Exterior
Parking Features Assigned,Driveway
Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Trash Collection Public,Water Connected
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Block,Brick,ICFs (Insulated Concrete Forms)
Others
Special Listing Condition None