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147-17 Liberty Avenue
Jamaica, NY 11435
Asking Price
Contact for price
Asset Type
Multifamily
Class
Class B
What's Special
99 Year Ground Lease Opportunity <p><span>• Ground Lease: Proposed 99-year ground lease structure minimizes up front capital contribution.</span></p><p><span>• Corner Lot: Corner frontage on heavily trafficked Liberty Ave presents valuable retail potential and construction flexibility.</span></p><p><span>• 99 Unit Limit: The site can easily fit two buildings with a maximum unit count of 145 units, keeping each below the 99-unit threshold.</span></p><p><span>• Manageable Scale: ±99,000 BSF offers scale without the hurdles of ins
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
