172-18 Jamaica Avenue

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172-18 Jamaica Avenue

Jamaica, NY 11432
Asking Price
$11.00M
Cap Rate
4%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Free Market- Multifamily- 17 Units and Parking spaces. <ul><li>​All units are Free Market- 16 units with 11 parking spaces and spacious commercial space on the first floor and finished basement with bathroom. </li><li>​Opportunity to purchase three condo bulk sale/buildings for $28,000,000. Please contact LA for details.</li></ul>

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NOI
$80,000
Cap Rate
0.73%
DSCR
0.12
Underwater
Cash-on-Cash
-17.37%
Monthly Payment
$54,421.998
Annual Cash Flow
$-573,063.978

Location & Travel Times