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    Renovated Multi-Family Residence, Jamaica, NY Title is generated by Realmo AI

    115 29 145th Street, Jamaica, NY 11436

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    Claim this Listing
    For Sale
    $1,290,000

    Multi-Unit (5+) - Jamaica, NY

    Property size:
    3,800 SF
    Price / SF:
    $339/SF
    Added:
    Feb 20, 2025
    Days on Market:
    479
    Last Refresh:
    Jun 14 at 1:06 pm

    Property Features for 115 29 145th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    4
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Family Room, Living Room
    Parking features
    Garage, Underground/Basement
    Appliances
    Dishwasher, Dryer, Microwave, Refrigerator, Washer
    Standard status
    Active
    Size
    3,800 SF

    Taxes and HOA fees

    Tax Annual Amount
    0

    Utilities

    Heating system
    Baseboard
    Cooling system
    Central Air

    Building Details

    Year built
    2022
    Year renovated
    2022
    Floors in Building
    2
    Flooring type
    Hardwood
    Architectural style
    Other

    We can help!

    Listing Contact
    Monica Moran

    Listing agent Monica Moran

    Listing office MORAN MONICA C 1225 Franklin Ave, GARDEN CITY, NY

    Listing date Feb 20, 2025

    MLS# 11437253 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Fully renovated in 2022 with modern touches throughout.
    • Multi‑family residence ideal for expansion or investment income.
    • Features 6 bedrooms and 4 full marbled titled baths.
    • Includes new appliances, windows, and roof.
    • Equipped with solar panels for energy efficiency.
    • Offers ample parking with garage and underground/basement options.

    Overview

    This multi-family residence, located in Jamaica, NY, was completely renovated in 2022. The property features 6 bedrooms and 4 full marbled titled baths. New appliances, new windows, a new roof, hardwood flooring, and solar panels are included. Modern touches are present throughout the entire home. The property offers spacious living areas and ample room for parking and socializing. Storage sheds are also present. The residence is suitable for a family looking to expand or for generating investment income. The property size is 3800 square feet, situated on a lot of 0 acres.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $175.6k $46.20
    − Vacancy −$6.7k −$1.76
    EGI $168.9k $44.44
    − OpEx −$76.0k −$20.00
    NOI $92.9k $24.44
    3,800 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.33M
    $1.16M – $1.55M (±1% cap)
    NOI $92,889 @ 7.0% cap · market cap 7.20%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.80M
    $2.45M – $3.27M (±1% cap)
    NOI $196,098 @ 7.0% cap · market cap 15.20%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jamaica
    County
    Queens
    State
    New York
    Longitude
    -73.798369
    Latitude
    40.684306

    FAQs

    What type of property is this?
    Apartment building - Renovated multi-family residence with modern touches, ideal for investment.
    Where is this apartment building located?
    The property is located at 115 29 145th Street Jamaica, NY.
    What is the asking price?
    The asking price for this property is $1,290,000.
    What are key features of this property?
    This property features: Fully renovated in 2022 with modern touches throughout.; Multi‑family residence ideal for expansion or investment income.; Features 6 bedrooms and 4 full marbled titled baths.
    More about this property
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