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    141-04 Pershing Cres Jamaica, NY 11435

    For Sale
    $2,290,000

    Queens investment opportunity: 8 luxury apartments in Briarwood/Kew Gardens.

    Lot size:
    0.04 Acres

    Property Features for 141-04 Pershing Cres

    General Information

    Lot size
    0.04 Acres

    Building Details

    Year built
    2002

    Source: Chase Global Realty Corp Agent John Z. Liu CBR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Luxury 8-Unit Apartment Building

    This multi-family property features 8 sun-filled apartments in the Briarwood/Kew Gardens neighborhood. The units offer high-end finishes and benefit from strong rental demand and transit access. The apartments feature high ceilings and oversized windows, providing natural light. Designer finishes include polished hardwood floors, modern lighting, and premium fixtures. The gourmet kitchens are equipped with granite countertops, custom soft-close cabinetry, and stainless steel appliances. Select units include balconies. The building features concrete construction with soundproofing.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Jamaica
    County
    Queens
    State
    New York
    Longitude
    -73.818191
    Latitude
    40.710986

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    FAQs

    What type of property is this?
    Apartment building - Queens investment opportunity: 8 luxury apartments in Briarwood/Kew Gardens.
    Where is this apartment building located?
    The property is located at 141-04 Pershing Cres Jamaica, NY.
    What is the asking price?
    The asking price for this property is $2,290,000.
    What are key features of this property?
    This property features: - Prime investment opportunity in the desirable Briarwood/Kew Gardens neighborhood of Queens.; - Turnkey property with 8 luxury apartments, offering steady cash flow and long-term appreciation.; - **High-end finishes throughout, including granite countertops, stainless steel appliances, and hardwood floors.**
    (212) 991-8269
    Request Owner's contact information
    141-04 Pershing Cres Jamaica, NY 11435
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    Jamaica, NY 11435
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    141-04 Pershing Cres Jamaica, NY 11435
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