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8640 123Rd St Jamaica, NY 11418

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For Sale
$1,400,000

Six-unit multifamily property in Richmond Hill with strong cash flow.

Lot size:
0.08 Acres

Property Features for 8640 123Rd St

General Information

Lot size
0.08 Acres

Building Details

Year built
1931
Source: Elliman

Listing Agent: Dennis Ferster Cbr

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


Overview

Richmond Hill Multifamily Investment Opportunity

This six-unit multifamily property is located in Richmond Hill. The rent-stabilized building features six apartments, each with two bedrooms and one bathroom. The units are described as large and spacious. The roof is less than a year old and in excellent condition. All tenants are current with their rent. The property has updated electricity and plumbing. It is situated near schools, shopping, and transportation, offering a potential for long-term appreciation.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant 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
-73.827728
Latitude
40.701145

FAQs

What type of property is this?
Apartment building - Six-unit multifamily property in Richmond Hill with strong cash flow.
Where is this apartment building located?
The property is located at 8640 123Rd St Jamaica, NY.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: - Strong cash flow and significant long-term appreciation potential.; - Six rent-stabilized units, each with 2 bedrooms and 1 bath.; - Prime location in Richmond Hill near schools, shopping, and transportation.
More about this property
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