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Modern 12-Unit Apartment Building
New
For Sale
$4,300,000

16411 Highland Avenue, Jamaica, NY 11432

Commercial Sale, Jamaica, NY

Property SizeContact for details
Lot Size0.17 Acres
Days on Market3

Property Features for 16411 Highland Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning R5
Rooms Basement
Basement Full
Elementary school district Queens 28
Middle school district Queens 28
High school district Queens 28
Standard status Active
APN 09846-0010
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 3694

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 2018
Number of units 12
Listing Agency: Real Broker NY LLC
Listed By: Monica Soyemi
Added: Aug 27 Changed: Aug 28 Last Checked: Aug 29 at 7:06AM
MLS# 1044036

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

Investment Insights

Based on property information with market context.

This 12-unit apartment building was constructed in 2018 and includes a basement, central air conditioning, and natural gas heating. The property is served by public water and public sewer, providing established core infrastructure for the multifamily asset.

Located at 164-11 Highland Avenue in Jamaica, NY, the property occupies 0.1722 acres and carries R5 zoning. Its unit count, modern construction, and utility configuration define a compact apartment property within Queens.

Key Highlights

  • 12‑unit apartment building constructed in 2018
  • R5 zoning on a 0.1722‑acre parcel
  • Central air conditioning throughout the property

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Gym & Fitness Center Veterinary Clinic Garden Center Pet Grooming Service Restaurant (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

5,949
Businesses Nearby

Demographics for 11432, NY

65,743
Population
21,618
Households
3
Avg Household Size
39
Median Age
36%
College-Educated
80%
High-School Grad
2.0 sq mi
ZIP Area
32,872
Density / Sq Mi
$75,395
Median Household Income
$37,385
Median Earnings
$1,841
Median Rent
$826,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - R5-zoned multifamily property with central air, natural gas heat, and public utilities.
Where is this apartment building located?
The property is located at 16411 Highland Avenue Jamaica, NY.
What is the asking price?
The asking price for this property is $4,300,000.
What are key features of this property?
This property features: 12‑unit apartment building constructed in 2018; R5 zoning on a 0.1722‑acre parcel; Central air conditioning throughout the property
More about this property
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