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Property profile

106-43 156 St Queens, NY 11433

OFF-MARKET
Apartment buildings
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Property summary

AI-generated overview

This exceptional investment opportunity presents a renovated, legal four-family brick building located at 106-43 156th St, Jamaica, NY 11433. The property is offered at $1,399,000 and will be delivered vacant, allowing for immediate occupancy or rental income generation. The building features four apartments, each with two bedrooms and one bathroom, totaling eight bedrooms and four bathrooms across the building. Situated on a generous 25 x 100 foot lot, the solid brick construction ensures durability and low maintenance. A full, unfinished basement with an outside entrance provides ample potential for additional storage, workspace, or future development. This prime location offers convenient access to schools, parks, shopping, dining, and public transportation within the vibrant Jamaica neighborhood. The property's vacant status presents a unique opportunity for investors to maximize rental income or customize the space for owner-occupancy. This versatile property offers a strong return on investment and significant potential for future appreciation. Don't miss this chance to acquire a well-maintained, income-producing multifamily building in a desirable Queens location.

Property profile

Verified
Property type Apartment buildings

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

106-43 156 St Queens, NY 11433
Queens metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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