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    Apartment buildings

    106-43 156 St, Queens, NY 11433

    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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