106-43 156 St Queens, NY 11433
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 106-43 156 St
- Property type
- Apartment buildings
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Queens
- County
- Queens
- State
- New York
- Longitude
- -73.7976
- Latitude
- 40.6965