14661 105 Ave Queens, NY 11435

Property Details for 14661 105 Ave

Year built

2016

Lot size

0.05 lot acres

Property size

4,093 SF

Zone code

R6A

Property type

Investment properties

Property subtype

Live-work space

APN

10055-0019

APU

100550019

Description

This exceptional investment opportunity presents a newly constructed, four-story multifamily building located at 14661 105th Ave, Jamaica, NY. The property encompasses 5,018 square feet and features seven beautifully appointed one-bedroom apartments, each designed for modern urban living. The building's strategic location offers easy access to public transportation, with the subway at Archer Ave and Sutphin Blvd within walking distance, ensuring convenient commuting for residents. Apartment finishes are of high quality, incorporating modern appliances and abundant natural light. Adding to the appeal, the third and fourth-floor units boast private balconies, providing residents with valuable outdoor space and scenic views. Thoughtful design extends to the first-floor apartment, which is fully handicap accessible, promoting inclusivity and convenience. The building benefits from a 421A tax abatement program, extending until 2058, with an affordable housing percentage included. The lot dimensions are 17.33' x 64'. This property represents a compelling investment prospect due to its prime location, modern amenities, and the long-term benefits of the tax abatement program. The strong rental demand in the area, combined with the building's high-quality construction and attractive features, makes this an ideal addition to any investment portfolio. The building's size and layout offer efficient management and potential for strong rental income.

Location Insight

City

Jamaica

County

Queens

State

New York

Longitude

-73.8041

Latitude

40.6956

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments