170-14 89TH AVE JAMAICA QUEENS NY
Multifamily | 5.63% CAP | 10 Units
Marketing description
Step into a turnkey investment property that blends contemporary
construction with stable cash flow, nestled in a high-demand rental
corridor. Built in 2021, this meticulously maintained multi-family building
offers investors a rare combination of new build efficiency, desirable unit
mix, and modern tenant amenities including washer & dryer in every unit.
Investment highlights
- Construction Quality: Built to modern code standards with energy-efficient
systems and minimal deferred maintenance.
- Lifestyle Amenities: Private balconies in 4 units offer premium outdoor
living—especially the oversized balcony in the 2-bed, 2-bath unit.
- Appealing Mix: Thoughtfully curated layout includes a studio for single
professionals, one-beds that cater to working couples, and a spacious twobedroom
suited for small families or longer-term tenants.
- Tenant Retention: New build condition supports higher tenant satisfaction,
lower turnover, and strong lease renewals.
- Market Positioning: Located in a rapidly appreciating neighborhood with
rising rental rates and strong occupancy demand.
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