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Key Details
Sold Price $10,500,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Savani Residences
MLS Listing ID KEYL3504150
Sold Date 04/23/25
Bedrooms 37
Full Baths 31
HOA Y/N No
Originating Board onekey2
Rental Info No
Year Built 2021
Annual Tax Amount $30,000
Lot Dimensions 64.42x92
Property Sub-Type Multi Family
Property Description
Excellent Investment Opportunity in the heart of Jamaica, Queens! Located within 2 blocks from 169th St Subway Station, this 2021-built 8 stories Apartment Building features 25 One Bedroom units, 6 Two Bedroom units, 16 indoor parking spaces, Common Laundry, and a 750 sqft Recreational area on the 8th Fl. Also has 30+ years of Tax Abatement, an Elevator, Security Systems, Bicycle Storage, and more. Walking distance to everything...the location speaks for itself! *5.44% CAP RATE. Price/sqft $399.98* Opportunity is knocking...Grab it before it's Gone!!, Additional information: Appearance:Excellent,Interior Features:Lr/Dr
Location
State NY
County Queens
Rooms
Basement Finished, Full
Interior
Interior Features Eat-in Kitchen
Heating Baseboard
Flooring Hardwood
Fireplace No
Appliance Dishwasher, Electric Water Heater, Refrigerator
Exterior
Parking Features Private
Amenities Available Park
Private Pool No
Building
Lot Description Near Public Transit, Near School, Near Shops
Water Public
Level or Stories Multi/Split
Structure Type Brick
Schools
Elementary Schools Ps 95 Eastwood
Middle Schools Is 238 Susan B Anthony Academy
High Schools Cambria Heights Academy
School District Queens 29
Others
Senior Community No
Special Listing Condition None
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Bella Kahlon
Broker Associate | License ID: 10301222852
Broker Associate License ID: 10301222852