$10,500,000
$10,900,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
37 Beds
31 Baths
SOLD DATE : 04/23/2025
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 L3504150
Bedrooms 37
Full Baths 31
Year Built 2021
Annual Tax Amount $30,000
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
Interior
Heating Baseboard
Flooring Hardwood
Exterior
Parking Features Private
Amenities Available Park
Building
Lot Description Near Public Transit, Near School, Near Shops
Water Public
Structure Type Brick
Schools
Elementary Schools Ps 95 Eastwood
Middle Schools Is 238 Susan B Anthony Academy
High Schools Queens 29
School District Queens 29
Others
Special Listing Condition None
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Bought with Exit Realty Prime