Jamaica, NY 11432,87-65 171st ST

$10,500,000

$10,900,000

3.7%
Est.Price: ?

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Est. payment /mo

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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Listed by Exit Realty Prime
Bought with Exit Realty Prime

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agent

Luciane Serifovic

CEO & FOUNDER | License ID: 10491208575

+1(917) 567-8767

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