$4,200,000

16411 Highland Avenue, Jamaica, NY 11432

12,844 sqft

Multi-Family Home
Built in 2018
7,501sqft lot
—— car garage
$327/sqft
Listed 1 month ago

Property Description

Turnkey 12-unit investment opportunity in Queens! Built approximately four years ago, 164-11 Highland Avenue generates over $30,000 per month in gross income, with strong rent collections, minimal operating expenses and exceptionally low property taxes. Producing an approximate $300,000 NOI and offered at approximately a 7% cap rate, this modern, stabilized multifamily asset delivers immediate cash flow with low-maintenance ownership.

Listing Status:: Active
Data Last Updated:: October 8, 2026 at 5:21PM
Listing Office:: Real Broker NY LLC : 855-450-0442
MLS ID:: 1044036

Basement: Full
A/C: Central Air
Heating: Natural Gas

Parking: Other

Originating MLS: onekey2
School District: Queens 28
County: Queens

Zoning: R509846-0010

Utilities: Cable ConnectedElectricity ConnectedNatural Gas Connected
Water: Public
Sewer: Public Sewer

Source: onekey2

This listing courtesy of Real Broker NY LLC

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Principal & Interest $
Property Taxes $
Home Insurance $
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