Shannon Heyman
BEDS0
BATHS
MLS#1072925
STATUSActive
PROPERTY TYPECommercial -
SCHOOLQueens 29
Property Description
Prime Jamaica investment - fully occupied 10-unit elevator building, built in 2022. Current rent roll: $27,404.70/month ($328,856.40/year). Approximately 31 years remain on a 35-year tax abatement, keeping property taxes at just $2,911/year. Unit mix: three 1-bedroom duplexes with an extra room, plus seven 1-bedroom, 1-bath apartments. Minimal owner expenses - the landlord pays water only; tenants cover electricity, hot water, heating, and cooling. Just two blocks from Hillside Avenue and a 3-minute walk to the F train. Newer construction, low operating costs, and long-term tax benefits - a turnkey income property in the heart of Jamaica.
Property Features
Property Type: Commercial -
Basement: Yes
Basement: Full
Cooling: Electric
Heating: Electric
Taxes: $2,911
Year Built: 2022
Feature Descriptions
Building Area Total: 9202
Exterior: Brick
On Market Date: 2026-11-11
Parcel Number: 09805-0054
Parking Features: Off Street
Rental Term: Monthly
Sewer: Public Sewer
Units: 10
Utilities: Electricity Connected
Water: Public
Local Schools
School District: Queens 29
Listed By / Shown By
Listing By
Agency Name: Billion Homes Realty Corp
Agency Phone: 718-516-5888
Shown By
Agent Name: Shannon Heyman
Agent Phone: (631) 240-6185
Agency Title: Howard Hanna | Coach Realtors
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170-14 89 Avenue | MLS# 1072925
This commercial property located at 170-14 89 Avenue , Jamaica, NY 11432 is currently listed for sale with an asking price of $5,500,000. 170-14 89 Avenue is located within the Queens 29 school district. Search Jamaica real estate on www.shannonheyman.com today.