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About This Home

This 7-bedroom, 3-bathroom residential multi family at 16920 107th Avenue in Jamaica, NY is listed for $1,749,000. Built in 1910, on a 0.05 acres lot.

Agent Description

Welcome to this unique three-family home, a strong income producing property with low operating expenses offering an excellent opportunity for both investors and owner-occupants. The property features two spacious 3-bedroom units on the first and second floors, along with a 1-bedroom unit on the third floor.

Each unit offers an open-concept layout and has been updated with new flooring, kitchens, and bathrooms. Projected rental income can reach up to $10,000 per month, with low operating expenses, including taxes of just $1,185 annually. Each unit has separate gas and electric meters, with tenants responsible for their own utilities.

The Owner's main expense is the heat during the winter months. Additionally all units will be delivered vacant providing another excellent opportunity for any new owner to purchase this home and create their ideal living situation.

Key Features

  • Built in 1910
  • 0.05 acre lot
  • 2 parking spaces

Property Details

3 full
2 spaces
1910

Amenities

Hardwood

Monthly Cost Estimate

$9,354/mo

20% down · 6.5% · 30 years

Principal$1,265
Interest$7,579
Insurance$510

Estimates only. Actual payments may vary.

Location

16920 107th Avenue

Jamaica, NY 11433

Features & Amenities

Interior Features

First Floor BedroomFirst Floor Full BathEat-in KitchenGranite CountersHigh CeilingsHis and Hers ClosetsKitchen IslandOpen FloorplanOpen KitchenSoaking TubStorageWalk Through KitchenWalk-In Closet(s)Washer/Dryer Hookup

Property Details

Flooring

HardwoodLaminate

Construction

Advanced Framing Technique

Parking

Driveway

Heating

Natural Gas

Questions & Answers

This 7-bedroom, 3-bathroom residential multi family at 16920 107th Avenue is listed at $1,749,000. The estimated monthly payment is $7,579 based on 20% down at 6.5% interest.

Key features include: Built in 1910, 0.05 acre lot, 2 parking spaces. Interior Features: First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen.

This property is listed by Matthew Langer and can be reached at 7184799200 or matthew@langerhomes.com.

ML

Matthew Langer

Agent at Weichert Realtors Langer Homes

(718) 479-9200

Listed by Weichert Realtors Langer Homes · View on Broker Site

MLS# 972459· Source: listhub· Updated 78 days ago

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16920 107th Avenue, Jamaica, NY 11433

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