NY
Queens
Jamaica
11432
16411 Highland Avenue
16411 Highland Avenue, Jamaica, NY 11432
Share Listing
Listing Type
Commercial/Industrial
Listing Status
Active
1
$4,300,000

Home Details for 16411 Highland Avenue

Price
$4,300,000
Type
Commercial Sale
Year built
2018
Lot size acres
0.1722
County
Queens
Basement
Full
MLS Listing#
1044036
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.

Property Features
  • Utilities
    • Natural Gas Available
    • Cable Connected
    • Electricity Connected
    • Natural Gas Connected
  • Cooling Information
    • Central Air
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
  • Parking
    • Other
  • Basement
    • Full
Listing Courtesy: Real Broker NY LLC - 855-450-0442
Presented by: Monica Soyemi
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 OneKey MLS. All Rights Reserved
Fair Housing Notice
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from OneKey MLS.
EXIT REALTY PRIME
189-10 Hillside Ave, Suite E, Hollis, NY 11423
Office
718 262 0205
Request more details
Code: