$1,295,000
$104K PRICE DROP

Estimated payment $7,484/month

Total Views 3,271
6 Beds
4 Baths
2,300 Sq Ft
$563 Price per Sq Ft

About This Home

Fully Renovated Legal 3-Family Investment Property in Downtown Jamaica, Queens – 8.4% Cap Rate Potential!

Discover this exceptional, fully renovated legal 3-family home in the heart of Downtown Jamaica, Queens—a prime investment opportunity with a strong 8.4% cap rate potential!

Property Highlights:
? Upgraded from Top to Bottom – Featuring a new roof, siding, plumbing, electrical, windows, kitchens, baths, and flooring for worry-free ownership.
? Flexible Layout – Configured as a 1-bedroom, 2-bedroom, and 3-bedroom rental, maximizing income potential.
? Separate Utilities – Each unit has its own boiler and water tank, ensuring tenant convenience and cost efficiency.
? Parking & Storage – Includes a two-car garage and a full basement with a separate entrance for added functionality.
? Unbeatable Location – Just minutes from the E, J, Z trains, LIRR, and AirTrain, making commutes seamless. The AirTrain connects to JFK Airport in just 10 minutes!
? Thriving Downtown Jamaica – Surrounded by new high-rises, trendy eateries, shopping, and a growing business hub, offering an ideal live-work-play environment.

Whether you’re an investor seeking strong cash flow or an owner-occupant looking for rental income, this turnkey property is a rare find in a rapidly revitalizing neighborhood!

Listing Agent

Nadine Mohs

Jaymore Realty LLC Brokerage Phone: 718-216-0633 License #10491203159 Listed on: 05/08/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,138

Year Built

  • Built in 1920

Parking

  • 2 Car Garage

Home Design

  • Triplex
  • Frame Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 4 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Additional Features

  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • 2,500 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 10086-0008

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,138

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property SubType: Triplex
  • Year Built: 1920
  • Attribution Contact: 718-216-0633
  • Carport Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, First Floor Full Bath
  • Flooring: Hardwood
  • Full Bathrooms: 4
  • Basement: Finished, Full
  • Total Bedrooms: 6
  • Fireplace: No
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Frame
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Cooling: None
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Available, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.0574
  • Lot Size Sq Ft: 2500
  • Building Area Total: 2300
  • Parcel Number: 10086-0008
  • Property Attached: No

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 5137.56
  • Tax Year: 2024

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,138 $25,580 $6,989 $18,591
2024 $5,138 $25,579 $7,386 $18,193
2023 $5,087 $25,326 $6,444 $18,882
2022 $3,577 $49,380 $14,640 $34,740
2021 $4,750 $43,920 $14,640 $29,280
2020 $4,512 $44,280 $14,640 $29,640
2019 $4,459 $38,580 $14,640 $23,940
2018 $4,302 $21,105 $10,818 $10,287
2017 $4,059 $19,911 $9,013 $10,898
2016 $3,760 $19,911 $9,013 $10,898
2015 $2,266 $17,764 $10,243 $7,521
2014 $2,266 $17,764 $10,818 $6,946
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 Price Changed $1,295,000 -90.0% $563 / Sq Ft
07/28/2025 07/28/25 Price Changed $12,950,000 +825.7% $5,630 / Sq Ft
05/08/2025 05/08/25 For Sale $1,399,000 -- $608 / Sq Ft
Source: OneKey® MLS

Purchase History

Date Type Sale Price Title Company
Deed $800,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $910,000 Unknown
Closed $80,000 Unknown
Closed $720,000 Purchase Money Mortgage
Source: Public Records

Similar Homes in the area

  • 154-04 107th Ave, Jamaica, NY 11433

    $950,000

    • 5 Beds
    • 3 Baths
    • 2,000 Sq Ft
    • 154-04 107th Ave
    • Jamaica, NY

    Charming Brick 2-Family Home in the Heart of Jamaica!Welcome to this spacious and well-maintained attached brick 2-family home featuring a total of 5 bedrooms and 3.5 bathrooms—perfect for extended families or savvy investors! Each unit offers its own living and dining rooms.Step inside the inviting foyer, which sets the tone for the warmth and character found throughout the home. The layout is

    Carmen Lopez SkyLimit Realty Group

    Section Image
  • 11422 174th St, Jamaica, NY 11434

    $943,000

    • 4 Beds
    • 3 Baths
    • 2,105 Sq Ft
    • 11422 174th St
    • Jamaica, NY

    *PRIVATE SHOWING BY APPT ONLY * Property is currently being sold with the tenant in place until further notice regarding their move-out date.Welcome to a prime investment opportunity in the heart of Saint Albans, Queens! This well-maintained legal duplex multifamily offers a rare chance to own in one of Queens' most sought-after neighborhoods.Conveniently located near the Q4, Q5, Q84, and Q85 bus

    Denzel George Douglas Elliman Real Estate

    Section Image
  • 130-16 130th St, Jamaica, NY 11420

    $1,100,000

    • 6 Beds
    • 3 Baths
    • 1,998 Sq Ft
    • 130-16 130th St
    • Jamaica, NY

    South Ozone Park Multi-Family Gem.Beautifully maintained home featuring 6 bedrooms, 2.5 baths, 2 eat-in kitchens, and bright open living/dining spaces. Extras include a pantry, walk-in closet, laundry room, high ceilings, and a finished basement with outside entrance. Enjoy a versatile yard with both green space and patio area, plus a detached garage and private driveway with parking for up

    Jessica Alejo Cosmo Group Realty

    Section Image
  • 83-16 159th St, Jamaica, NY 11432

    $1,090,000

    • 5 Beds
    • 3 Baths
    • 83-16 159th St
    • Jamaica, NY

    All-brick legal two-family home in a highly desirable area! The first-floor apartment includes a living room, dining room, eat-in kitchen, two bedrooms, and a full bath. The full, finished basement features two additional bedrooms, a full bath, and a separate entrance. The second apartment offers a spacious layout with two bedroom, a living room, a dining room, and a full bath. The attic

    Vera Mair Exit Realty First Choice

    Section Image
  • 10317 Plattwood Ave, Ozone Park, NY 11417

    $1,299,000

    • 6 Beds
    • 2 Baths
    • 2,160 Sq Ft
    • 10317 Plattwood Ave
    • Ozone Park, NY

    Located in the heart of Ozone Park, 103-17 Plattwood Avenue is a solid all-brick 2-family home3 bed, 1 bath over 3 bed, 1 bath with a full finished walkout basement. Hardwood floors, high ceilings, and large windows provide great natural light throughout. The layout is clean and functional, with gas heat and a well-maintained interior.The home sits on a 2,481 sq ft lot with a large

    Abraham Ortiz Voro LLC

    Section Image
  • 116-33 Mexico St, Jamaica, NY 11412

    $1,149,999

    • 5 Beds
    • 3 Baths
    • 1,776 Sq Ft
    • 116-33 Mexico St
    • Jamaica, NY

    Discover this fully renovated 2-family home in the heart of Jamaica, NY! Situated on an 4,000 sq. ft. lot with 1,776 sq. ft. of living space, this property offers a private driveway and an extra-large garage for ample parking and storage.The first floor features 3 bedrooms, 1.5 bathrooms, a spacious living room, and an eat-in kitchen. The second floor includes 2 bedrooms, 1 bathroom, a

    MD Huda (Shuvo) Elite Synergy Realty Inc

    Section Image
  • 191-11 119th Ave, Saint Albans, NY 11412

    $1,150,000

    • 4 Beds
    • 4 Baths
    • 1,256 Sq Ft
    • 191-11 119th Ave
    • Saint Albans, NY

    Exceptional Multi-Family Home in the Heart of Saint Albans! Welcome to this well-maintained multi-family residence offering incredible versatility and space in one of Saint Albans’ most convenient locations. This spacious property features multiple units, each with its own private entrance, full kitchen, and bathroom—making it perfect for extended families or those seeking flexible living

    Raj Jaggi Voro LLC

    Section Image
  • 191-15 119th Ave, Saint Albans, NY 11412

    $1,250,000

    • 4 Beds
    • 4 Baths
    • 2,030 Sq Ft
    • 191-15 119th Ave
    • Saint Albans, NY

    Exceptional Multi-Family Home in the Heart of Saint Albans!Welcome to this well-maintained multi-family residence offering incredible versatility and space in one of Saint Albans’ most convenient locations. This spacious property features multiple units, each with its own private entrance, full kitchen, and bathroom—making it perfect for extended families or those seeking flexible living

    Raj Jaggi Voro LLC

    Section Image
  • 145-19 Guy R Brewer Blvd, Jamaica, NY 11434

    $1,150,000

    • 6 Beds
    • 5 Baths
    • 2,500 Sq Ft
    • 145-19 Guy R Brewer Blvd
    • Jamaica, NY

    WELCOME TO THIS CUSTOM BRAND NEW GROUND UP CONSTRUCTION LEGAL 2 FAMILY HOME LOCATED IN SPRINGFIELD GARDENS QUEENS . THIS CUSTOM BUILT HOME HAS 6 BEDROOMS 5 BATHROOMS FULL FINISHED BASEMENT . BEEAUTIFUL OPEN CONCEPT FLOOR PLAN . PROPERTY IS LOCATED CLOSE TO SHOPS TRANSPORTATION AND HOUSE OF WORSHIP. PERFECT TIME TO PICK YOUR COLORS

    Cheryl Rosenthal Realty Trends Corp

    Section Image

Source: OneKey® MLS

MLS Number: 859506

OneKey® MLS

APN: 10086-0008