MultiFamily Property with 9.6% Cap Rate at 138-27 91st Avenue
$1,469,999
138-27 91st Avenue, Jamaica, NY 11435
6
Units
200.0K
PPU
Property Description
Units
6 — PPU: 200.0K
9.6%+ Cap Rate - $12k+/mo. Guaranteed Income- Fully Occupied Investment. 8 bed 4 bath + basement + attic.
Corner Property. Excellent opportunity to own a strong income-producing multi-family property offered at an attractive price. This well-maintained building generates high rental income and is ideal for investors seeking immediate cash flow. Located just minutes from the LIRR station, providing excellent commuter convenience. Features include separate utilities, spacious units, and consistent rental demand in the area. Property to be delivered with tenants in place or optional vacant. All information deemed reliable but not guaranteed; buyers to verify all details.
Property Details
Asset Type
MultiFamily
Neighborhood
Jamaica
Submarket
Jamaica
ZIP
11435
Listing Type
sale
Offering Memorandum
Net Operating Income (NOI)
$0
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)
-$83,623
Cash-on-Cash Return
-22.75%
Monthly Debt Service
$6,969
Annual Debt Service
$83,623
View on Map
Address
138-27 91st Avenue
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Jamaica MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale
No investors found in this market.
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