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MultiFamily Property with 9.6% Cap Rate at 138-27 91st Avenue

MultiFamily Property with 9.6% Cap Rate at 138-27 91st Avenue
FOR SALE

$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

Download

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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