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170-14 89th AvenueJamaica, NY 11432Price: $5,500,000

  • Price: $5,500,000
  • 5 Days on Market
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Federal 30-year interest rate: 7.32% last updated on Oct 22, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $5,500,000List Price
  • 0.06Acreage

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Excellent investment opportunity in the heart of Jamaica! This 4-year-old, 10-unit building benefits from approximately 31 years remaining on a 35-year tax abatement. The unit mix includes three 1-bedroom duplex apartments with an additional room and one bathroom each, plus seven 1-bedroom, 1-bathroom apartments. Located just two blocks from Hillside Avenue and approximately a 3-minute walk to the subway. The building's newer construction helps keep maintenance costs low. The landlord pays only for water, while tenants are responsible for electricity, hot water, heating, and cooling. A compelling investment opportunity with convenient transit access, long-term tax benefits, and low owner-paid operating expenses.

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Listed by Liang Liu of E Realty International Corp (718-886-8110)

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of October 26, 2026 5:48 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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