Buy with Yoreevo
$5,403,750
List Price: $5,500,000
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170-14 89th Avenue

House in Jamaica •  building info
studio • 2,500ft² • $2,200 per ft²
Buy with Yoreevo

$5,403,750

List Price

$5,500,000

Key Details
Days on market
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Last price change
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Estimated payment
$31,530/mo
Taxes
$243/mo
Maintenance
N/A
Description
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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Building amenities
Services and facilities
Parking Available
Building info
History
What it'll cost
Purchase price
$5,500,000
Asking Price: $5,500,000
Term
30 Years
Down Payment
$550,000 (10%)
Min: 10% (550,000)
Rate
6.5 %
Mortgage Amount
$4,950,000
Mortgage Payment
$31,287
Taxes
$243
Estimated Yoreevo rebate
$96,250
Estimated closing cost
$250,000
Total monthly cost $31,530
Buy your dream home with us and get an estimated
$96,250 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of E Realty International Corp

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