Maria Smith
Property Description
Turnkey 12-unit investment opportunity in Queens! Built approximately four years ago, 164-11 Highland Avenue generates over $30,000 per month in gross income, with strong rent collections, minimal operating expenses and exceptionally low property taxes. Producing an approximate $300,000 NOI and offered at approximately a 7% cap rate, this modern, stabilized multifamily asset delivers immediate cash flow with low-maintenance ownership.
16411 Highland Avenue | MLS# 1044036
This commercial property located at 16411 Highland Avenue , Jamaica, NY 11432 is currently listed for sale with an asking price of $4,300,000. Highland Avenue is located within the Queens 28 school district. Search Jamaica real estate on maria-smith.timberlandproperties.com today.
Gallery
Property Features
Property Type: Commercial -
Basement: Full
Basement: Yes
Cooling: Central Air
Heating: Natural Gas
Lot Size: 0.17 Acres
Taxes: $3,694
Year Built: 2018
Feature Descriptions
Building Area Total: 12844
Days on Site: 3
Exterior: Unknown
On Market Date: 2026-08-27
Parcel Number: 09846-0010
Parking Features: Other
Rental Term: Monthly
Sewer: Public Sewer
Units: 12
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
Water: Public
Local Schools
School District: Queens 28
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16411 Highland Avenue , Jamaica, NY 11432
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Demographics
Listed By / Shown By
Listing By
Agency Name: Real Broker NY LLC
Agency Contact: 855-450-0442
Shown By
Agent Name: Maria Smith
Agent Phone: (516) 606-5150 Cell
Agency Title: Timberland Properties
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16411 Highland Avenue , Jamaica, NY 11432
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