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16411 Highland Avenue Jamaica, NY $ 4,300,000
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$ 4,300,000 Get more info
16411 Highland Avenue
$ 4,300,000
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16411 Highland Avenue

Jamaica, NY, 11432
$ 4,300,000
Bedrooms-- Baths-- Sq 12,844

Monthly Estimate*

$ 27,151

16411 Highland Avenue, Jamaica, NY 11432 - Image 1

Commercial Property for sale in Jamaica, NY

for $4,300,000. This 12,844 square foot building was built in 2018 on a lot size of 0.1722.

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.

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Commercial Active

Price

$ 4,300,000

Property Type

Commercial

Taxes

$ 3,694

Style

Multi Family

Lot Size

0.1722

Year Built

2018

Town/City

Jamaica

County/Region

Queens

MLS | Web ID

1044036
Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Utilities Cable Connected Electricity Connected Natural Gas Connected
Zoning R5
Construction Materials Unknown
Year Built 2018
Property Subtype Multi Family
Tax Year 2026
Parcel Number 09846-0010
County Queens
Property Type Commercial Sale
City New York
High School District Queens 28
Number Of Units Total 12
Property Attached Y/N N
Tax Annual Amount 3694
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Queens 28
Elementary School District Queens 28
Tax Assessed Value 1014300
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Interior
Basement Full
Basement Features Full
Basement (Y/N) Y
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Exterior
Parking Features Other Other
Water Source Public
Building Area Total 12844
Waterfront Y/N N
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Internal Only
Street Number 1 16411
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* Excluded Features
List By
Monica Soyemi

Listing Agent

Real Broker Ny Llc

Broker

855-450-0442

Contact

Affordability Calculator

$27,458
Per Month
99%
1%
0%
Monthly Principal & Interest
$27,151
Monthly Property Taxes
$308
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4099254 Elementary School
4880647 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/27/2026$4,300,000 Listed Price

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16411 Highland Avenue, Jamaica, NY, 11432 is a Commercial Property for sale at $4,300,000 with 12,844 sqft and a lot size of 0.1722. 16411 Highland Avenue was built in 2018. The property's zip code is 11432 which is in Jamaica, NY

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