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Single Family House for Sale in Jamaica, New York, Queens, NY 11432 | Web ID: 859306 | $1,400,000

 
Single Family in New York - 172nd  Queens, NY 11432
 

Property Description

The Three-family Detached Home At 88-30 172nd St, Jamaica, Ny 11432, (2/3 Floors Del. Vacant) Is A Standout Investment Opportunity, Offering 10 Bedrooms, 4 Bathrooms, And A Fully Finished Basement Across Its 2, 852 Sqft Structure On A 40x100 Ft (4, 000 Sqft) Lot Zoned R4-1, Ideal For Multi-unit Residential Development. Configured As Three Independent Units (1st Floor: 4bd/2ba, 2nd Floor: 4bd/1ba, 3rd Floor: 3bd/1ba) With A Basement Featuring An Additional Bathroom, This Property Maximizes Rental Income Potential, While The 4-car Driveway Adds Rare Parking Convenience In An Urban Setting. Low Annual Taxes And R4-1 Zoning—which Permits Medium-density Housing—allow Flexibility For Expansion, Conversions, Or As-of-right Upgrades To Boost Value. The Finished Basement Could Serve As A Fourth Rental Unit Or Shared Amenities, Enhancing Cash Flow. Located In Jamaica, A Transit-rich Neighborhood With Proximity To Nyc Commuter Hubs, This Property Caters To Investors Seeking High-yield Rentals, House-hacking, Or Value-add Projects. *sold As-is*, Its Turnkey Setup And Scalability Make It A Prime Asset For Leveraging Queens’ Robust Rental Demand, With Room To Modernize Or Reconfigure Layouts For Higher Returns. Due Diligence On Zoning And Renovation Feasibility Is Advised To Unlock Its Full Potential.all

Property Information

Location/Town New York
Area/County Queens
Post Office/Postal City Jamaica
Prop. Type Single Family House for Sale
Style Colonial
Tax $9,298.00
Bedrooms 8
Total Rooms 20
Total Baths 4
Full Baths 4
Year Built 1920
Basement Finished, Full
Construction Aluminum Siding, Brick
Lot SqFt 3,392
Cooling None
Heat Source Baseboard
Util Incl Electricity Connected, Natural Gas Connected
Days On Market 7
Tax Assessed Value 76800
School District Queens 29
Middle School Is 238 Susan B Anthony Academy
Elementary School Ps 95 Eastwood
High School Cambria Heights Academy
Features First floor bedroom
Listing information courtesy of: Best American Homes Inc

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Tel: 718-896-0777
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Fax: 718-896-7020

 

 

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  • 103-13 Queens Blvd., Forest Hills, NY 11375
  • Email: info@realtydepotny.com
  • Phone: 718-896-0777
  • Fax: 718-896-7020

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