About 135-04 102nd Avenue
Built in 2020, this modern seven-unit free market building offers investors a rare opportunity to acquire a turnkey property in the heart of Queens. Constructed with reinforced concrete for long-term durability and minimal maintenance, the building is fully occupied with excellent tenants who each pay their own utilities, ensuring steady cash flow and low operating expenses. The property enjoys a highly visible location with direct exposure to the Van Wyck Expressway while also being centrally positioned near Jamaica Avenue, Liberty Avenue, Jamaica Hospital, and the Sutphin-Archer Metropolitan Transportation Hub, providing unmatched access to major transit including subway, LIRR, and multiple bus lines. The building generates a gross annual income of $213,144 with a net annual income of $155,325, making it an exceptional investment opportunity. With stable tenancy, strong income, and a prime location offering both visibility and accessibility in one of Queens’ most connected neighborhoods, this property is well-positioned to deliver both immediate returns and long-term growth potential.
Features of 135-04 102nd Avenue
| MLS® # | 902848 |
|---|---|
| Price | $3,499,999 |
| Bathrooms | 0.00 |
| Square Footage | 7,266 |
| Acres | 0.11 |
| Year Built | 2019 |
| Type | Commercial |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 135-04 102nd Avenue |
|---|---|
| City | Richmond Hill S. |
| County | Queens |
| State | NY |
| Zip Code | 11419 |
Additional Information
Listing Details
| Office | EXP Realty |
|---|---|
| Office Contact | 888-276-0630 |