135-04 102nd Avenue Richmond Hill S., NY 11419

Single Family Attached MLS #: 902848 Courtesy Of eXp Realty

Property InformationDescription

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.
MORTGAGE CALCULATOR

Features

  • Age: 6-10 Years Old
  • Architecture Style: Other
  • Building Units: 7
  • Cooling System: Central Air
  • Cooling System: ENERGY STAR Qualified Equipment
  • Exterior Type: ICFs (Insulated Concrete Forms)
  • Exterior Type: Brick
  • Exterior Type: Block
  • Exterior Type: Concrete
  • Heating System: Electric (Heating)
  • MLSID: 902848
  • Rooms: Basement

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135-04 102nd Avenue, Richmond Hill S., NY 11419
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