0 Address Witheld

Queens, NY 11434

Property price:
$15,000,000
Property features:
    Presented by:
    Contact agent
    Property description:

    77 Unit Multifamily Apartment Building located in Queens, NY.  Cap 4.65 %

    Upside potential: $55,000 parking lot rental (currently not rented).

    Area Property Description:
    Jamaica
    Neighborhood of Queens
    Neighborhood of Jamaica
    Frederick Ruckstull's Soldiers' and Sailors' Monument (1896) in Major Mark Park
    Frederick Ruckstull's Soldiers' and Sailors' Monument(1896) in Major Mark Park
    Jamaica is located in New York City
    Jamaica
    Jamaica
    Coordinates: 40°42′13″N 73°47′56″WCoordinates40°42′13″N 73°47′56″W
    Country  United States
    State  New York
    City  New York City
    Borough  Queens
    Languages[1]
    Area
     • Total 2.670 sq mi (6.92 km2)
    Population (2010)
     • Total 217,000
     • Density 81,000/sq mi (31,000/km2)
    Ancestries 2010[2]
     • Black 48.2%
     • Hispanic 22.1%
     • White 19.9%
     • Asian 10.5%
     • Other 9.4%
    ZIP Code 11423, 11432, 11433, 11434, 11435, and 11436
    Median household income $48,559[3]
    Jamaica is a middle-class neighborhood in the New York City borough of Queens. The neighborhood is part of Queens Community Board 12, which also includes HollisSt. AlbansSpringfield GardensBaisley Pond ParkRochdale Village, and South Jamaica.[4] The NYPD's 103rd, 113th & 105th Precincts patrol Jamaica.[5] It was settled under Dutch rule in 1656 in New Netherland as Rustdorp.[6][7] Under British rule, Jamaica became the center of the "Townof Jamaica". Jamaica was the county seat of Queens County from the formation of the county in 1683 until March 7, 1788, when the state government reorganized the town and the county seat moved to Mineola (now part of Nassau County). In 1814, Jamaica became the first incorporated village on Long Island. When Queens was incorporated into the City of Greater New York in 1898, both the Town of Jamaica and the Village of Jamaica were dissolved, but the neighborhood of Jamaica regained its role as county seat. Today, some locals group Jamaica's surrounding neighborhoods into an unofficial Greater Jamaica, roughly corresponding to the former Town of Jamaica, including Richmond HillWoodhavenSt. AlbansRosedaleSpringfield GardensHollisLaureltonCambria HeightsQueens VillageHoward Beach and Ozone Park.[8] Jamaica is the location of several government buildings including Queens Civil Court, the civil branch of the Queens County Supreme Court, the Queens County Family Court and the Joseph P. Addabbo Federal Building, home to the Social Security Administration's Northeastern Program Service Center.[9] The U.S. Food and Drug Administration's Northeast Regional Laboratory as well as the New York District Office are also located in Jamaica. Jamaica Center, the area around Jamaica Avenue and 165th Street, is a major commercial center, as well as the home of the Central Library of the Queens Borough Public Library. The New York Racing Association, based at Aqueduct Racetrack in South Ozone Park, lists its official address as Jamaica (Central Jamaica once housed NYRA's Jamaica Racetrack, now the massive Rochdale Village housing development). John F. Kennedy International Airport and the hotels nearby also use Jamaica as their address. From Wikipedia, the free encyclopedia
    Property price:
    $15,000,000
    Presented by:
    Howell Silverman
    • Mobile: 516-749-4511
    • Office: 516-749-4511
    • Fax:
    View profile
    Contact agent
    • Listing Date: 04/21/2018
    • Updated Date: 04/21/2018
    • Lot Size: 18,164 Sqft
    • Building Size: 63,000 Sqft
    • Available Space: 63,000 Sqft

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