For Sale Multi-Family MLS# 1044036

16411 Highland Avenue

Jamaica, NY 11432

$4,300,000

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About 16411 Highland Avenue

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.

Property details

Property

Type
multi
Year built
2018
Living area
12,844 sqft
Price / sqft
$335
Lot
0.1722 ac
List date
Aug 27, 2026

Schools

District
New York City Department Of Education

Location

Subdivision
Jamaica Hills
Neighborhood
Jamaica Hills

Location

Neighborhood
Jamaica Hills
School district
New York City Department Of Education

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Listed by Real Broker NY LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.