87-65 171st Street

Jamaica

$10,900,000
Price
37
Beds
31
Baths
27,252 Sq. Ft.
$400 / Sq. Ft.
27,252
Sq. Ft.
$400
per Sq. Ft.

Description

Excellent Investment Opportunity in the heart of Jamaica, Queens! Located within 2 blocks from 169th St Subway Station, this 2021-built 8 stories Apartment Building features 25 One Bedroom units, 6 Two Bedroom units, 16 indoor parking spaces, Common Laundry, and a 750 sqft Recreational area on the 8th Fl. Also has 30+ years of Tax Abatement, an Elevator, Security Systems, Bicycle Storage, and more. Walking distance to everything...the location speaks for itself! 5.44% cap rate. Price/sqft $399.98...Excellent Investment Opportunity in the heart of Jamaica, Queens! Located within 2 blocks from 169th St Subway Station, this 2021-built 8 stories Apartment Building features 25 One Bedroom units, 6 Two Bedroom units, 16 indoor parking spaces, Common Laundry, and a 750 sqft Recreational area on the 8th Fl. Also has 30+ years of Tax Abatement, an Elevator, Security Systems, Bicycle Storage, and more. Walking distance to everything...the location speaks for itself! 5.44% cap rate. Price/sqft $399.98 Opportunity is knocking... Grab it before it's Gone!
  1. Listed by Moniruzzaman R Majumder • Exit Realty Prime
    P: 718-262-0205 C: 718-262-0205 zamanny@gmail.com

Property Details for 87-65 171st Street

Township
Queens
Subdivision Name
Savani Residences
Architectural Style
High Rise
Community Features
Park,Near Public Transportation
Garage Spaces
.00
Section Area
Hillside Ave
Offer Presentation
Cannot be Present

Location

Listing Courtesy of Exit Realty Prime
Add your commute
LISTING UPDATED: 10/28/2023 12:52 PM

Property Details for 87-65 171st Street

StatusContract Signed
MLS ID3504150
Days on Market44
Taxes$30,000 / year
Maintenance-
Min. Down Pymt-
Total Rooms70.0
Compass TypeMulti Family
MLS TypeMulti Family
Year Built2021
Lot Size5,927 SF
CountyQueens County

Location

Listing Courtesy of Exit Realty Prime
Add your commute

Building Information for 87-65 171st Street

Stories-Residences31Year Built2021Building Size-Lot Size5,927 SFBuilding Age-Building Type-

Payment Calculator

$61,986 per month

30 year fixed, 7.25% Interest

Principal and Interest

$59,486

Property Taxes

$2,500

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 87-65 171st Street

Summary
Location and General Information
  • Development Name: Savani Residences
  • Complex Name: Savani Residences
  • Senior Community YN: No
  • MLS Area Minor: 14
  • Directions: Google Map
  • Tax Block: 9827
  • Tax Lot: 25
  • Property Attached: No
  • Structure Type: false
  • Levels: Three Or More
  • Property Condition: Excellent
  • New Construction YN: Yes
  • Flood Zone Report: 1
  • Flood Zone Date: 2023-09-15
  • Lot Size Source: Other
  • State Or Province: NY
School Information
  • School District: Queens 29
  • Elementary School District: Queens 29
  • Elementary School: Ps 95 Eastwood
  • Middle Or Junior School District: Queens 29
  • Middle Or Junior School: Is 238 Susan B Anthony Academy
  • High School District: Queens 29
  • High School: Cambria Heights Academy
Rental
Rental
  • Lease Considered: No
Unit Information
Unit Information
  • Building Units Total: 31
Room Information
Room 1 Information
  • Room Level: Basement
  • RoomDescription 1: Indoor Parking Spaces(9), Utility Rooms
Room 2 Information
  • Room Level: First
  • Room Description: Lobby Area, Storage , Bicycle Storage (16 Bicycles), Parking Spaces(7)
Room 3 Information
  • Room Level: Second
  • Room Description: One 2Bed/1Bath Apartment & Four 1Bed/1Bath Apartments
Room 4 Information
  • Room Level: Third
  • Room Description: One 2Bed/1Bath Apartment & Four 1Bed/1Bath Apartments
Room 5 Information
  • Room Level: Other
  • Room Description: 4th Floor, One 2Bed/1Bath Apartment & Four 1Bed/1Bath Apartments
Room 6 Information
  • Room Level: Other
  • Room Description: 5th Floor, One 2Bed/1Bath Apartment & Four 1Bed/1Bath Apartments
Room 7 Information
  • Room Level: Other
  • Room Description: 6th Floor, One 2Bed/1Bath Apartment & Four 1Bed/1Bath Apartments
Room 8 Information
  • Room Level: Other
  • Room Description: 7th Floor, One 2Bed/1Bath Apartment & Four 1Bed/1Bath Apartments
Room 9 Information
  • Room Level: Other
  • Room Description: 8th Floor, One 1Bed/1Bath Apartment, Recreation Room, Common Laundry
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 09827-0025
  • Tax Map Number: 09827-0025
Income & Expenses Information
Income & Expenses Information
  • Maintenance Expense: $10,000.00
  • Fuel Expense: $7,500.00
  • Other Expense: $30,000.00
Interior and Exterior Features
Interior Features
  • Amenities: A/C Units, Balcony, Dishwasher, Eat in Kitchen, Elevator, Fire Splinkler System, Hardwood Floors As Seen, High Rise, Intercom, Living Room/Dining Room Combo, Near Public Transportation, Park, Public, Refrigerator, Security System
  • Interior Features: Eat-in Kitchen, Elevator, Living Room/Dining Room Combo
  • Appliances: Dishwasher,Oven,Refrigerator
  • Number Of Kitchens: 31.0
  • Total Rooms: 70
  • Living Area: 27252.0
  • Living Area Units: Square Feet
  • Basement: Finished, Full
  • Fireplaces Total: 0
  • Location Amenities: Near Public Transportation, Balcony, Hardwood Floors As Seen, Eat in Kitchen, Elevator, Living Room / Dining Room, Security System, Sprkinler Fire Sys
  • Security Features: Security System,Fire Splinkler System
  • Common Walls: No Common Walls
  • Flooring: Hardwood
  • Inclusions: A/C Units,Dishwasher,Intercom,Refrigerator
Exterior Features
  • Exterior Features: Balcony
  • Exterior Property Features: Balcony, Private, Park, Near Public Transportation, Near Public Transit
  • Elevation Certificate: Yes
  • Construction Materials: Brick
Lot Information
  • Lot Features: Near Public Transit
  • Lot Size Dimensions: 64.42x92
  • Site Features: Park, Near Public Transportation, Near Public Transit
  • Building Area Units: Square Feet
Parking
  • Parking Features: Private
  • Attached Garage: No
  • Garage: No
Utilities
  • Cooling: Yes
  • Cooling: Wall Unit(s)
  • Heating: Natural Gas, Baseboard
  • Heat Fuel Type: Natural Gas, Baseboard
  • Hot Water: Electric Stand Alone
  • Number Of Separate Gas Meters: 32
  • Sewer: Sewer
  • Water Source: Public
  • Number Of Separate Electric Meters: 32
Green Features
  • Green Features: Dishwasher, Oven, Refrigerator, Natural Gas, Baseboard, Balcony

Property History for 87-65 171st Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 87-65 171st Street

This home is within New York City Geographic District #29.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
P.S. 95 Eastwood
PublicK to 5

Is 238 Susan B Anthony
Public6 to 8

Excelsior Preparatorty High School
Public9 to 12

P.S. Is 208
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Exit Realty Prime

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