MLS#1044036
STATUSActive
PROPERTY TYPECommercial -
SCHOOLQueens 28
Property Description
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 Features
Property Type: Commercial -
Basement: Full
Basement: Yes
Cooling: Central Air
Heating: Natural Gas
Lot Size: 0.17 Acres
Taxes: $3,694
Year Built: 2018
Feature Descriptions
Building Area Total: 12844
Days on Site: 5
Exterior: Unknown
On Market Date: 2026-08-27
Parcel Number: 09846-0010
Parking Features: Other
Rental Term: Monthly
Sewer: Public Sewer
Units: 12
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
Water: Public
Local Schools
School District: Queens 28
Listed By / Shown By
Listing By
Agency Name: Real Broker NY LLC
Agency Contact: 855-450-0442
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/02/2026. The listing information on this page last changed on 09/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 09/02/2026 10:37:51 AM EST) or GSMLS (last updated Wed 09/02/2026 10:25:23 AM EST) or SMART MLS (last updated Wed 09/02/2026 10:29:07 AM EST) or New York State Alliance MLS (last updated Wed 09/02/2026 10:32:16 AM EST) or Hudson Valley Catskill Region MLS (last updated Wed 09/02/2026 10:32:01 AM EST) or My State MLS (last updated Wed 09/02/2026 10:30:32 AM EST) or Berkshire MLS (last updated Wed 09/02/2026 10:13:23 AM EST) or OneKey MLS (last updated Wed 09/02/2026 10:28:29 AM EST). Real estate listings held by brokerage firms other than Coldwell Banker Choice Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Privacy Policy / DMCA Notice / ADA Accessibility
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --
Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
16411 Highland Avenue | MLS# 1044036
This commercial property located at 16411 Highland Avenue , Jamaica, NY 11432 is currently listed for sale with an asking price of $4,300,000. Highland Avenue is located within the Queens 28 school district. Search Jamaica real estate on www.coldwellbankerchoice.com today.