Attention all investors, this is your chance to own a BRAND NEW BUILDING in Jamaica, Queens! 129-24 Merrick Blvd. features 4 floors, and 8 apartments with a 9% Cap Rate. The building will be delivered with full occupancy, with CITYFHEPS tenants and leases. Each unit features an open layout concept with two bedrooms, 1 bathroom, a kitchen with brand-new stainless steel appliances, and a living/dining room. Don't miss out on this exceptional opportunity to own a new building with substantial income potential.
Property Details
Property Features
Property Information:
Architectural Style: Contemporary
Year Built: 2024
Living Area: 8,387 SqFt
Listing Office:
Office Name: Commerce Realty Group
Office Phone: (718) 380-3292
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 8
Total Bedroom Count: 16
Exterior Features
Parking Information:
Attached Garage: No
Parking: Private, Driveway
Lot Features
Lot Information:
Lot Size: 0.10 Acres
Utilities
Utilities Information:
Heating: Electric
Cooling: Central Air
Other
Directions Information:
Directions: GOOGLE
Price Information
Listing Price Info
Price Summary:
List Price: $3,750,000
Price Per SqFt: $447/SqFt
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Housing Market Comparison
See how this home compares to others in New York, NY.
This property is $2.9M more than the Median Sold Price and $193/SqFt less than other homes in New York, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: ONEKEY
MLS Number: #3524353
Listing Office:
Office Name: Commerce Realty Group
Office Phone: (718) 380-3292
Listings courtesy of OneKey MLS as distributed by 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.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This 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.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2024, OneKey™ MLS. All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 5/2/2024, 11:56:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Cynthia Jenkins School
17937 137th Ave
Distance between this listing and this school0.09 miles
Public District Grades PK-5
6
/10
Merrick Academy-Queens Public Charter School
13625 218th St
Distance between this listing and this school0.28 miles
Public Charter Grades KG-6
6
/10
PS 176 Cambria Heights
13255 Ridgedale St
Distance between this listing and this school0.40 miles
Public District Grades PK-5
Nearby Schools
5
/10
Intermediate School 59 Springfield Gardens
13255 Ridgedale St
Distance between this listing and this school0.40 miles
Public District Grades 6-8
4
/10
PS 156 Laurelton
22902 137th Ave
Distance between this listing and this school0.85 miles
Public District Grades KG-8
4
/10
Queens United Middle School
22902 137th Ave
Distance between this listing and this school0.85 miles
Public District Grades 6-6
Nearby Schools
3
/10
Queens Preparatory Academy
143 10 Springfield Blvd
Distance between this listing and this school0.63 miles
Public District Grades 9-12
3
/10
George Washington Carver High School for The Sciences
143 10 Springfield Blvd
Distance between this listing and this school0.63 miles
Public District Grades 9-12
4
/10
Excelsior Preparatorty High School
143 10 Springfield Blvd
Distance between this listing and this school0.63 miles
The neighbors living near this home have an average income of $88,451. Typical income of New York, NY residents is between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
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This home is located at 129-24 Merrick Blvd in Jamaica, NY and zip code 11434 in the Springfield Gardens neighborhood. This 8,387 square foot home, which was built in 2024, sits on a 0.10 acre lot. Features: 16 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since January 08, 2024 and is currently priced at $3,750,000.
Over 168 listings were sold over their listed price in April 2024 in New York, NY. In the same period over 748 listings were sold below the listed price and 758 listings were sold for the listed price. The inventory of homes for sale in New York, NY between March 2024 and April 2024 increased by 3.8%. Listings spent 96 days on the market in April 2024, and had a median list price of $849,191 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This 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. 
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