11 days on rocket

164-08 85th Ave, Jamaica, NY, 11432

$1,250,000

Home List Price

$10,000*

Closing Credit

10 Bedrooms
3 Full Baths
2,680 SqFt
$466/SqFt
Multi
Schools Nearby

Location

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164-08 85th Ave, New York$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPrivate, Driveway
Year Built1960
HeatingNatural Gas, Other
CoolingWall Unit(s)
MLS #3549938
Lot Size0.05 Acres
StatusActive
(A)

About 164-08 85th Ave

Prime Investment Opportunity: Fully Occupied 3-Story 2-Family House with Attached Garage and Private Driveway. This meticulously maintained property presents an exceptional investment opportunity in a sought-after location. Situated conveniently close to St. John's University and in walking distance to the F train, this property is fully occupied by students who pay for their own electricity and gas. Combined monthly income is $6,600/mo, and the property features 10 bedrooms+3 bathrooms. Additional Information: R4A zone, lot size 20 x 102, building dimensions 20 x 48, taxes $9,089. Don't miss out on this exceptional opportunity to acquire a fully occupied income-generating property in a prime location. Schedule your viewing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1960
  • Living Area: 2,680 SqFt

Listing Office:

  • Office Name: Commerce Realty Group
  • Office Phone: (718) 380-3292

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 10

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Private, Driveway

Lot Features

Lot Information:

  • Lot: Near Public Transit
  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Other
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
  • Price Per SqFt: $466/SqFt
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Housing Market Comparison

See how this home compares to others in New York, NY.

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New York, NY

City

Med. Sold Price

$849.1K

Med. Price/SqFt

$639

Avg. Days On Market

96

# of Sold Homes

1674

164-08 85th Ave vs New York

11 DAYS ON ROCKET

-85 Days

$1,250,000

+$400.8K More

$466/SqFt

-$174 Less

KEY TAKEAWAY

This property is $400.8K more than the Median Sold Price and $174/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: #3549938

Listing Office:

  • Office Name: Commerce Realty Group
  • Office Phone: (718) 380-3292

IDX 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.

IDXThe 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: 5/19/2024, 2:11:32 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.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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.

Nearby Schools

school-card-donut-3792784
6
/10

  • PS 117 J Keld/Briarwood School

  • 8515 143rd St

  • 0.04 miles

  • Public District Grades PK-5

school-card-donut-3792785
4
/10

  • PS 82 Hammond

  • 8802 144th St

  • 0.48 miles

  • Public District Grades KG-5

school-card-donut-3792786
4
/10

  • PS 182 Samantha Smith

  • 9036 150th St

  • 0.68 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,633. Typical income of New York, NY residents is between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Queens County›New York›11432›164-08 85th Ave

This home is located at 164-08 85th Ave in Jamaica, NY and zip code 11432 in the Southeastern Queens neighborhood. This 2,680 square foot home, which was built in 1960, sits on a 0.05 acre lot. Features: 10 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 07, 2024 and is currently priced at $1,250,000.

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.

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