Sherry S. Khan
Call: (516) 606-1272
Text: (516) 606-1272
MLS#1049977
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLQueens 29
Property Description
INVESTOR OPPORTUNITY IN PRIME JAMAICA! This income-producing property is fully tenant-occupied and currently generates nearly $10,000 per month in gross rental income. Established long-term tenants are currently on month-to-month leases with rents close to current market levels, offering an excellent opportunity for an investor looking to add a strong income-producing asset to their portfolio. The property features a finished full basement with walk-out access, shared driveway, and parking in the rear. Solar panels are leased through Sunrun at $128 per month plus applicable taxes with ACH autopay. Seller intends to transfer the lease to the buyer at closing, subject to Sunrun approval. Conveniently located near Hillside Avenue with easy access to shopping, restaurants, public transportation, major roadways, and neighborhood amenities. A rare opportunity to acquire an established rental property with immediate income in a highly convenient Queens location. Rent roll and additional financial information available upon request.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full, See Remarks, Walk-Out Access
Cooling: Wall/Window Unit(s)
Garage: 1
Heating: Natural Gas, Other
Lot Size: 0.06 Acres
Taxes: $7,062
Year Built: 1925
Amenities
Other
Feature Descriptions
Building Area Total: 2352
Days on Site: 42
Exterior: Frame
GarageY/N: Yes
Heating Units: 2
Included In Taxes: Sewer, Trash
Laundry: Other
On Market Date: 2026-09-24
Parcel Number: 09894-0067
Parking Features: Driveway, On Street, Open, Shared Driveway
Property Attached Y/N: 1
Rental Term: Monthly
Separate Electric Meters: 3
Separate Gas Meters: 2
Sewer: Public Sewer
Tenant Pays: None
Units: 4
Utilities: Electricity Connected, Natural Gas Connected, See Remarks, Sewer Connected, Trash Collection Public, Water Connected
Water: Public
Local Schools
High School: Cambria Heights Academy
Middle School: Is 238 Susan B Anthony Academy
Elementary School: Ps 35 Nathaniel Woodhull
School District: Queens 29
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Estimated Payment
$ 3,357.46 per month $2,448.12 Principal & Interest $588.50 Property Tax $320.83 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: Keller Williams Realty Greater
Agency Contact: 516-873-7100
Shown By
Agent Name: Sherry S. Khan
Agent Phone: (516) 606-1272
Agency Title: Laffey Real Estate
90-22 179th Street | MLS# 1049977
This multi-family property located at 90-22 179th Street, Jamaica, NY 11432 is currently listed for sale with an asking price of $1,099,999. 90-22 179th Street is located within the Queens 29 school district. Search Jamaica real estate on sherrykhan.laffey.com today.