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$4,300,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • Updated 2 hours ago
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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.

Full Property Details for 164-11 Highland Ave

General

  • Price: $4,300,000
  • Taxes: $3,694
  • Status: Active
  • Type: Commercial
  • Source: Long_Island
  • MLS ID: 1044036
  • Updated: 8/27/2026
  • Added to Site: 1 day(s) ago

Parking

  • Parking Features: Other

Location

  • County: Queens

School Information

  • High School District: Queens 28

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable Connected, Electricity Connected, Natural Gas Connected

Structural Information

  • Detached/Attached: Detached
  • Basement: Yes
  • Basement Desc.: Full Basement
  • Building Size: 12844
  • Square Feet: 12,844
  • Year Built: 2018

Lot Features

  • Lot Size (Acres): 0.1722
  • Lot Size (Sq. Ft.): 7,500
  • Zoning: R5

Financial Considerations

  • Tax Amount: $3,694

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 09846-0010

Listed by Real Broker NY LLC

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Listing agent

— 164-11 Highland Ave —

  • Real Broker NY LLC

855-450-0442

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 164-11 Highland Ave

School District:New York City Geographic School District 28
NameGradesDistance
Ps 86
87-41 Parsons Blvd, Queens, NY 11432
K-20.2 mi
Jhs 217 Robert A Van Wyck
85-05 144th St, Queens, NY 11435
6-80.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 164-11 Highland Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/27/2026
Listed
$4,300,000
357.45%
MLS
2/25/2015
Sold
$940,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 164-11 Highland Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,712
—
$1,014,300
1%
2025
$3,712
—
$1,004,400
1%
2024
$3,713
-97%
$991,350
11%
2023
$111,787
19%
$894,150
17%
2022
$93,639
5%
$763,343
5%
2021
$88,874
42%
$724,500
—
2020
$62,414
371%
$724,500
79%
2019
$13,244
119%
$405,000
1186%
2017
$6,054
—
$31,482
6%
2017
$6,054
3%
$29,700
1%
2016
$5,901
—
$29,520
-2%
2015
$5,874
14%
$30,038
6%
2014
$5,140
8%
$28,339
—
2013
$4,775
—
$28,339
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 164-11 Highland Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Listed by Real Broker NY LLC

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16411 Highland Avenue, Jamaica, NY 11432 (MLS# 1044036) is a Commercial property. 16411 Highland Avenue is currently listed for $4,300,000 and was received on August 27, 2026. Want to learn more about 16411 Highland Avenue? Do you have questions about finding other Commercial real estate for sale in Jamaica? You can browse all Jamaica real estate or contact a Coldwell Banker agent to request more information.

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