Active

86 -11 -17 Kingston Pla

Queens NY, 11432

$5,995,000


$432.79 per sqft

Active

32 Beds

12 Baths

13,852 sqft

Town House

The Eklund Gomes Team at Douglas Elliman has been retained on an exclusive basis for the sale of four income-producing properties 86-11, 86-13, 86-15 and 86-17 Kingston Place along with eight parking spots as a package deal.

The asset is located on the east side of Kingston Place and runs over one half of the block length between Henley Road and Highland Avenue in the Jamaica Estates neighborhood of Queens. Each of the four properties is comprised of 3 units and totals approximately 12,992 SF. The 12 existing tenants all contribute string base rent which creates immediate cash flow. Built in 2019, the property is in impeccable condition.

Each building is comprised of features unit 1 as a two-bedroom (2BR) and two bathrooms (2BTH) and units 2 and 3 as a three-bedroom (2BR) and two-bathroom (2BTH) homes. 86-11 to 86-17 Kingston Pl is exceptionally located in the scenic and serene Jamaica Estates neighborhood, which seamlessly combining a small-town atmosphere with easy accessibility to the city. The tree-lined streets give the neighborhood a picturesque look, making it a peaceful escape from the hustle and bustle of the city.

Located in the northeastern section of Queens, Jamaica Estates' proximity to major roads and highways, including the Grand Central Parkway and the Long Island Expressway, makes it a preferred choice of residence for commuters. The neighborhood is home to an array of small businesses, boutiques, and cafes that offer a unique and diverse shopping experience.

It boasts of beautiful homes ranging from Tudor-style to colonial-style architecture, and residents take pride in maintaining the aesthetic charm of the neighborhood.Known for its historic elegance and luxurious residences, Jamaica Estates has been a magnet for some of the most talented people in the country, making it a neighborhood with a rich cultural history and a legacy of excellence. Among its major landmarks is the Jamaica Estates-Holliswood-South Bayside Historical District, a designated landmark that includes beautiful homes from a variety of architectural styles.

The grand entrance of the fancy Chapel of the Redeemer is another iconic landmark surrounded by pristine gardens. Other attractions include the historic, family-friendly Klein Farm, which hosts events and farming activities, and the scenic St. John's University campus, a private, Catholic university that was founded in 1870 and is home to a variety of sports, arts, and academic programs. In addition, the neighboring Hillside Avenue offers access to an array of shopping and dining options to enjoy.

RPLU-5122670617

MLS ID

February 29, 2024

Listed

May 9, 2024

Updated

Map

86 -11 -17 Kingston Pla
Queens NY, 11432

Interior Features

Total Stories

0


Bedrooms

32


Total Bathrooms

12


Laundry Description

In Unit


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Other Property Details

Taxes

$302,976


Tax Frequency

Annually


Garage

Yes


Garage Spaces

8


Parking

Assigned, Garage


View

No


View Description

Other


County

Queens


Pool

No


Zoning

null


Buyer Agency Compensation

2%

Courtesy of Douglas Elliman Real Estate with Giuseppe Airo, Allison Dubuisson
Listing Contact: (347) 906-2830 

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.

©2024 The Real Estate Board of New York, Inc., All rights reserved

Data last updated 3:38 PM UTC, 5/9/2024

 

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