16411 Highland Avenue, New York, NY, 11432
$4,300,000
activeLot Size
7,500 sqft
Year Built
2018
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
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.
Listed by Monica Soyemi, Real Broker NY LLC
Listings courtesy of OneKey® MLS as distributed by MLS GRIDBased on information submitted to the MLS GRID as of Aug 27, 2026, 8:14 PM UTC (date and time MLS GRID Data was obtained). 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.
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