8783 168th St 10 Unit Apartment Building $11,284,680 CAD ($1,128,468 CAD/Unit) Jamaica, NY 11432

This is a brand-new six-story residential building offering an exceptional investment opportunity in a prime Jamaica location. The property consists of 11 residential units, including five spacious three-bedroom apartments and five well-appointed two-bedroom apartments, along with a large medical facility located in the cellar. The building also includes six on-site parking spaces.
The property will be delivered brand new, featuring all-new appliances, hardwood flooring, and a modern HVAC system throughout—providing the feel and functionality of a newly constructed asset. A Certificate of Occupancy (CO) is expected shortly. The building may also be delivered as a condominium for buyers seeking that structure; otherwise, it will operate as an 11-unit rental property with strong projected income.
Ideally located just off Hillside Avenue, the property offers unparalleled convenience. Public transportation is steps away, with the train line right down the block. The surrounding area includes grocery stores, houses of worship, and everyday conveniences, making it highly attractive to tenants and end users alike. Manhattan is approximately 30 minutes away, whether traveling by car or train.
This is a prime location and a strong long-term investment opportunity. If this property aligns with your investment goals, we encourage you to contact us to discuss further.