Buy with Yoreevo
$2,254,000
List Price: $2,300,000
Share Listing
Save Listing
148-18 89th Avenue
House in Jamaica •  building info
10bd • 5ba
Buy with Yoreevo

$2,254,000

List Price

$2,300,000

Key Details
Days on market
135
Last price change
loading...
Estimated payment
$13,861/mo
Taxes
$777/mo
Maintenance
N/A
Description
148-18 89th ave is a 31' x 145' lot in downtown Jamaica currently occupied by a (2) family house. This provides the rare opportunity for a developer/investor to build a 25,000 SF residential building facing 89th ave. This lot is located 5 minutes from the Jamaica Transportation Hub which provides access to (4) subway lines, the Long Island Railroad and the Air Train. The area as seen tremendous public and private investment in recent years which has yet to translate into a sharp increase. The property is currently cash flowing, but can be delivered vacant. This site is located within a designated Opportunity Zone.

Hide full description

Home features
Hardwood floors
Building amenities
Services and facilities
Parking

Garage

Building info

History
What it'll cost
Purchase price
$2,300,000
Asking Price: $2,300,000
Term
30 Years
Down Payment
$230,000 (10%)
Min: 10% (230,000)
Rate
6.5 %
Mortgage Amount
$2,070,000
Mortgage Payment
$13,084
Taxes
$777
Estimated Yoreevo rebate
$46,000
Estimated closing cost
$85,000
Total monthly cost $13,861
Buy your dream home with us and get an estimated $46,000 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Property Professionals Realty

Information ©2025, OneKey MLS. All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.