Fully Renovated Legal 3-Family Investment Property in Downtown Jamaica, Queens – 8.4% Cap Rate Potential!
Discover this exceptional, fully renovated legal 3-family home in the heart of Downtown Jamaica, Queens—a prime investment opportunity with a strong 8.4% cap rate potential!
Property Highlights: ? Upgraded from Top to Bottom – Featuring a new roof, siding, plumbing, electrical, windows, kitchens, baths, and flooring for worry-free ownership. ? Flexible Layout – Configured as a 1-bedroom, 2-bedroom, and 3-bedroom rental, maximizing income potential. ? Separate Utilities – Each unit has its own boiler and water tank, ensuring tenant convenience and cost efficiency. ? Parking & Storage – Includes a two-car garage and a full basement with a separate entrance for added functionality. ? Unbeatable Location – Just minutes from the E, J, Z trains, LIRR, and AirTrain, making commutes seamless. The AirTrain connects to JFK Airport in just 10 minutes! ? Thriving Downtown Jamaica – Surrounded by new high-rises, trendy eateries, shopping, and a growing business hub, offering an ideal live-work-play environment.
Whether you’re an investor seeking strong cash flow or an owner-occupant looking for rental income, this turnkey property is a rare find in a rapidly revitalizing neighborhood!
Listed by Nadine Morency CBR
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Jaymore Realty LLC
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718-216-0633
Last updated July 28, 2025
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Source: OneKey #859506
Listing Facts
TypeMulti-family
NeighborhoodFulton Heights
Bedrooms6
Bathrooms4
Days on Prevu122
Taxes$5,137.56/year
Location
Mortgage Calculator
Listing History
07/28/2025
Price Decreased
$1,295,000
07/28/2025
Price Increased
$12,950,000
05/08/2025
Listed by Jaymore Realty LLC
$1,399,000
Estimated Closing Costs
Total
$48,221
Attorney Fees
$4,000
NYC Mansion Tax
$12,950
Title Insurance
$5,828
Bank Attorney
$1,500
Mortgage Recording Tax
$19,943
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,295,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Property Details for 10701 Liverpool Street
Exterior
Construction
Number Of Units Total: 3
Year Built: 1920
Construction Materials: Frame
Measurements
Building Area Total: 2,300
Building Area Units: Square Feet
Lot Size Acres: 0.05
Lot Size Square Feet: 2,500
Financial
Taxes
Parcel Number: 10086-0008
Tax Annual Amount: $5,137.56
Tax Assessed Value: $50,700.00
Tax Year: 2024
Interior
Features
Flooring: Hardwood
Interior Features: First Floor Bedroom, First Floor Full Bath
Rooms
Basement: Finished, Full
Has Basement: Yes
Bathrooms Full: 4
Bathrooms Total Integer: 4
Bedrooms Total: 6
Parking
Parking
Garage Spaces: 2
Garage: Yes
Utilities
Equipment
Heating: Natural Gas
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Available, Natural Gas Connected
Water Source: Public
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