Multi Family
16411 Highland Avenue
Active · Queens, NY 11432
Asking price$4,200,000Request a Showing
- Year built
- 2018
- Est. monthly taxes
- $307.83
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About this home
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.
Listing snapshot
- Days on site
- 59 days
- Listed on MLS
- Aug 27, 2026
- Annual property tax (MLS)
- $3,694
- Tax year
- 2026
- Listing brokerage
- Real Broker NY LLC
- MLS ID
- KEY1044036
- Last updated
- Sep 19, 2026
General features
- Property type
- Multi Family
- Year built
- 2018
- Parking
- Other
- Water source
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Connected, Electricity Connected, Natural Gas Connected
Interior features
- Basement
- Full
- Heating
- Natural Gas
- Cooling
- Central Air
Schools (MLS)
- Elementary school district
- Queens 28
- Middle school district
- Queens 28
- High school district
- Queens 28
School information is provided by the MLS. Confirm attendance eligibility with the school district.
Recent activity
- Listing updated from MLS
- First seen on this site
- MLS status changed
Location
Listing data is supplied by the MLS and may change without notice.