Multi Family Investment Properties for Sale in Jamaica, NY
589- 1 Bed
- 1 Bath
- 748 sft
25- 3 Bed
- 2 Bath
- 990 sft
1311- - Bed
- 2 Bath
- 1406 sft
629- 5 Bed
- 3 Bath
- 1912 sft
Why Invest in Jamaica, New York?
Multi-family properties in Jamaica, NY offer strong investment potential due to high renter demand and rezoning-driven development. The neighborhood's proximity to transit hubs like Jamaica Station supports steady occupancy rates around 95%. Rental yields average 5.5%, with cap rates at 6.2% reflecting balanced supply amid ongoing residential projects. Annual appreciation of 4.5% and average rents near $2,800 per unit make it attractive for cash flow-focused investors. Limited new inventory enhances pricing power for existing multi-family assets.
Frequently Asked Questions
Jamaica's rezoning and transit access drive high renter demand and stable cash flows. Multi-family properties benefit from low vacancy and 5% rental growth. Investors see solid cap rates around 6% with appreciation potential.
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