16414 81st Avenue, Jamaica, NY 11432
Local realty services provided by:ERA Caputo Realty
16414 81st Avenue,Fresh Meadows, NY 11432
$1,050,000
- 5 Beds
- 2 Baths
- 1,088 sq. ft.
- Single family
- Active
Listed by: lina shi rene
Office: s10 realty group llc.
MLS#:1033418
Source:OneKey MLS
Price summary
- Price:$1,050,000
- Price per sq. ft.:$965.07
About this home
Welcome to 164-14 81st Ave, Fresh Meadows — a fully occupied, income-producing single-family property offering $7,600/month in current rental income and an attractive real real 7.8% cap rate based on the current asking price.
The property generates $91,200 in annual gross rental income, with approximately $6,450 in annual property taxes and $2,000 in annual insurance expenses. Electricity, Water, Landscaping are paid directly by the tenant, helping keep the owner’s operating expenses low.
This well-maintained 5-bedroom home features a spacious first floor with a living room, eat-in kitchen, one bedroom, and full bathroom. The second floor and attic offers four additional bedrooms. The full basement includes a second full bathroom and provides flexible space for recreation, storage, or other permitted uses.
Additional features include a private driveway and one-car garage. Conveniently located near St. John’s University, with strong rental demand and access to local transportation, shopping, dining, and neighborhood amenities.
A strong opportunity for investors seeking an income-producing residential asset in Fresh Meadows with substantial current rental income and favorable operating expenses....
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Home facts
- Year built:1920
- Listing ID #:1033418
- Added:58 day(s) ago
- Updated:September 28, 2026 at 12:21 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:9
- Flooring:Hardwood
- Bedroom Description:First Floor Bedroom
- Basement:Yes
- Basement Description:Finished
- Living area:1,088 sq. ft.
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1920
- Building area:1,088 sq. ft.
- Lot area:0.06 Acres
- Construction Materials:Frame
Schools
- High school:Cambria Heights Academy
- Middle school:Cambria Heights Academy
- Elementary school:Ps 131 Abigail Adams
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,050,000
- Price per sq. ft.:$965.07
- Tax amount:$6,370 (2025)
Parking
- Parking description:Driveway, Garage
- Garage:Yes
- Garage spaces:1
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