Contacts
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Joseph Giordano
Coldwell Banker Commercial Reliable Real Estate
(718) 921-3100
Property Details
- Property Type Multi-Family
- Property Size 7,130 SF
- Units 5
- Lot Size 2,337 SF
- Cap Rate % 4.88
- Rental Income / YR 163200
- NOI / YR 97568
- Taxes / YR 56732
- Zoning R5
- # of Floors 4
- Parking Spaces Avail. 2
- Parking Ratio 0.28 / 1,000 SF
- Year Built 1992
- Date Updated Mar 22, 2024
This captivating 5-family property, located in the highly sought-after Jackson Heights neighborhood, presents an outstanding investment opportunity. Built with enduring quality in mind, this all-brick, semi-detached gem offers a diverse array of living spaces that cater to various needs. The property features two generously sized 3-bedroom apartments, each with 2.5 bathrooms, terraces, and skylights, ensuring ample space and natural light. In addition, two comfortable 1-bedroom apartments, each boasting its own terrace, and a well-appointed 2-bedroom apartment complete the lineup. The full finished basement offers versatility for various uses. What sets this property apart is that each apartment has its own boiler, making tenants responsible for their heating and electric expenses, enhancing cost-efficiency. With a well-maintained and sturdy construction, this building, boasting a substantial size of 7,130 square feet, provides both comfort and durability. Its prime location just blocks away from the 82nd Train Station, a 20-minute commute to Manhattan, and excellent bus transportation options on Northern Blvd, 35th Ave, and Roosevelt Ave ensure unparalleled accessibility. Moreover, the neighborhood offers a wealth of amenities, including farmers' markets, diverse dining options, organic markets, wine stores, churches, coffee shops, and the scenic Trevers Park, among others. This property is your gateway to both an exceptional investment and a vibrant community. Schedule a viewing today to explore its boundless potential.
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Attachments
Getting around
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94/100
Walk Score ®
-
100/100
Transit Score ®
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82/100
Bike Score ®
Location
- City Queens, NY
- Neighborhood Jackson Heights
- Zip Code 11372
- Market Queens
Points of Interest
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90th Street–Elmhurst Avenue
0.29 miles
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82nd Street–Jackson Heights
0.32 miles
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Junction Boulevard
0.60 miles
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74th Street–Broadway
0.64 miles
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Elmhurst Avenue
0.65 miles
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Jackson Heights–Roosevelt Avenue
0.65 miles
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Mexicana Car & Limo Svc
0.76 miles
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69th Street
0.90 miles
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65th Street
0.91 miles
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103rd Street–Corona Plaza
0.94 miles
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Mobil
0.59 miles
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BP
0.62 miles
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Speedway
0.66 miles
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Shell
0.79 miles
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Shell
0.83 miles
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Gulf
0.83 miles
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Speedway
0.91 miles
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Citgo
0.94 miles
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Gas Sale
0.94 miles
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Gulf
0.97 miles
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Xtell Parking
0.31 miles
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P7
1.33 miles
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Airpark
1.44 miles
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Terminal A Parking
1.45 miles
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Daily Parking - Terminal C
1.50 miles
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Terminal B Parking Garage
1.52 miles
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Bus Parking
1.64 miles
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Connoly's Parking Lot
1.72 miles
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P10 Terminal B Wait Area and Employee Parking
1.76 miles
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Hazen Street Rikers Island Parking
1.78 miles
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Elmhurst Hotel
0.32 miles
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Pan American Hotel
0.97 miles
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Boulevard Motel
0.97 miles
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Metro Motel
1.02 miles
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Courtyard Marriott
1.23 miles
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the Queen's Hotel
1.23 miles
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Woodside Motel
1.24 miles
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Clarion Hotel
1.27 miles
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SpringHill Suites Marriott
1.30 miles
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LaGuardia Plaza Hotel
1.31 miles
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C-Town
0.10 miles
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Downtown Natural Market
0.12 miles
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Trade Fair
0.18 miles
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Key Food
0.27 miles
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Roosevelt Shopping Center
0.27 miles
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Charles Farm
0.28 miles
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Key Foods
0.31 miles
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Bravo
0.34 miles
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5 de Mayo
0.34 miles
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Mi Tierra
0.39 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Joseph Giordano
Coldwell Banker Commercial Reliable Real Estate
(718) 921-3100
