Exceptional investment opportunity in the heart of Jackson Heights! This well-maintained 16-unit building features a balanced mix of 8 two-bedroom and 8 one-bedroom apartments, offering strong rental potential in a highly desirable neighborhood. The property has undergone significant upgrades, including 100K (Local Law 11) completed, ensuring safety and compliance, and a new, efficient boiler system (upgraded from 2000 to 700). All apartments have been modernized with new plumbing and pipes throughout, reducing maintenance needs and enhancing long-term value. The building is professionally managed and 10% owner-managed, reflecting dedicated oversight and care. With its solid infrastructure, prime location, and stable tenant base, this property presents a rare, turn-key opportunity for investors seeking reliable income and long-term appreciation in one of Queens' most vibrant communities.
| MLS # | 935511 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 326 |
| Listing Provided By | 5 Boro Realty Corp | Nina Sabag |
| SQ Feet | 4,500 |
|---|---|
| Basement | Y |
| Story(s) | 4 |
| Units | 16 |
| Building(s) | 1 |
| Cooling | Multi Units |
|---|---|
| Heating | Natural Gas |
| Appliances | Gas Range, Microwave, Refrigerator |
| Construction Materials | Block |
|---|
| Utilities | Electricity Available |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 71921 |
| Tax Lot | 0022 |
| State | NY |
|---|---|
| County | Queens |
| City | Jackson Heights |
| Zip Code | 11372 |
| School District | Acad For Careers In Television-F |
| Elementary School | 30Th Avenue School (The) |
| High School | Acad For Careers In Television-F |
| Listing VS Median (in 11372) | |
Price: $2,600,000 low | high Med: $375,000 sqft: 4,500 low | high Med: 59,628 $ / sqft: $578 low | high Med: $6 On site: 326 low | high Med: 68 | |
| State | NY |
|---|---|
| County | Queens |
| City | Jackson Heights |
| Zip Code | 11372 |
| School District | Acad For Careers In Television-F |
| Elementary School | 30Th Avenue School (The) |
| High School | Acad For Careers In Television-F |
| Listing VS Median (in 11372) | |
Price: $2,600,000 low | high Med: $375,000 sqft: 4,500 low | high Med: 59,628 $ / sqft: $578 low | high Med: $6 On site: 326 low | high Med: 68 | |
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