$1,750,000 SALE
Multi-Family
7,130 SF
35-25 86th Street
Queens, NY 11372 5-Unit Building For Sale in Jackson Heights



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.


Property Type Multi-Family
Year Built 1992
Level Number 4
Lot Dimensions 23x100
Sub-Lease 5
Zoning R5
Cap Rate Percentage 4.88
Listing ID XEPN8D
MLS ID 3511001
Style Other Style
Building Size 7,130 SF
Lot Size 2337 SF
Taxes $56,732
Area Description

Region: Jackson Heights

Region: United States of America

Region: Queens

Region: New York

Property Features
Full Bath: 7
Half Bath: 3
Area Description: Metropolitan
Exterior Living Space: Terrace
Exterior Description: Brick
Garage Description: Attached Garage
Financials
Gross Income: $163,200
Additional Media