Introducing an exceptional investment opportunity in the heart of Jackson Heights. This well-maintained, all-brick 5-unit multifamily building offers approximately 5,852 square feet of building area on a 2,337 square foot lot and is ideally positioned in one of Queens' most sought-after rental markets. The building is serviced by natural gas hot water heat with separate gas and electric meters, offering efficient management for investors. Zoned R5, this property presents strong long-term investment potential with consistent rental demand and future upside.Conveniently located near Roosevelt Avenue, public transportation, shopping, restaurants, schools, and major thoroughfares, this is a rare opportunity to acquire a stabilized multifamily asset in a prime Jackson Heights location. Ideal for both seasoned investors and those looking to expand their multifamily portfolio.
| MLS # | 1032403 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1990 |
| Days On Site | 52 |
| Listing Provided By | Professional RE of New York | Gloria Calderon |
| SQ Feet | 5,852 |
|---|---|
| Units | 5 |
| Zoning | R5 |
| Acreage | 0.05 |
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Baseboard |
| Construction Materials | Frame |
|---|
| Parking Features | Driveway, Garage |
|---|
| Utilities | Electricity Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 678600 |
| Tax Annual Amount | 63802.4 |
| State | NY |
|---|---|
| County | Queens |
| City | Jackson Heights |
| Zip Code | 11372 |
| School District | Long Island City High School |
| Elementary School | Ps 222-Ff Christopher A Santora |
| High School | Long Island City High School |
| Listing VS Median (in 11372) | |
Price: $1,749,000 low | high Med: $369,000 sqft: 5,852 low | high Med: 900 $ / sqft: $299 low | high Med: $410 On site: 52 low | high Med: 94 | |
| State | NY |
|---|---|
| County | Queens |
| City | Jackson Heights |
| Zip Code | 11372 |
| School District | Long Island City High School |
| Elementary School | Ps 222-Ff Christopher A Santora |
| High School | Long Island City High School |
| Listing VS Median (in 11372) | |
Price: $1,749,000 low | high Med: $369,000 sqft: 5,852 low | high Med: 900 $ / sqft: $299 low | high Med: $410 On site: 52 low | high Med: 94 | |