- 11 beds
- 7 baths
- 3,850 sqft
- 4,000 sqft lot
- $649 per sqft
- 1920 build
- – on site
This is a unique opportunity to acquire a freestanding, 3-story multifamily building in the heart of Jackson Heights one of Queens’ most vibrant and transit rich neighborhoods. Strategically positioned between the high-foot-traffic corridors of 37th Avenue and Roosevelt Avenue, the property offers immediate income potential with long-term upside. Set on a 40 ft x 100 ft lot, the building features three residential units, a full basement, and an attached 1 car garage ideal for end-users seeking rental income or investors targeting a value-add or 1031 exchange opportunity. The R5 zoning may offer additional flexibility, and future land use potential may be enhanced under the City of Yes zoning modernization efforts currently underway. Property Highlights: • Freestanding 3-Story Structure • Three (3) Residential Units • Lot Size: 40 ft x 100 ft • Full Basement • Attached 1-Car Garage • Zoning: R5 • Close Proximity to E, F, M, R, and 7 Subway Lines • Easy Access to BQE and Grand Central Parkway Perfect for: • 1031 Exchange • End-User / Live + Rent Scenario • Buy-and-Hold Investors • Value-Add Operators With unmatched transportation access via the Jackson Heights–Roosevelt Avenue / 74th Street–Broadway transit hub and proximity to the Jackson Heights Historic District, this property sits at the intersection of strong market fundamentals and long-term neighborhood growth. Showings by appointment only. Please do not disturb tenants.
Last checked:
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Last updated Jul 18, 2025
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MLS# 891180 —
The Building
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Year Built:1920
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Basement:true
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Architectural Style:Colonial
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Construction Materials:Frame
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# of Total Units:3
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Building Area Units:Square Feet
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Building Area Total:3850
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Building Area Source:Public Records
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Attic:None
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Direction Faces:West
Interior
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Interior Features:Other
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Fireplace Features:None
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Fireplace:false
Financial & Terms
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Tenant Pays:Electricity
The Property
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Lot Size Acres:0.0918
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Parcel Number:01287-0054
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Property Type:Residential Income
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Property Subtype:Triplex
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Lot Size SqFt:4,000 Sqft
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Property Attached:false
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Property Condition:Actual
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Lot Size Dimensions:40 x 100
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Waterfront:false
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Road Responsibility:Public Maintained Road
Listing Agent
- Contact info:
- Agent phone:
- (718) 205-8411
- Office phone:
- (718) 205-8411
Taxes
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Tax Year:2025
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Tax Source:Municipality
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Tax Annual Amount:21450.8
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Tax Lot:0054
Beds
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Total Bedrooms:11
Baths
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Full Baths:7
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Total Baths:7
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas, Other
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Cooling:None
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# of Heat Units:1
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# of Heating Zones:1
Utilities
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Sewer:Public Sewer
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Utilities:Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
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Water Source:Public
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Electric Company:Con Edison
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# of Separate Gas Meters:1
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# of Separate Electric Meters:3
Schools
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High School:William Cullen Bryant High School
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Elementary School:Ps 69 Jackson Heights
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High School District:Queens 30
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Middle School:Is 230
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Elementary School District:Queens 30
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Middle School District:Queens 30
The Community
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Senior Community:false
Parking
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Parking Features:Driveway, Garage
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Garage:true
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Garage Spaces:1
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Carport:false
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/18/25
Jul 18, 2025
|
Listed / Active | ONEKEY | $2,500,000 |