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$2,600,000
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 935511
Rental Info No
Year Built 1930
Annual Tax Amount $71,921
Property Sub-Type Multi Family
Source onekey2
Property Description
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.
Location
State NY
County Queens
Rooms
Basement Storage Space
Interior
Heating Natural Gas
Cooling Multi Units
Fireplace No
Appliance Gas Range, Microwave, Refrigerator
Exterior
Utilities Available Electricity Available
Building
Story 4
Sewer Public Sewer
Water Other
Structure Type Block
Schools
Elementary Schools 30Th Avenue School (The)
Middle Schools Academy For New Americans
High Schools Queens 30
School District Queens 30
Others
Special Listing Condition None
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Listed by 5 Boro Realty Corp • Nina Sabag
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