3525 86th St - Apartments FOR SALE


Jackson Heights, NY 11372
$1,550,000 USD
516-419-2752
3525 86th St, Jackson Heights, NY for Sale
$1,550,000 USD
Apartments - FOR SALE
1/23
null | 6.06% Cap Rate

3525 86th St
Jackson Heights, NY 11372


HIGHLIGHTS

  • Strategic Jackson Heights location

OVERVIEW

Introducing a prime investment opportunity in Jackson Heights, NY. This 5,852 SF Low-Rise Building, constructed in 1990, has 5 units, and 1 garage. Ideal for a multifamily investor seeking a strategic acquisition. Potential for a laundry room in the basement. Zoned R5. With its coveted location in the heart of Jackson Heights, this property presents a compelling investment proposition for discerning investors looking to capitalize on the thriving multifamily real estate market. A rare find offering versatility and growth opportunities in a sought-after location. The property is located in the vibrant neighborhood of Jackson Heights, NY, known for its rich cultural diversity, culinary delights, and convenient access to transportation. Situated near the 82nd Street-Jackson Heights subway station, the area offers easy commuting options. Roosevelt Avenue, with its bustling commercial activity, provides a variety of shops and dining options. The neighborhood's historic charm is evident in the landmarked Jackson Heights Historic District. Additionally, the property's proximity to LaGuardia Airport and major thoroughfares makes it an ideal location for commercial tenants seeking accessibility and convenience. Highlights -5,852 SF building -5 units -Garage -Zoned R5 -Strategic Jackson Heights location

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$217 USD /SF

# OF UNITS

5

PRICE/UNIT

$310,000

CAP RATE

6.06%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jackson Heights Qx NY

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1990

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,352 SF

ZONING

R5

APN/PARCEL ID

01460-0062

ASK ABOUT THIS PROPERTY

Steven BezmenHedgeStone Commercial Realty LLCMore Info
516-419-2752

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Steven BezmenHedgeStone Commercial Realty LLCMore Info
516-419-2752

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.