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3525 86th Street

Jackson Heights, NY 11372
  • $1,550,000
  • STATUS: Active
  • ON SITE: 53 Days
  • MLS #: 919783
UPDATED: 67 min ago
$1,550,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1990
County:
Area:

School Ratings & Info

Description

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. Cap Rate = 6.06%

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© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New York NextHome Brokers. Data last updated: 2025-12-06T16:19:01.91.
www.selectyournexthome.com/homes/168841500
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3525 86th Street Jackson Heights, NY 11372

  • Price: $1,550,000
  • Status: Active
  • On Site: 53 Days
  • Updated: 67 min ago
  • MLS #: 919783
0
Beds
0
Baths
0
½ Baths
0.05
Acres
1990
Built
Neighborhood:
New York
County:
Queens
Area:
New York
Property Description
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. Cap Rate = 6.06%
Exterior Features

Construction Materials Brick Cross Street Roosevelt Ave Direction Faces West Parking Features Garage Property Attached YN Yes Stories Total 3 Waterfront YN No

Interior Features

Basement Details Full Basement YN Yes Cooling Multi Units Number Of Heat Units 5 Number Of Heating Zones 5

Property Features

Annual Rental Income 181200 Building Area Total 5852 Heating Hot Water Insurance Expense 7950 Lot Size Area 2337 Net Operating Income 93869 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 5 Operating Expense 87331 Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 64431 Tax Source Municipality Total Vacancies 0 Utilities Cable AvailableCable ConnectedElectricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedPhone AvailablePhone ConnectedSewer AvailableSewer ConnectedTrash Collection PublicWater AvailableWater Connected Water Sewer Expense 10800 Water Source Public Zoning R5

Listing courtesy of Steven D. Bezmen Sfr C2ex of Hedgestone Commercial Rlty LLC: 516-200-2049
© 2025 OneKey MLS. All rights reserved.


© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New York NextHome Brokers. Data last updated: 2025-12-06T16:19:01.91.
 
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