$2,350,000
Est. payment /mo
6,499 Sqft Lot
New
3728 86th ST Jackson Heights, NY 11372
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1044240
Style Mid Rise
Rental Info No
Year Built 1923
Annual Tax Amount $50,244
Lot Size 6,499 Sqft
Acres 0.1492
Property Sub-Type Multi Family
Source onekey2
Property Description
Built in 1923 as part of the original Cambridge Court development, this distinctive property is located within the Jackson Heights Historic District and benefits from landmark status.
The fully leased, 17-unit building offers immediate cash flow and represents an excellent addition to any real estate portfolio. Long-term ownership has carefully managed and maintained the property in very good condition.
Situated on a charming, tree-lined block of 86th Street between 37th Avenue and Roosevelt Avenue, the property is surrounded by numerous commercial businesses, neighborhood amenities, shopping, dining and convenient transportation.
This is not your average building of its size. The four-story walk-up boasts an impressive 65 feet of frontage on a substantial 65' × 100' lot totaling approximately 6,500 square feet.
With a down payment of 40% or more, the seller will consider financing at 5% interest-only for the first two years.
A well-maintained historic property, strong Jackson Heights location and attractive financing opportunity make this building a valuable addition to any investor's portfolio.
The fully leased, 17-unit building offers immediate cash flow and represents an excellent addition to any real estate portfolio. Long-term ownership has carefully managed and maintained the property in very good condition.
Situated on a charming, tree-lined block of 86th Street between 37th Avenue and Roosevelt Avenue, the property is surrounded by numerous commercial businesses, neighborhood amenities, shopping, dining and convenient transportation.
This is not your average building of its size. The four-story walk-up boasts an impressive 65 feet of frontage on a substantial 65' × 100' lot totaling approximately 6,500 square feet.
With a down payment of 40% or more, the seller will consider financing at 5% interest-only for the first two years.
A well-maintained historic property, strong Jackson Heights location and attractive financing opportunity make this building a valuable addition to any investor's portfolio.
Location
State NY
County Queens
Rooms
Basement Full, Storage Space, Walk-Out Access
Interior
Heating Oil
Cooling None
Fireplace No
Exterior
Parking Features None
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Trash Collection Public, Water Connected
Building
Story 4
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
High Schools Queens 30
School District Queens 30
Others
Special Listing Condition None
Listed by Keller Williams Landmark II • Steven R. Sokolof