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$28,800,000
45 Days Online

Address Withheld

For Sale|Multi-Family|Active
County:
Queens
Listing courtesy of Reliance USA Inc 718-400-9299

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

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Two contiguous, mixed-use apartment buildings on 82 nd and 83 rd Street with a total of 55, 000 SF combined (27, 500 SF each) and 62 units (56 residential and 6 commercial), located in prime location of Jackson Heights, New York City. Most of the units are Free Market. New Roof in 2019. Conveniently located near shopping, schools and transportation. In a supply-constrained market with high barriers to entry, the property is a compelling investment opportunity. Location is the biggest amenity of this fee simple property. Rents in NYC have soared recently. The overflow of Manhattan has found its way to Jackson Heights. The eight towers, five-story buildings are situated on a large site of 0.60 acres (26, 000 SF). The shared interior, green landscaped courtyards offer residents respite from bustling city life. The property's desirability further increased for tenants due to its commanding view along the Avenue, which has recently been converted by the City into a "Promenade" where residents can stroll for a leisurely walk or jog or push strollers as vehicular traffic has been restricted. Amenities include gated entrances and a central landscaped courtyard. Within 3 blocks of a subway station, and within a 20-minute drive to midtown Manhattan.

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Listing Snapshot
Price 
$28,800,000
Days Online 
45 Days
Bedrooms 
N/A
Inside Area (SqFt) 
55,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3 Acres
Year Built 
1920
MLS® Number 
3555131
Status 
Active
Property Tax 
$411,078
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
4 weeks agoPrice changed to $28,800,000
a month agoListing first seen online
General Features
Style 
Mid- Rise
Construction 
Brick
Parking 
Off Street
Basement 
Walk- Out Access
Acreage 
0.3
Water 
Public
Cross Street 
34th Ave
Property Sub Type 
Multi Family
Garage Spaces 
0
Attached Garage 
No
Interior Features
Cooling 
Window Unit(s)
Heating 
Natural GasOilHot Water
Fireplaces 
0
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Exterior Features
Lot 
Near Public Transit
Community Features
Township 
Queens
Community Features 
ParkNear Public Transportation
Senior Community 
No
Schools
School District
Queens 24
Elementary School
Unknown
Middle School
Is 61 Leonardo Da Vinci
High School
William Cullen Bryant High School
Listing courtesy of Reliance USA Inc 718-400-9299


Based on information submitted to the MLS GRID as of 2024-07-14 01:10 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
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