Save
Ask
Tour
Hide
Share
$14,500,000
109 Days Online

37-51 80th Street
Jackson Heights, NY 11372

For Sale|Multi-Family|Active
County:
Queens
Listing courtesy of Howard Hanna Rand Realty (845) 358-7310

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

37-51 80th Street37-51 80th Street37-51 80th Street37-51 80th Street
Save
Ask
Tour
Hide
Share

Twin buildings (37-51 and 37-57) on 80th St with a total of 41, 500 SF combined (20, 750 SF each) and 54 units (27 per building). All units are rent stabilized. Roof less than 10 yrs old. All tenants pay own utilities. 15 1-bed, 1 bath apts per bldg. 12 2-bed, 1 bath apts per bldg. Total units per bldg: 27. The offerings at 37-51 and 37-57 80th St stand as a beacon of opportunity in a market driven by location, visibility, and access. Situated on a strategic lot, your investment sits a mere quarter block from a vibrant dining and entertainment scene, and under 500 feet from the critical #7 transit line at the 82nd St Jackson Heights MTA subway station. This positions your twin buildings as a nexus of convenience for anyone traversing the diverse boroughs of New York, magnifying tenant interest and securing a competitive advantage in the rental market. The allure of this location is further amplified by its proximity to an array of essential retail amenities. Residents will enjoy the convenience of having Starbucks, Dunkin', Blink Fitness, Duane Reade, along with numerous cherished local establishments, within easy reach. This not only enhances the living experience but also underscores the property's value in a bustling community setting. Crucially, the area is supported by compelling demographics, with a 5-mile radius encompassing a population of 90k, 43% of whom are renters. This statistic underscores a strong and sustained demand for rental housing, presenting a promising landscape for investors focused on multifamily properties. The intersection of a prime location, desirable amenities, and a substantial renter base makes 37-51 and 37-57 80th St an exceptional investment opportunity that aligns with a forward-thinking vision for growth and success in New York's dynamic real estate market. Virtually staged.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$14,500,000
Days Online 
109 Days
Bedrooms 
N/A
Inside Area (SqFt) 
41,500 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.17 Acres
Year Built 
1922
MLS® Number 
H6295078
Status 
Active
Property Tax 
$287,147
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoPrice changed to $14,500,000
4 months agoStatus changed to Active
4 months agoListing first seen online
General Features
Construction 
Brick
Parking 
NonePublic Parking
Parking Spaces 
0
Sewer 
Public Sewer
Basement 
Crawl SpaceSee Remarks
Acreage 
0.17
Water 
Public
Property Sub Type 
Multi Family
Garage Spaces 
0
Attached Garage 
No
Interior Features
Cooling 
None
Heating 
OilHot Water
Flooring 
Hardwood
Interior 
Eat-in KitchenEntrance Foyer
Save
Ask
Tour
Hide
Share
Exterior Features
Lot 
Near Public Transit
Community Features
Township 
Queens
Community Features 
ParkNear Public Transportation
Senior Community 
No
Schools
School District
Queens 30
Elementary School
Call Listing Agent
Middle School
Call Listing Agent
High School
Call Listing Agent
Listing courtesy of Howard Hanna Rand Realty (845) 358-7310


Based on information submitted to the MLS GRID as of 2024-07-14 12:30 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
Save
Ask
Tour
Hide
Share