Six-family investment opportunity in prime Jackson Heights with separate utilities, strong in-place income, and exceptional transportation access. With 7 separate gas and electric meters, each unit has its own metered service, simplifying cost allocation and management for an owner or investor. With two oil tanks, this building is heated by a Weil-McLain boiler. Annual rents exceed $100,000, offering immediate cash flow with room to evaluate upside over time. Just minutes to the Jackson Heights-Roosevelt Avenue transit hub, tenants can ride the 7, E, F, M and R lines to Midtown Manhattan, Astoria, and Long Island City in roughly 10-20 minutes-three of NYC's most sought-after dining and nightlife districts. At home, they're surrounded by Jackson Heights' own destination food scene, from Michelin-recognized spots like Angel Indian and Phayul to beloved local favorites along Roosevelt Avenue, a draw for renters who want to live where others come to eat and explore. This investment and exceptional location support steady rental demand and long-term income potential in one of Queens' most established rental neighborhoods.
Listing By
Agency Name: RE/MAX 1st Choice
Agency Contact: 516-888-6000
Shown By
Agency Title: Coldwell Banker American Homes
Agency Phone: 866-831-4443
72-16 34th Avenue | MLS# 947907
This commercial property located at 72-16 34th Avenue, Jackson Heights, NY 11372 is currently listed for sale with an asking price of $1,398,000. 72-16 34th Avenue is located within the Queens 30 school district. Search Jackson Heights real estate on www.cbamhomes.com today.