5 Family with 2 Car Garage

35-57 86th Street, Jackson Heights , NY 11372

Accepting Offers
5 Family with 2 Car Garage 5 Family with 2 Car Garage 5 Family with 2 Car Garage 5 Family with 2 Car Garage
Asking Price

$1,430,000

5 Family with 2 Car Garage

35-57 86th Street, Jackson Heights , NY 11372

Asset Type: Real Estate

Estate: Fee Simple

Land Area: 0.06 Acres

Number of Units: 5

Property Type: Multifamily

Year Built: 1992

Number of Floors: 4

Property Size: 6,240 SF

Investment Highlights

  • 5 units for stable income potential
  • Zoned R5 C1-3 for development flexibility
  • Prime location in Jackson Heights
  • Ideal for multifamily investment
  • Well-maintained property
  • Significant growth potential

5 Family with 2 Car Garage

Introducing a prime investment opportunity in Jackson Heights, NY with a projected 7.7% cap rate on pro-forma NOI. This impressive 6,240 SF multifamily property boasts 5 units with a 2 car garage offering a lucrative investment potential. Built in 1992, this well-maintained low-rise building is ideally located in the desirable Jackson Heights area and is zoned R5 C1-3, providing flexibility for future development or expansion. This property presents a rare chance to acquire a stable income generating asset with significant growth potential. Don't miss out on this exceptional opportunity to expand your multifamily portfolio in one of New York's most sought after neighborhoods.

Sale FAQs

Investment Sales Broker

Steven Bezmen

Steven Bezmen

Hedgestone Commercial Real Estate

NY License: 10301219256

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXXXXXXXXXXXXXX

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