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Map
$1,750,000
↓ $249K (12.5%)
●
Multifamily -
For Sale
35-25 86th Street
Jackson Heights, NY 11372
11 Beds
10 Baths,
3
Half Baths
$13,321
Estimated Monthly
$0
HOA / Fees
0.32%
Cap Rate
About This Property
This captivating 5-family property, located in the highly
sought-after Jackson Heights neighborhood, presents an outstanding
investment opportunity. Built with enduring quality in mind, this
all-brick, semi-detached gem offers a diverse array of living
spaces that cater to various needs. The property features two
generously sized 3-bedroom apartments, each with 2.5 bathrooms,
terraces, and skylights, ensuring ample space and natural light. In
addition, two comfortable 1-bedroom apartments, each boasting its
own terrace, and a well-appointed 2-bedroom apartment complete the
lineup. The full finished basement offers versatility for various
uses. What sets this property apart is that each apartment has its
own boiler, making tenants responsible for their heating and
electric expenses, enhancing cost-efficiency. With a
well-maintained and sturdy construction, this building, boasting a
substantial size of 7,130 square feet, provides both comfort and
durability. Its prime location just blocks away from the 82nd Train
Station, a 20-minute commute to Manhattan, and excellent bus
transportation options on Northern Blvd, 35th Ave, and Roosevelt
Ave ensure unparalleled accessibility. Moreover, the neighborhood
offers a wealth of amenities, including farmers' markets, diverse
dining options, organic markets, wine stores, churches, coffee
shops, and the scenic Travers Park, among others. This property is
your gateway to both an exceptional investment and a vibrant
community. Schedule a viewing today to explore its boundless
potential.
Unit Size
-
Days on Market
203 days
Land Size
0.05 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$4,728
HOA Dues
-
Year Built
1990
Listed By
Last updated: 2 months ago (OneKey MLS #ONE3511001)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 22, 2024 | Price Decreased |
$1,750,000
↓ $249K
(12.5%)
|
|
Price Decreased | |||
Oct 17, 2023 | Listed by Coldwell Banker Reliable R E | $1,999,000 | |
Listed by Coldwell Banker Reliable R E | |||
Jun 7, 2013 | Sold to Bhuiyans Estate Inc | $1,075,000 | |
Sold to Bhuiyans Estate Inc |
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Private, Attached, 2 Car Attached
Garage Spaces: 2
Interior Details
Bathroom Information
Half Bathrooms: 3
Full Bathrooms: 7
Interior Information
Interior Features: Formal Dining
Appliances: ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Refrigerator
Room 1
Level: First
Type: 2 Bedroom, 1 Full Bath, Living-room, EIK
Room 2
Level: Second
Type: 2 x1 Bedroom, LR, KIT, Full Bath, Balcony
Room 3
Level: Third
Type: 2 x Living Room, EIK, 1 Half Bath, Balcony
Room 4
Level: Other
Type: 2 X Duplex(Front) 3 BR, 2 Full Bath, Balcony (REAR) 3 BR, 2 Full Bath, Balcony
Room Information
Rooms: 24
Basement Information
Basement: Finished, Full
Exterior Details
Property Information
Square Footage : 7130
Architectual Style: Semi Detached
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: EXCELLENT
Year Built: 1992
Year Built Source: Other
Building Information
Levels: Three Or More
Building Area Units: Square Feet
Construction Methods: Brick
Lot Information
Lot Size Acres: 0.05
Lot Size Square Feet: 2337
Lot Size Dimensions: 23.37x100
Land Information
Water Source: Public
Water Source: Gas Stand Alone
Financial Details
Tax Annual Amount: $56,732
Utilities Details
Cooling: Yes
Cooling: Wall Unit(s)
Heating: Natural Gas, Steam
Sewer : Public Sewer
Location Details
Directions: Google Maps
County or Parish: Queens
Other Details
Selling Agency Compensation: 1.5
On Market Date: 2023-10-17
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
12
Beds
5
Baths
-
$1,900,000
Jun 4, 2020
$1,900,000
Nov 10, 2020
$850/mo
Sold
Multifamily
7
Beds
5
Baths
-
$1,600,000
May 18, 2023
$1,600,000
Sep 7, 2023
$1,044/mo
Sold
Multifamily
5
Beds
7
Baths
-
$1,800,000
Mar 10, 2021
$1,800,000
Aug 24, 2021
$1,197/mo
Sold
Multifamily
9
Beds
5
Baths
-
$1,730,000
Feb 1, 2022
$1,730,000
Jun 27, 2022
$1,305/mo
Sold
Multifamily
8
Beds
3
Baths
-
$1,650,000
Aug 31, 2023
$1,650,000
Oct 30, 2023
$983/mo
Sold
Multifamily
7
Beds
6
Baths
-
$1,800,000
Jul 12, 2022
$1,800,000
Dec 28, 2022
$842/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
08/16/2022
|
|
11 Bed
|
10 Bath
|
-
|
$2,400,000
11 Bed
10 Bath
|
-
-
|
-
|
Ernesto Salva
City Realty Group
|
Building Info
35-25 86th Street
35-25 86th Street, Jackson Heights, NY 11372
- 5 Units
- 1 Unit for Sale