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37-28 75th Street

Jackson Heights, NY 11372
  • $2,995,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 3453086
$2,995,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
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Area:

School Ratings & Info

Description

This property consists of a four-story walk-up apartment building totaling 10,720 SF (approx.) Originally built as a 14 residential units with two commercial spaces in the lower level, it is currently being used as 10 residential units ( a mixture of Studios and 1 Bedrooms apartments all with terraces) and 4 commercial rentals ( The two original commercials spaces on lower level and the 4 apartments on first floor converted to 2 separate commercial rentals) The building is situated on a 40 x 100 lot with shared access to rear yard between neighboring building. Located between 37th and Roosevelt Avenues in the Jackson Heights neighborhood of Queens, NY. Six of the ten residential units are currently occupied and three of the four commercial spaces are rented with long term tenants. Roosevelt and 37 Avenues has a variety of small businesses and national chains close by. One block from Roosevelt Avenue subway (7, E, F, M, and R) and a couple blocks from the Historic District of Jackson Heights. This property presents an ideal long-term value-add investment or 1031 exchange opportunity.

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© 2023 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Pagano | Keller Williams Realty. Data last updated: 2023-02-08T00:17:21.063.
www.teampaganogroup.com/homes/136130962
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37-28 75th Street Jackson Heights, NY 11372

  • Price: $2,995,000
  • Status: Active
  • On Site: 21 Days
  • MLS #: 3453086
0
Beds
0
Baths
0
½ Baths
0.09
Acres
Neighborhood:
Queens
County:
Queens
Area:
Queens
Property Description
This property consists of a four-story walk-up apartment building totaling 10,720 SF (approx.) Originally built as a 14 residential units with two commercial spaces in the lower level, it is currently being used as 10 residential units ( a mixture of Studios and 1 Bedrooms apartments all with terraces) and 4 commercial rentals ( The two original commercials spaces on lower level and the 4 apartments on first floor converted to 2 separate commercial rentals) The building is situated on a 40 x 100 lot with shared access to rear yard between neighboring building. Located between 37th and Roosevelt Avenues in the Jackson Heights neighborhood of Queens, NY. Six of the ten residential units are currently occupied and three of the four commercial spaces are rented with long term tenants. Roosevelt and 37 Avenues has a variety of small businesses and national chains close by. One block from Roosevelt Avenue subway (7, E, F, M, and R) and a couple blocks from the Historic District of Jackson Heights. This property presents an ideal long-term value-add investment or 1031 exchange opportunity.
Exterior Features

Lot Size Dimensions 40X100

Property Features

Business Type Mixed Cross Street 37 Ave Net Operating Income 177756.00 Operating Expense 118083.00 Property Sub Type Mixed Use

Listing courtesy of Shameer Fazal of Keller Williams Landmark II: 347-846-1200
© 2023 OneKey MLS. All rights reserved.


© 2023 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Pagano | Keller Williams Realty. Data last updated: 2023-02-08T00:17:21.063.
 
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