Nest Seekers

Exceptional investment opportunity in the heart of Jackson Heights !

New York, NY 11372

Listing

Web ID:5119420
Website:https://www.nestseekers.com/5119420

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio

Financials

Price:$2,600,000
Annual Taxes:$71,921

Description

Exceptional investment opportunity in the heart of Jackson Heights! This well-maintained 16-unit building features a balanced mix of 8 two-bedroom and 8 one-bedroom apartments, offering strong rental potential in a highly desirable neighborhood. The property has undergone significant upgrades, including 100K (Local Law 11) completed, ensuring safety and compliance, and a new, efficient boiler system (upgraded from 2000 to 700). All apartments have been modernized with new plumbing and pipes throughout, reducing maintenance needs and enhancing long-term value. The building is professionally managed and 10% owner-managed, reflecting dedicated oversight and care. With its solid infrastructure, prime location, and stable tenant base, this property presents a rare, turn-key opportunity for investors seeking reliable income and long-term appreciation in one of Queens’ most vibrant communities.

Amenities

  • Electricity Available
  • Gas Range
  • Microwave
  • Refrigerator
  • View of exterior entry featuring brick siding and cooling unit
  • View of exterior entry featuring brick siding and cooling unit
  • View of exterior entry featuring brick siding and cooling unit
  • Entrance to property with brick siding
  • Property entrance with brick siding
  • View of property
  • View of property
  • View of apartment building / complex with cooling unit
  • View of property
  • View of concrete alley
  • Stairs with a textured wall and tile patterned floors
  • Hall with a textured wall, crown molding, and dark flooring
  • Staircase featuring a textured wall, a textured ceiling, and ornamental molding
  • Staircase featuring a textured wall, a textured ceiling, and ornamental molding
  • Staircase featuring a textured wall, ornamental molding, and a textured ceiling
  • Staircase featuring a textured wall, a textured ceiling, and tile patterned floors
  • View of gate
  • View of unfinished basement

Contact

Long Island City, NY
47-44 Vernon Blvd, Long Island City, NY 11101
Phone: +1 718-707-0200
Fax: +1 718-707-0233
lic@nestseekers.com
Listing Courtesy of 5 Boro Realty Corp
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