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Address Not Available By Request

Jackson Heights, NY 11372
  • $28,800,000
  • STATUS: Active
  • ON SITE: 48 Days
  • MLS #: 3555131
UPDATED: 148 min ago
$28,800,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 55,000
    SQFT
  • $524
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Area:

School Information

Middle School:
School District:

Description

Two contiguous, mixed-use apartment buildings on 82 nd and 83 rd Street with a total of 55,000 SF combined (27,500 SF each) and 62 units (56 residential and 6 commercial), located in prime location of Jackson Heights, New York City. Most of the units are Free Market. New Roof in 2019. Conveniently located near shopping, schools and transportation. In a supply-constrained market with high barriers to entry, the property is a compelling investment opportunity. Location is the biggest amenity of this fee simple property. Rents in NYC have soared recently. The overflow of Manhattan has found its way to Jackson Heights. The eight towers, five-story buildings are situated on a large site of 0.60 acres (26,000 SF). The shared interior, green landscaped courtyards offer residents respite from bustling city life. The property's desirability further increased for tenants due to its commanding view along the Avenue, which has recently been converted by the City into a "Promenade" where residents can stroll for a leisurely walk or jog or push strollers as vehicular traffic has been restricted. Amenities include gated entrances and a central landscaped courtyard. Within 3 blocks of a subway station, and within a 20-minute drive to midtown Manhattan.

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© 2024 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 Ellis Sotheby's International Real Estate. Data last updated: 2024-07-18T17:20:24.8.
www.hudsonvalleyrealestate.info/homes/151093933
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Address Not Available By Request Jackson Heights, NY 11372

  • Price: $28,800,000
  • Status: Active
  • On Site: 48 Days
  • Updated: 148 min ago
  • MLS #: 3555131
0
Beds
0
Baths
0
½ Baths
0.3
Acres
55,000
SQFT
$524
$/SQFT
1920
Built
Neighborhood:
Queens
County:
Queens
Area:
Queens
Middle School:
Is 61 Leonardo Da Vinci
High School:
William Cullen Bryant High School
School District:
Queens 24
Property Description
Two contiguous, mixed-use apartment buildings on 82 nd and 83 rd Street with a total of 55,000 SF combined (27,500 SF each) and 62 units (56 residential and 6 commercial), located in prime location of Jackson Heights, New York City. Most of the units are Free Market. New Roof in 2019. Conveniently located near shopping, schools and transportation. In a supply-constrained market with high barriers to entry, the property is a compelling investment opportunity. Location is the biggest amenity of this fee simple property. Rents in NYC have soared recently. The overflow of Manhattan has found its way to Jackson Heights. The eight towers, five-story buildings are situated on a large site of 0.60 acres (26,000 SF). The shared interior, green landscaped courtyards offer residents respite from bustling city life. The property's desirability further increased for tenants due to its commanding view along the Avenue, which has recently been converted by the City into a "Promenade" where residents can stroll for a leisurely walk or jog or push strollers as vehicular traffic has been restricted. Amenities include gated entrances and a central landscaped courtyard. Within 3 blocks of a subway station, and within a 20-minute drive to midtown Manhattan.
Exterior Features

Architectural Style Mid-Rise Attached Garage YN No Construction Materials Brick Cross Street 34th Ave Lot Features Near Public Transit Parking Features Off Street Property Attached YN No

Interior Features

Basement Details Walk-Out Access Common Walls No Common Walls Cooling Window Unit(s) Cooling YN Yes Fireplaces Total 0 Heating Natural GasOilHot Water Hot Water Gas Stand Alone Number Of Kitchens 0 Rooms Total 0

Property Features

Community Features ParkNear Public Transportation Lease Considered YN No MLSArea Minor 11 New Construction YN No Number Of Separate Electric Meters 32 Number Of Separate Gas Meters 32 Property Sub Type Multi Family Senior Community YN No Sewer Sewer Tax Annual Amount 411078.5 Tax Annual Amount1 411078.5 Water Source Public

Listing courtesy of Mark Anthony of Reliance USA Inc: info@reliusa.com
© 2024 OneKey MLS. All rights reserved.


© 2024 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 Ellis Sotheby's International Real Estate. Data last updated: 2024-07-18T17:20:24.8.
 
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Ellis Sotheby's International Real Estate
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