Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3528 93Rd St Jackson Heights, NY 11372

    Sponsored
    For Sale
    $1,449,000

    MULTI_FAMILY - Colonial - Jackson Heights, NY

    Property size:
    680 SF
    Lot size:
    0.05 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 3 at 10:06 pm

    Property Features for 3528 93Rd St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 2, Bedroom 5, Bedroom 4, Bedroom 6, Bathroom 2, Bedroom 3, Basement, Bathroom 3, Bathroom 1, Bedroom 1
    Bedrooms
    6
    Bathrooms
    3
    APN
    01466-0018
    Parking
    2
    Parking features
    Driveway, Garage
    Fencing
    Fenced
    Basement
    Finished
    Size
    680 SF
    Lot size
    0.05 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Multi Units
    Water source
    Public

    Building Details

    Year built
    1920
    Number of units
    3
    Flooring type
    Hardwood
    Building materials
    Brick
    Architectural style
    Colonial

    We can help!

    Listing Contact
    George Herrera

    Keller Williams Landmark II (347) 846-1200

    Listing agent George Herrera

    Listing date Mar 3, 2026

    MLS# 966840 Listing URL

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Jackson Heights Multi-Family with Elevator

    This semi-detached, all-brick, legal three-family residence is situated in the prime Jackson Heights neighborhood. The building features three levels, not including the basement, and contains a total of six bedrooms, with two bedrooms on each floor, and three bathrooms. The property includes a finished basement, a shared driveway, and a detached two-car garage. The building dimensions of 17 x 40 feet provide generous living space on each level. An added feature is a working elevator located at the front of the home. All units are in good condition, and the building has been well-maintained. The property is currently occupied and being sold with tenants in good standing, all of whom are on month-to-month leases and current with their rent. The top floor is currently rented for $2,200 per month, the second floor for $2,000 per month, and the first floor for $2,200 per month. The property is located one block from 37th Avenue, three blocks from Junction Boulevard, four blocks from the Food Bazaar grocery store, and five blocks from the subway station at 90 St - Elmhurst Av (7 line). It is also three blocks from Northern Boulevard, providing easy access to Grand Central Parkway, I-278, and I-678, and near Flushing Meadows Corona Park. The lot size is 0.0505 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jackson Heights
    County
    Queens
    State
    New York
    Longitude
    -73.874577
    Latitude
    40.751959

    Nearby Similar for Sale

    • New
      $1,850,000
      2,818 SF

      Jackson Heights Commercial Building For Sale

      Three commercial units suitable for retail, medical, offices, community space.
      8822 Roosevelt Ave, Jackson Heights, NY 11372
      View Details
    • $363,000

      Jackson Heights Commercial Opportunity

      Established business in a busy area with high-income potential.
      80th NW Northern Boulevard, Jackson Heights, NY 11372
      View Details
    • $250,000

      Turnkey Restaurant/Bar in Jackson Heights

      Fully renovated restaurant/bar with full liquor license in high-traffic area.
      84-18 Northern Boulevard, Jackson Heights, NY 11372
      View Details
    • $298,000
      Pending

      Professional Suite in Jackson Heights

      Renovated professional suite in a busy, accessible Jackson Heights location.
      37-30 73Rd St, Jackson Heights, NY 11372
      View Details
    • New
      $3,600,000
      5,360 SF

      Jackson Heights Multifamily Investment Opportunity

      Two semi-attached 3-family buildings with parking and outdoor space.
      9025A Elmhurst Ave, Jackson Heights, NY 11372
      View Details
    • New
      $2,650,000
      1,540 SF

      Jackson Heights Multifamily Investment Opportunity

      Well-maintained 5-family brick building in prime Jackson Heights location.
      3324 89Th St, Jackson Heights, NY 11372
      View Details
    • New
      $1,098,000
      Pending

      Two-Family Home in Jackson Heights

      Charming two-family home with parking in Jackson Heights.
      31-39 84Th St, Jackson Heights, NY 11370
      View Details
    • $1,590,000
      0.05 Acres

      Five-Family Home, Jackson Heights

      Exceptional five-family brick home in prime Jackson Heights location.
      3523 86Th St, Jackson Heights, NY 11372
      View Details
    • $1,850,000
      2,818 SF

      88-22 Roosevelt Ave

      Retail Medical Office Community Space Three Units Next To Subway!
      88-22 Roosevelt Ave, Jackson Heights, NY 11372
      View Details
    • $1,988,000
      Pending

      Jackson Heights Detached Three-Family House

      Detached three-family house in Jackson Heights, great investment opportunity.
      33-43 83Rd St, Jackson Heights, NY 11372
      View Details
    • $140,000
      4,000 SF

      Grocery Store on Roosevelt Avenue

      Grocery store for sale in high-traffic Queens location.
      92-19 Roosevelt Ave, Jackson Heights, NY 11372
      View Details
    • $1,398,000
      0.07 Acres

      Jackson Heights Multifamily Investment Opportunity

      Six-family property with strong income and excellent transit access.
      72-16 34Th Ave, Jackson Heights, NY 11372
      View Details

    FAQs

    What type of property is this?
    Triplex - Rare three-family property in a prime Jackson Heights location.
    Where is this triplex located?
    The property is located at 3528 93Rd St Jackson Heights, NY.
    What is the asking price?
    The asking price for this property is $1,449,000.
    What are key features of this property?
    This property features: - Rare legal 3-family brick building in prime Jackson Heights location (11372).; - Working elevator, a unique feature for a multi-family home.; - Income-generating property with good-standing tenants on month-to-month leases, providing immediate cash flow.
    (718) 968-5538
    Request Owner's contact information
    3528 93Rd St Jackson Heights, NY 11372
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3528 93Rd St
    Jackson Heights, NY 11372
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3528 93Rd St Jackson Heights, NY 11372
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    George Herrera
    (718) 968-5538 (347) 846-1200
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!