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    72-16 34Th Ave Jackson Heights, NY 11372

    Sponsored
    For Sale
    $1,398,000

    MULTI_FAMILY - Jackson Heights, NY

    Lot size:
    0.07 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 7 at 9:06 pm

    Property Features for 72-16 34Th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R5
    Rooms
    Basement
    APN
    01259-0007
    Parking features
    On Street, Open
    Fencing
    Chain Link
    Basement
    Full, Unfinished
    Appliances
    Gas Range, Refrigerator
    Lot size
    0.07 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Oil
    Cooling system
    Wall/Window Unit(s), Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1928
    Floors in Building
    3
    Number of units
    6
    Building materials
    Brick

    Remax 1st Choice (917) 406-6026 [email protected]

    Listing agent Po Wei Tair (917) 406-6026

    Listing date Jan 6, 2026

    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.

    Overview

    Jackson Heights Multifamily Investment Opportunity

    This six-family property in Jackson Heights presents an investment opportunity, featuring separate utilities and strong in-place income. The building includes 7 separate gas and electric meters, providing individual metered service to each unit. Heating is provided by a Weil-McLain boiler, supported by two oil tanks. The property generates annual rents exceeding $100,000. Located minutes from the Jackson Heights-Roosevelt Avenue transit hub, tenants have access to the 7, E, F, M, and R lines, providing convenient access to Midtown Manhattan, Astoria, and Long Island City. The location is surrounded by a diverse food scene, including Michelin-recognized restaurants and local favorites along Roosevelt Avenue. This location supports steady rental demand and long-term income potential in an established rental neighborhood. The lot size is 0.0702 acres. The zoning is R5.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    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
    -73.901844
    Latitude
    40.751731

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    FAQs

    What type of property is this?
    Apartment building - Six-family property with strong income and excellent transit access.
    Where is this apartment building located?
    The property is located at 72-16 34Th Ave Jackson Heights, NY.
    What is the asking price?
    The asking price for this property is $1,398,000.
    What are key features of this property?
    This property features: - Strong in-place income exceeding $100,000 annually, offering immediate cash flow.; - Prime Jackson Heights location with exceptional access to the 7, E, F, M, and R subway lines.; - Separate gas and electric meters for each unit, simplifying cost allocation and management.
    (917) 406-6026
    Request Owner's contact information
    72-16 34Th Ave Jackson Heights, NY 11372
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    Jackson Heights, NY 11372
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    Realmo Value Estimation

    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.

    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.

    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
    72-16 34Th Ave Jackson Heights, NY 11372
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