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Multi-Building Mixed-Use Portfolio
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40-32 74th Street, Jackson Heights, NY 11373

Three-building portfolio offers 12 residential units and 3 commercial units near major Queens transit and corridors.

Property Size15,345 SF
Days on Market132

Property Features for 40-32 74th Street

General Information

Standard status Active
Size 15,345 SF
Property subtype Mixed Use, Multifamily, Retail

Additional Details

Highway Access Yes
Multifamily Units 12
Listing Agency: Maltz Auctions
Listed By: Richard Maltz · License #NY 10311204111
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 6:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Maltz Auctions

Investment Insights

Based on property information with market context.

This three-building portfolio includes 12 residential units and 3 commercial units, presented together as a single offering. The residential mix consists of nine one-bedroom units and three three-bedroom units, providing a straightforward income-producing configuration within the same portfolio footprint.

The property is offered through a bankruptcy auction with the United States Bankruptcy Court for the Eastern District of New York. The portfolio comprises 40-32, 40-34, and 40-36 74th Street in Jackson Heights, Queens. It is approximately 1.5 blocks to the MTA Roosevelt Avenue/Jackson Heights Station serving the 7, E, F, M and R lines, with Northern Boulevard, Queens Boulevard, and the Brooklyn Queens Expressway ramp located within 6 blocks. Elmhurst Hospital Center is noted as being about 3 blocks away.

Additional portfolio details provided include an annual rent roll of $544,260 and annual real estate taxes of $39,909.28.

Key Highlights

  • Three‑building portfolio at 40‑32, 40‑34, and 40‑36 74th Street in Jackson Heights, Queens, NY 11373
  • Includes 12 residential units: 9 one‑bedroom and 3 three‑bedroom units
  • Includes 3 commercial units

Property Analytics

Current Use

Pak Podiatry: Sadia ... Physician

Suggested Use

Top Pick Law Firm Acupuncture Skin Care Clinic Parking Lot & Garage Clothing & Fashion Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,747
Businesses Nearby

Demographics for 11373, NY

105,712
Population
34,797
Households
3
Avg Household Size
38
Median Age
30%
College-Educated
75%
High-School Grad
1.5 sq mi
ZIP Area
70,475
Density / Sq Mi
$71,470
Median Household Income
$36,043
Median Earnings
$1,913
Median Rent
$683,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Three-building portfolio offers 12 residential units and 3 commercial units near major Queens transit and corridors.
Where is this apartment building located?
The property is located at 40-32 74th Street Jackson Heights, NY.
What are key features of this property?
This property features: Three‑building portfolio at 40‑32, 40‑34, and 40‑36 74th Street in Jackson Heights, Queens, NY 11373; Includes 12 residential units: 9 one‑bedroom and 3 three‑bedroom units; Includes 3 commercial units
(516) 349-7022 Call to check price and availability
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