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Six-Unit Apartment Building
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3067 42nd Street, New York, NY 11103

Fully occupied, rent-stabilized residences with a full basement and R5 zoning.

Property SizeContact for details
Days on Market126

Property Features for 3067 42nd Street

General Information

Standard status Active
Property subtype Multifamily
Zoning R5
Occupancy 100%

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 6 x 3BR/1BA
Multifamily Units 6

Building Details

Year Built 1928
Buildings 1
Units 6
Listing Agency: Homix Realty Inc
Listed By: Meixuan Li · License #993908
Source: Crexi
Added: May 2 Changed: Sep 2 Last Checked: Sep 2 at 9:32AM

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 Homix Realty Inc

Investment Insights

Based on property information with market context.

Built in 1928, this six-unit apartment building contains six three-bedroom, one-bath residences. The apartments are rent-stabilized and fully occupied, and the property includes a full basement. The building measures 28 X 68, with a 28 X 100 lot, and carries R5 zoning.

Located at 3067 42nd Street in New York, the property is a 15-minute walk from the N/W 30th Ave Station, while the Q18 bus is two blocks away on Steinway St. Access to the Queensboro Bridge, Grand Central Parkway, and Triboro Bridge adds connectivity to the surrounding area. The cap rate is close to 5%.

Key Highlights

  • Six‑unit apartment building with six three‑bedroom, one‑bath residences
  • All six units are fully occupied and rent‑stabilized
  • Full basement included

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Spa & Massage Center Gym & Fitness Center Bar & Pub

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

6
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

5,382
Businesses Nearby

Demographics for 11103, NY

37,362
Population
18,833
Households
2
Avg Household Size
36
Median Age
52%
College-Educated
89%
High-School Grad
0.7 sq mi
ZIP Area
53,374
Density / Sq Mi
$92,787
Median Household Income
$59,050
Median Earnings
$2,120
Median Rent
$1,003,500
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 - Fully occupied, rent-stabilized residences with a full basement and R5 zoning.
Where is this apartment building located?
The property is located at 3067 42nd Street New York, NY.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: Six‑unit apartment building with six three‑bedroom, one‑bath residences; All six units are fully occupied and rent‑stabilized; Full basement included
(929) 530-8999 Call to check price and availability
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