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Five-Family Brick Apartment Building with New Roof
For Sale
$2,650,000

3324 89th Street, Jackson Heights, NY 11372

Well-maintained five-family brick building with a new roof from 2025 and gas steam heat via separate meters.

Property Size3,713 SF
Lot Size0.05 Acres
Price / SF$1,720
Days on Market243

Property Features for 3324 89th Street

General Information

Standard status Active
Size 3,713 SF
Total Parking Spaces 2
Lot size 0.05 Acres
Property subtype Multi Family

Units

Unit Mix 2 x 3BR/1BA, 3 x 2BR/1BA
Multifamily Units 5

Taxes and HOA fees

Annual Taxes $12,159

Building Details

Building Size 3,713 SF
Year Built 1935
Buildings 1
Construction brick
Listing Agency: Century Homes Realty Group LLC
Listed By: Phyllis Cheng
Source: Serhant
Added: Mar 2 Changed: Oct 31 Last Checked: Oct 30 at 10:16PM

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 Century Homes Realty Group LLC

Rey
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Investment Insights

Based on property information with market context.

This well-maintained five-family semi-attached brick building offers five distinct apartments with a straightforward market-rate unit mix. The building includes 1F (three bedrooms, one bath), 2F (two bedrooms, one bath), 2R (two bedrooms, one bath), 3F (three bedrooms, one bath), and a ground-level unit (two bedrooms, one bath). Built in 1935, the property features solid brick/masonry construction, steam boiler heat with gas service, and five separate meters.

Recent and durable improvements include a new roof installed in 2025. The property also includes a two-car garage. Private showings are available by appointment only.

The building is configured to support long-term residential income with multiple unit layouts under one roof, with the physical improvements and utilities separated by unit for operational convenience.

Key Highlights

  • New roof installed in 2025
  • Five separate meters
  • Built in 1935 with solid brick/masonry construction

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

6,317
Businesses Nearby

Demographics for 11372, NY

68,000
Population
26,613
Households
2.6
Avg Household Size
41
Median Age
35%
College-Educated
81%
High-School Grad
0.7 sq mi
ZIP Area
97,143
Density / Sq Mi
$77,133
Median Household Income
$44,415
Median Earnings
$1,795
Median Rent
$454,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained five-family brick building with a new roof from 2025 and gas steam heat via separate meters.
Where is this apartment building located?
The property is located at 3324 89th Street Jackson Heights, NY.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: New roof installed in 2025; Five separate meters; Built in 1935 with solid brick/masonry construction
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