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Five-Unit Brick Apartment Building

3324 89th Street, Jackson Heights, NY 11372

For Sale
$2,650,000

Commercial Sale, Jackson Heights, NY

Property Size1,540 SF
Lot Size0.06 Acres
Price / SF$1,720
Days on Market257

Property Features for 3324 89th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning R5
Parking 2
Parking features Garage
Standard status Active
APN 01436-0017
Lot size 0.06 Acres

Additional Details

Individually Metered Utilities unspecified utilities

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 12159

Utilities

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

Building Details

Year built 1935
Number of units 5
Building materials Brick
Buildings 1
Listing Agency: Century Homes Realty Group LLC · EXIT Realty
Listed By: Phyllis Cheng
Added: Mar 2 Changed: Nov 6 Last Checked: Nov 13 at 11:06PM
MLS# 966382

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.

Rey
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Investment Insights

Based on property information with market context.

This five-unit apartment property is a semi-attached brick building constructed in 1935. The unit mix includes three-bedroom and two-bedroom apartments, each with one bath. The building measures approximately 1,540 square feet and includes a steam boiler with gas heat, window or wall/window cooling units, and five separate utility meters.

A new roof was installed in 2025. The property also provides a two-car garage, public sewer service, and water availability. It is located at 3324 89th Street in Jackson Heights, Queens, with R5 zoning.

Key Highlights

  • Five‑family semi‑attached brick building constructed in 1935
  • Unit mix includes three‑bedroom and two‑bedroom apartments, each with one bath
  • Approximately 1,540 sq ft building

Property Analytics

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Current Use

1031 exchange properties

Suggested Use

Top Pick Law Firm Gym & Fitness Center Parking Lot & Garage Real Estate Agency Nursing Home Carpet & Flooring 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

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

Average Price Trend$/SF for Apartment buildings in Queens County, NY

$604 Jul
$530 Aug
$537 Sep
$479 Oct

Properties on Market for Apartment buildings in Queens County

Jul
Aug
Sep
Oct

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 - R5-zoned residential property with separate utility metering, steam heat, and a two-car garage.
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: Five‑family semi‑attached brick building constructed in 1935; Unit mix includes three‑bedroom and two‑bedroom apartments, each with one bath; Approximately 1,540 sq ft building
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