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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 Size1,540 SF
Lot Size0.05 Acres
Price / SF$1,720
Days on Market151

Property Features for 3324 89th Street

General Information

Standard status Active
Size 1,540 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

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: Jul 31 Last Checked: Jul 31 at 7:27AM

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

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

Current Use

Apartment buildings

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

1,655
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

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 - 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
More about this property
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