Five-Unit Apartment Building with
For Sale
Contact for pricing
35-57 86th Street, Jackson Heights, NY 11372
R5 C1-3 zoning accompanies a low-rise multifamily property in Jackson Heights.
Property Size6,240 SF
Price / SF$229.17
Days on Market13
Property Features for 35-57 86th Street
General Information
Standard status
Active
Size
6,240 SF
Class
C
Total Parking Spaces
2
Property subtype
Multifamily, Special Purpose
Zoning
R5 C1-3
Occupancy
100%
Net Operating Income
$65,790
Additional Details
Public Transit
Yes
Multifamily Units
5
Building Details
Year Built
1992
Buildings
1
Units
5
Tenancy
Multi
Listing Agency:
HedgeStone Commercial
Listed By:
Steven Bezmen · License #NY 10301217575
Source:
Crexi
Added: Jul 29
Changed: Aug 3
Last Checked: Aug 9 at 5:51AM
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 HedgeStone Commercial
Investment Insights
Based on property information with market context.
This low-rise apartment building at 35-57 86th Street contains 5 units across 6,240 SF, with a 2-car garage. Constructed in 1992, the property carries R5 C1-3 zoning and is classified as an apartment building. The offering is associated with a projected 7.7% cap rate based on pro forma NOI.
Situated in Jackson Heights, the property is surrounded by restaurants, shops, markets, and a commercial center. Public transportation is accessible from the area, with 37th Avenue and Roosevelt Avenue among the nearby corridors. Travers Park and the Jackson Heights Post Office are also identified as nearby destinations.
Situated in Jackson Heights, the property is surrounded by restaurants, shops, markets, and a commercial center. Public transportation is accessible from the area, with 37th Avenue and Roosevelt Avenue among the nearby corridors. Travers Park and the Jackson Heights Post Office are also identified as nearby destinations.
Key Highlights
- 5‑unit apartment building with 6,240 SF
- 2‑car garage included
- Built in 1992
Property Analytics
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
7,754
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - R5 C1-3 zoning accompanies a low-rise multifamily property in Jackson Heights.
Where is this apartment building located?
The property is located at 35-57 86th Street Jackson Heights, NY.
What is the asking price?
The asking price for this property is $1,430,000.
What are key features of this property?
This property features: 5‑unit apartment building with 6,240 SF; 2‑car garage included; Built in 1992
