Jackson Heights Multifamily Investment
For Sale
$1,698,888
37-55 88th St, Queens, NY 11372
Four-family building near Roosevelt Ave. and train #7.
Property SizeContact for details
Lot Size0.05 Acres
Days on Market268
Property Features for 37-55 88th St
General Information
Standard status
Active
Lot size
0.05 Acres
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$39,000
Building Details
Year Built
1987
Units
4
Listing Agency:
Posh Homes Realty Inc
(718) 749-6983
Listed By:
Inderjeet Khaneja · License #10401200808
(718) 749-6983
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 8
Last Checked: Aug 22 at 7:46AM
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 Posh Homes Realty Inc
Investment Insights
Based on property information with market context.
This multifamily property is located in the heart of Jackson Heights, situated 100 feet from Roosevelt Avenue. The building features a full basement and four apartments. The first floor apartment has three bedrooms, one full bathroom, and an eat-in kitchen. The second floor apartment includes four bedrooms, two full bathrooms, an eat-in kitchen, and a terrace. The third floor contains two apartments: the front apartment has two bedrooms, one full bathroom, and a kitchen, while the back apartment has two bedrooms, one full bathroom, and a kitchen. The property has a new boiler and a new roof. The property is zoned R-7 and includes a private driveway. It is near the #7 train.
Key Highlights
- R‑7 Zone in Top Location in the Heart of Jackson Heights
- Four apartments provide a strong investment opportunity
- New Boiler and New Roof
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
8,269
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 - Four-family building near Roosevelt Ave. and train #7.
Where is this apartment building located?
The property is located at 37-55 88th St Queens, NY.
What is the asking price?
The asking price for this property is $1,698,888.
What are key features of this property?
This property features: R‑7 Zone in Top Location in the Heart of Jackson Heights; Four apartments provide a strong investment opportunity; New Boiler and New Roof
