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Historic 17-Unit Apartment Building
For Sale
$2,350,000

3728 86th Street, Jackson Heights, NY 11372

Commercial Sale, Jackson Heights, NY

Property SizeContact for details
Lot Size0.15 Acres
Days on Market50

Property Features for 3728 86th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning R7-1
Rooms Basement
Basement Full, Walk-Out Access, Storage Space
Elementary school district Queens 30
Middle school district Queens 30
High school district Queens 30
Directions Enter from 37th Avenue onto 86th Street, property is in the middle of the block on the right side before Roosevelt Avenue
Standard status Active
APN 01473-0022
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 50244

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Oil
Water source Public

Building Details

Year built 1923
Floors in Building 4
Number of units 17
Building materials Brick
Architectural style Other
Listing Agency: Keller Williams Landmark II · Keller Williams Realty
Listed By: Steven R. Sokolof
Added: Sep 2 Changed: Oct 16 Last Checked: Oct 21 at 11:06PM
MLS# 1044240

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.

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Investment Insights

Based on property information with market context.

This four-story, walk-up apartment building contains 17 units and was constructed in 1923. The brick property includes a basement, oil heating, public water, public sewer, and cable availability. It is fully leased and has been maintained in very good condition.

The building occupies a 65' * 100' lot totaling approximately 6,500 square feet, with 65 feet of frontage on 86th Street between 37th Avenue and Roosevelt Avenue. The property is within the Jackson Heights Historic District and carries landmark status. Commercial businesses, shopping, dining, neighborhood amenities, and transportation options are located in the surrounding area. Zoning is R7-1.

Key Highlights

  • 17‑unit apartment building built in 1923
  • Four‑story walk‑up with brick construction and basement
  • Fully leased property within the Jackson Heights Historic District

Property Analytics

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Lease Details

17
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

7,971
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 - Four-story walk-up in the Jackson Heights Historic District with public water and sewer service.
Where is this apartment building located?
The property is located at 3728 86th Street Jackson Heights, NY.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: 17‑unit apartment building built in 1923; Four‑story walk‑up with brick construction and basement; Fully leased property within the Jackson Heights Historic District
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