Jackson Heights Multifamily Investment
72-16 34th Avenue, Jackson Heights, NY 11372
- Added:
- Jan 6, 2026
- Days on Market:
- 127
- Last Refresh:
- May 13 at 6:06 am
Property Features for 72-16 34th Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Rooms
- Basement
- Parking features
- Open, On Street
- Fencing
- Chain Link
- Basement
- Unfinished, Full
- Appliances
- Gas Range, Refrigerator
- Standard status
- Active
- APN
- 01259-0007
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 24475
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Oil
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1928
- Floors in Building
- 3
- Number of units
- 6
- Building materials
- Brick
Listing agent Po Wei Tair License #7.51E+13 (917) 406-6026
Listing office RE/MAX 1st Choice 159 Northern Blvd, Great Neck, NY (516) 888-6000
Listing date Jan 6, 2026
MLS# 947907
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.
HighLights
- Strong in‑place income exceeding $100,000 annually, offering immediate cash flow.
- Prime Jackson Heights location with exceptional access to the 7, E, F, M, and R subway lines.
- Separate gas and electric meters for each unit, simplifying cost allocation and management.
- Located in a desirable rental neighborhood with a destination food scene, including Michelin‑recognized restaurants.
- Proximity to Midtown Manhattan, Astoria, and Long Island City, accessible in 10‑20 minutes.
- Six‑family investment opportunity with long‑term income potential.
Overview
This six-family property in Jackson Heights presents an investment opportunity, featuring separate utilities and strong in-place income. The building includes 7 separate gas and electric meters, providing individual metered service to each unit. Heating is provided by a Weil-McLain boiler, supported by two oil tanks. The property generates annual rents exceeding $100,000. Located minutes from the Jackson Heights-Roosevelt Avenue transit hub, tenants have access to the 7, E, F, M, and R lines, providing convenient access to Midtown Manhattan, Astoria, and Long Island City. The location is surrounded by a diverse food scene, including Michelin-recognized restaurants and local favorites along Roosevelt Avenue. This location supports steady rental demand and long-term income potential in an established rental neighborhood. The lot size is 0.0702 acres. The zoning is R5.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Jackson Heights
- County
- Queens
- State
- New York
- Longitude
- -73.901844
- Latitude
- 40.751731
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Six-family property with strong income and excellent transit access.
Where is this apartment building located?
The property is located at 72-16 34th Avenue Jackson Heights, NY.
What is the asking price?
The asking price for this property is $1,398,000.
What are key features of this property?
This property features: Strong in‑place income exceeding $100,000 annually, offering immediate cash flow.; Prime Jackson Heights location with exceptional access to the 7, E, F, M, and R subway lines.; Separate gas and electric meters for each unit, simplifying cost allocation and management.
