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Twin-Building Apartment Property
For Sale
$3,740,000

9815 34th Ave, Queens, NY 11368

Brick construction and a varied regulated unit mix support an established multifamily configuration near transit and daily services.

Property SizeContact for details
Lot Size0.18 Acres
Days on Market129

Property Features for 9815 34th Ave

General Information

Standard status Active
Lot size 0.18 Acres
Property subtype Investment

Units

Unit Mix 21 x 1BR, 11 x 2BR
Multifamily Units 32

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $62,550

Building Details

Year Built 1927
Buildings 2
Units 32
Construction solid brick
Listing Agency: Best Group Realty, Inc.
Listed By: Carmen M. Sang GRI CBR
Source: Elliman
Added: Apr 24 Changed: Aug 29 Last Checked: Jul 16 at 6:28PM

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 Best Group Realty, Inc.

Investment Insights

Based on property information with market context.

This multifamily property comprises two solid-brick apartment buildings at 9815 34th Ave in Queens. Built in 1927, the buildings contain 32 units in total, with 16 units in each building. The unit mix includes 21 one-bedroom apartments and 11 two-bedroom apartments. Thirty units are rent stabilized, while two units are rent controlled.

The property is positioned near main roads and a range of everyday services, including schools, shopping, banks, and eateries. Transit access includes the 7 train Subway station near Roosevelt Ave and Junction Blvd, along with a bus station on Northern Blvd. The site measures 80x100, and each building measures 40x90. WalkScore is 89, TransitScore is 85, and bikeScore is 70.

Key Highlights

  • 32 total units across two 16‑unit brick apartment buildings
  • Unit mix includes 21 one‑bedroom and 11 two‑bedroom apartments
  • 30 units are rent stabilized and 2 units are rent controlled

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Law Firm Nursing Home Garden Center Hotel & Motel (Bike/Boat/Book/etc) 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

32
Residential units

Location Intelligence

Trade Area within ½ mile

5,055
Businesses Nearby

Demographics for 11368, NY

117,110
Population
31,165
Households
3.8
Avg Household Size
34
Median Age
14%
College-Educated
65%
High-School Grad
2.6 sq mi
ZIP Area
45,042
Density / Sq Mi
$71,798
Median Household Income
$33,742
Median Earnings
$1,925
Median Rent
$751,700
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 - Brick construction and a varied regulated unit mix support an established multifamily configuration near transit and daily services.
Where is this apartment building located?
The property is located at 9815 34th Ave Queens, NY.
What is the asking price?
The asking price for this property is $3,740,000.
What are key features of this property?
This property features: 32 total units across two 16‑unit brick apartment buildings; Unit mix includes 21 one‑bedroom and 11 two‑bedroom apartments; 30 units are rent stabilized and 2 units are rent controlled
More about this property
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