Current Use by Public Records
- Mixed-use properties
Property Details for 70-18 34Th Ave
- Property type
- Mixed-use properties
Description
This exceptional mixed-use investment property, located at 70-18 34th Avenue in Jackson Heights, Queens, presents a compelling opportunity. Priced at $1,350,000, this multifamily building boasts a highly desirable location, just one block from Northern Boulevard and approximately two blocks from the M & R train lines. Multiple bus stops are also within easy reach, providing convenient public transportation access. The property's proximity to I-278 ensures easy highway access. Its enviable position across from a school and near a Citi Bike station adds to its appeal. Local amenities, including supermarkets, banks, shops, and even a bowling alley, are all within walking distance. The building itself is well-maintained and features recently updated systems: a new boiler installed in 2017 and a new water heater installed in the past year. The six apartments are in good condition, comprising three one-bedroom units (located at the front of the building) and three two-bedroom units (situated at the rear). This property is situated in School District 30. While all efforts have been made to ensure the accuracy of this information, potential buyers are advised to independently verify all details, including zoning information and building specifications. This is a truly remarkable opportunity to acquire a well-located, income-generating asset in a thriving Queens neighborhood.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jackson Heights
- County
- 36081
- State
- New York
- Longitude
- -73.8801
- Latitude
- 40.7528
