Property profile

162- 30 86 Ave Queens, NY 11432

OFF-MARKET
Retail properties & Spaces
7,080 SF Built 1931
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Property summary

AI-generated overview

This exceptional retail property at 162-30 86th Ave in Queens, NY, presents a compelling investment opportunity. The 7,080 square foot building, constructed in 1931, is a four-story structure situated on a 6,000 square foot lot. The property comprises nine one-bedroom units, each designed for comfortable living, offering strong rental income potential. A significant advantage is the inclusion of a versatile walk-in unit, ideally suited for a medical office or similar professional use, given its high visibility and foot traffic in this bustling Jamaica Hills location. Parking is readily available with five dedicated spaces, including a two-car garage, a rare amenity in this area. The building's high ceilings contribute to a bright and spacious atmosphere. The asking price is $3,200,000. This property offers a blend of residential and commercial potential in a highly desirable and convenient location, making it an attractive investment for discerning buyers. The 11432 zip code ensures easy access to major transportation routes and local amenities. This well-maintained building presents a solid foundation for immediate income and future appreciation.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1931
Total area 7,080 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

162- 30 86 Ave Queens, NY 11432
Queens metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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