Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.