162- 30 86 Ave, Queens, NY 11432
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.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.