162- 30 86 Ave Queens, NY 11432

Property Details for 162- 30 86 Ave

Year built

1931

Property size

7,080 SF

Property type

Retail properties

Description

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.