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$1,395,000
1048951 MLS
Exceptional value-add investment opportunity in the heart of Jackson Heights. This well-maintained five-family building, constructed in 1992, offers approximately 6,240 SF across four stories on a 25.42 x 100 lot, featuring renovated apartments, an updated lobby, and a newer roof and boiler (approximately five years old). The unit mix spans one-, two-, and three-bedroom layouts, and tenants pay their own gas, heat, and hot water, keeping owner expenses low. Current gross income of $142,020 supports a 4.7% cap rate at the asking price, with strong pro-forma upside to approximately 7.8% by bringing rents to market and capturing additional income from the lower level and on-site parking. Four parking spaces, including a two-car garage, are a rare and valuable amenity in this location. Located in a C2 commercial overlay zone, the ground floor offers flexibility for professional, medical, or office use, enhancing the property's long-term appeal. The building shows no open violations, and a survey is available. Set on a tree-lined street minutes from the 7 train, the 82nd Street and Roosevelt Avenue shopping corridor, restaurants, and parks, the location earns top walkability and transit ratings. Offered by a long-term absentee owner, this is a turnkey opportunity to acquire a well-located, income-producing asset with clear paths to increased revenue. Buyer to perform own due diligence regarding rents, unit configurations, and permitted uses.

35-57 86th Street, Jackson Heights

$2,350,000
1044240 MLS
Built in 1923 as part of the original Cambridge Court development, this distinctive property is located within the Jackson Heights Historic District and benefits from landmark status. The fully leased, 17-unit building offers immediate cash flow and represents an excellent addition to any real estate portfolio. Long-term ownership has carefully managed and maintained the property in very good condition. Situated on a charming, tree-lined block of 86th Street between 37th Avenue and Roosevelt Avenue, the property is surrounded by numerous commercial businesses, neighborhood amenities, shopping, dining and convenient transportation. This is not your average building of its size. The four-story walk-up boasts an impressive 65 feet of frontage on a substantial 65' × 100' lot totaling approximately 6,500 square feet. With a down payment of 40% or more, the seller will consider financing at 5% interest-only for the first two years. A well-maintained historic property, strong Jackson Heights location and attractive financing opportunity make this building a valuable addition to any investor’s portfolio.

3728 86th Street, Jackson Heights

$1,749,000
1032403 MLS
Introducing an exceptional investment opportunity in the heart of Jackson Heights. This well-maintained, all-brick 5-unit multifamily building offers approximately 5,852 square feet of building area on a 2,337 square foot lot and is ideally positioned in one of Queens' most sought-after rental markets. The building is serviced by natural gas hot water heat with separate gas and electric meters, offering efficient management for investors. Zoned R5, this property presents strong long-term investment potential with consistent rental demand and future upside. Conveniently located near Roosevelt Avenue, public transportation, shopping, restaurants, schools, and major thoroughfares, this is a rare opportunity to acquire a stabilized multifamily asset in a prime Jackson Heights location. Ideal for both seasoned investors and those looking to expand their multifamily portfolio.

3525 86th Street, Jackson Heights

$2,600,000
935511 MLS
Exceptional investment opportunity in the heart of Jackson Heights! This well-maintained 16-unit building features a balanced mix of 8 two-bedroom and 8 one-bedroom apartments, offering strong rental potential in a highly desirable neighborhood. The property has undergone significant upgrades, including 100K (Local Law 11) completed, ensuring safety and compliance, and a new, efficient boiler system (upgraded from 2000 to 700). All apartments have been modernized with new plumbing and pipes throughout, reducing maintenance needs and enhancing long-term value. The building is professionally managed and 10% owner-managed, reflecting dedicated oversight and care. With its solid infrastructure, prime location, and stable tenant base, this property presents a rare, turn-key opportunity for investors seeking reliable income and long-term appreciation in one of Queens’ most vibrant communities.

35-34 94TH Street, Jackson Heights

$1,590,000
921946 MLS
Five-Family Brick Home Excellent Condition Garage + Basement Welcome to this exceptional five-family property in one of Jackson Heights’ most convenient and desirable locations. This solid brick home offers a rare combination of spacious layouts, private outdoor spaces, and great income potential. First Floor: Two-bedroom, two-bathroom unit with a private garage and access to a full basement perfect for additional storage or recreation. Second Floor: Two well-designed one-bedroom units, each with bright living spaces and modern finishes. Third & Fourth Floors duplex a beautiful three-bedroom, two-bathroom and a two-bedroom, two-bathroom unit — both featuring balconies and access to a front porch and private terrace. Each apartment is in excellent condition, featuring large living rooms, updated kitchens and bathrooms, and great natural light. The upper-floor units enjoy private balconies and outdoor access, making them highly desirable for tenants. This property is ideal for investors seeking strong rental income or end-users looking for a combination of living and investment opportunity. Conveniently located near transportation, shopping, dining, and schools, this home truly captures the best of Jackson Heights living.

3523 86th Street, Jackson Heights

$3,498,000
813794 MLS
Excellent Investment Opportunity in the Heart of Jackson Heights!!! Discover this excepcional mixed-used building, perfectly situated in one of the Queen's most vibrant neighborhoods. This well-build property features five spacious apartments and an extra-large commercial space located on the first floor, offering incredible flexibility for various business ventures. Commercial space ideal for multiple types of business such a Dr's office, daycare center, church, retail shop and more. Ample space to accommodate your vision and business needs. Conveniently located near mayor transportation needs for easy access. Close to schools, restaurants, and local amenities, making it highly desirable area for residents and business alike. Situated in the heart of Jackson Heights , known for its bustling and diverse community. Don't miss this rare opportunity to own a versatile investment property in a thriving neighborhood. Whether you're an investor or a business owner, this building is a perfect choice.

35-50 92 Street, Jackson Heights

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.