Property Description

Rarely available, all-brick, legal 5-family semi-detached home in a prime Jackson Heights location (11370). This multi-level property features a total of 9 bedrooms, 5 bathrooms, shared driveway, detached 2-car garage, and much more. The ground level features 2 residences, each with a 1 bedroom /1 bathroom apartment (one in front of home, one in the rear), and a private outside entrance. The first floor features 1 residence with a 3 bedrooms /1 bathroom apartment, and the top floor features 2 residences, each with a 2 bedrooms /1 bathroom apartments (one in front of home, one in the rear). Building size of 20 x 56 provides over 3000 ft. of living space all throughout. All units, as well as the building, have been well-maintained throughout the years. The building is currently occupied and being sold with good-standing tenants, generating a monthly rent roll of $7,800 or $93,600 annually. Located less than 1 block from trendy Northern Boulevard, providing easy access to Grand Central Parkway, I-278, and I-678. Also, 3 blocks from vibrant 37th Avenue for shops, restaurants, and retail, and only 4 blocks from bustling Roosevelt Avenue with easy access to 82nd St - Jackson Hts (7 line). Known for its steady appreciation and vibrant community, this 5-family in Jackson Heights provides a rare entry point to invest in one of New York City's most resilient and highly sought-after rental markets.

Property Features

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