72-16 34th AVE, Jackson Heights, NY 11372
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72-16 34th AVE, Jackson Heights, NY 11372
72-16 34th AVE, Jackson Heights, NY 11372
72-16 34th AVE, Jackson Heights, NY 11372
72-16 34th AVE, Jackson Heights, NY 11372
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NIELS PENNINGS

NIELS PENNINGS

+1(917) 583-2567
$ 1,298,000
Est. payment /mo
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Price Dropped by $100K

72-16 34th AVE Jackson Heights, NY 11372

3,057 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 947907

Rental Info No

Year Built 1928

Annual Tax Amount $24,475

Lot Size 3,057 Sqft

Acres 0.0702

Property Sub-Type Multi Family

Source onekey2

Property Description

Six-family investment opportunity in prime Jackson Heights with separate utilities, strong in-place income, and exceptional transportation access. With 7 separate gas and electric meters, each unit has its own metered service, simplifying cost allocation and management for an owner or investor. With two oil tanks, this building is heated by a Weil-McLain boiler. Annual rents exceed $100,000, offering immediate cash flow with room to evaluate upside over time. Just minutes to the Jackson Heights–Roosevelt Avenue transit hub, tenants can ride the 7, E, F, M and R lines to Midtown Manhattan, Astoria, and Long Island City in roughly 10–20 minutes—three of NYC's most sought-after dining and nightlife districts. At home, they're surrounded by Jackson Heights' own destination food scene, from Michelin-recognized spots like Angel Indian and Phayul to beloved local favorites along Roosevelt Avenue, a draw for renters who want to live where others come to eat and explore. This investment and exceptional location support steady rental demand and long-term income potential in one of Queens' most established rental neighborhoods.

Location

State NY

County Queens

Rooms

Basement Full, Unfinished

Interior

Heating Oil

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Gas Range, Refrigerator

Exterior

Parking Features On Street, Open

Fence Back Yard, Chain Link

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Trash Collection Public, Water Connected

Building

Lot Description Near Public Transit, Near School, Near Shops

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Middle Schools Is 230

High Schools Queens 30

School District Queens 30

Others

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by RE/MAX 1st Choice • Po Wei Tair

Nearby Locations

NIELS PENNINGS

NIELS PENNINGS

Real Estate Advisor | RES.RES.0814910

+1(917) 583-2567

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72-16 34th AVE