$1,398,000

72-16 34th Avenue, Jackson Heights, NY 11372

  • 4,770 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1928
  • Property Lot Size Icon3,058sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $293/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Data Last Updated:
February 8, 2026 at 4:22AM
Listing Office:
RE/MAX 1st Choice : 516-888-6000
MLS ID:
947907
  • Appliances: Gas RangeRefrigerator
  • Basement: FullUnfinished
  • A/C: Wall/Window Unit(s)
  • Heating: Oil
  • Parking: On StreetOpen
  • Originating MLS: onekey2
  • School District: Queens 30
  • County: Queens
  • Zoning: R501259-0007
  • Fencing: Back YardChain Link
  • Utilities: Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedTrash Collection PublicWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

Presented by Veterans United Realty

This listing courtesy of RE/MAX 1st Choice

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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