$1,395,000

1707 E 34th Street, New York City, NY 11234

  • 5 beds |
  • 4 baths |
  • 2,633 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $530/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Prime Multi-Family Investment Opportunity – Legal 3-Family with Exceptional Parking Rare opportunity to acquire a fully renovated legal three-family property with strong income potential and long-term value. The property sits on a 26.33 ft × 100 ft lot with a building size of approximately 18.33 ft × 40 ft, and each floor features a two-bedroom apartment layout with a living room, full bathroom, and kitchen, making the units highly rentable and appealing to tenants. The entire building underwent a complete gut renovation in 2018, with permits filed and signed off. Major improvements include new boilers, upgraded heating systems, and a new roof, along with professionally repointed brick exterior, significantly reducing future capital expenditures. Each unit is equipped with its own boiler, gas meter, and electric meter, minimizing landlord utility responsibilities and improving operational efficiency. A separate utility room is also in place for maintenance and system access. A standout feature of the property is the extensive parking capacity, including a legal two-car garage, private driveway, and an oversized concrete backyard capable of accommodating up to eight additional vehicles—an extremely rare amenity that can enhance rental value. All units are currently occupied on a month-to-month basis, allowing immediate rental income while providing flexibility for rent adjustments or potential owner occupancy. This semi-detached, low-maintenance, turn-key property presents an excellent opportunity for investors seeking multiple revenue streams and long-term upside potential. Note: The property is still tenant-occupied with on-time payments. Showings are available for serious offers only.

Listing Status:
Active
Date Added:
March 24, 2026
Data Last Updated:
March 26, 2026 at 4:18AM
Listing Office:
Howard Hanna NYC : (212) 729-5712
Listing Agent:
Jack Zhu : (315) 664-6969
MLS ID:
RLS20079123
  • Appliances: DryerWasher
  • Laundry: Building None
  • Heating: None
  • General: Private Outdoor Space Under 60 Sqft
  • General: 0
  • HOA Amenities: Monthly
  • Originating MLS: RLS_REBNY
  • County: Kings
  • Zoning: 07707-0012
  • Source: RLS_REBNY

This listing courtesy of Jack Zhu , Howard Hanna NYC

Monthly Payment

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

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Location

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