$1,800,000 $1,995,000
Updated 3 hours ago
Price drop
Jackson Heights, Queens | 32nd Ave & Northern Blvd
14 Rooms8 Beds3.5 Baths4,050 Square FeetMixed Use

$1,800,000 $1,995,000
floors / apts3 / 2
Lot Size25'x100'
Built Size20'x65'
ZoneR4
Building TypeHouse
RE Taxes$12,240
Price Per SF
$444

Building Amenities

  • Driveway
  • Elevator
  • Wheelchair Access

Property Description

Comprised of a massive built out ground floor medical office and two 4 bedroom residential apartments above, this mixed use building is set up to be delivered fully vacant and ready for occupancy. First residential unit has four bedrooms and one bathroom. Second residential unit above has two baths, skylights, four bedrooms and an office. Each residential floor is approximately 1,350 SF. Once home to a thriving dental practice, medical space has a handicap accessible elevator, waiting room, reception desk, five plumbed exam rooms, added office/exam room, handicap accessible bathroom and central air conditioning. Garage and an additional parking spot in the rear is accessible by a gated driveway. There is second ingress/egress from the side of the building as well, for both safety and convenience. This is a complete investment opportunity, with projected 5.6% cap rate, we are excited to bring to market. Setup sheet is available upon request. Viewings are by appointment only. Call to schedule!

Listing History

Now
01/25/2022
$1,800,000 [-$195,000] [9.8%]
Price Drop by Armen Meschian
CORE
2022

Building Details

OwnershipMixed Use
Building TypeHouse
AgePre-War
AccessElevator
Year Built1930
Floors/Apts3/2
Learn More About the Building

Jackson Heights | Queens

Quick Profile

Jackson Heights has one of the most diverse populations in the city, and over 100 languages are spoken here. With this cultural diversity comes supporting restaurants, bars, shops and cultural opportunities. It is a mix of commercial and residential properties. There is a wide range of shops and service businesses, so that anything you would need, from a barber, to a pharmacy, to clothing, and food is available right in the neighborhood, no matter which culture or language you might need these services provided in. 

Jackson Heights has three nicknames, based on micro-neighborhoods with the neighborhood as a whole. Little India occupies an area on 74th Street, while parts of 73rd Street are known as Little Pakistan. Little Columbia is along 37th Avenue.

A large portion of Jackson Heights has been designated as an historic district, from Roosevelt Avenue to Northern Boulevard, between the east side of 76th Street to the west side of 88th Street.

Jackson Heights was a planned community, where the first “garden apartments” were created in buildings constructed around central gardens and green spaces that gave neighbors a place to meet and socialize with one another, created places for children to play, allowing light to come into the apartments and air to flow freely through them. These gardens are private and only residents have access to them. Passing by the buildings, you might not even guess the gardens were there, as they are not generally visible from the street. 

Additionally, there are some mid-rise apartment buildings. Some of these are rentals, some are co-ops, and some are condos. There are a few attached row houses that provide housing for one to three families. 

As much as Jackson Heights might be full of noise and mix of cultures, it also has a quieter side, where the various cultures mix and mingle and learn about each other against a backdrop of beautiful architecture and a culinary landscape that brings the world to Queens.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 81875TH