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72-16 34th Avenue

Jackson Heights, NY 11372
  • $1,398,000
  • STATUS: Active
  • ON SITE: 57 Days
  • MLS #: 947907
$1,398,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1928
County:
Area:

School Information

Middle School:
School District:

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.

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© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2026-03-05T00:17:57.397.
www.nicoleburkehomes.com/homes/171771247
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72-16 34th Avenue Jackson Heights, NY 11372

  • Price: $1,398,000
  • Status: Active
  • On Site: 57 Days
  • MLS #: 947907
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1928
Built
Neighborhood:
New York
County:
Queens
Area:
New York
Middle School:
Is 230
High School:
William Cullen Bryant High School
School District:
Queens 30
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.
Exterior Features

Construction Materials Brick Cross Street 73rd Street Fencing Back YardChain Link Foundation Details Concrete Perimeter Lot Features Near Public TransitNear SchoolNear Shops Parking Features On StreetOpen Property Attached YN Yes Stories Total 3 Waterfront YN No

Interior Features

Appliances Gas RangeRefrigerator Basement Details FullUnfinished Basement YN Yes Cooling Wall/Window Unit(s) Elevator YN No

Property Features

Annual Rental Income 102441 Building Area Total 4770 Building Features Walk Up Electric Company Con-Edison Heating Oil Lot Size Area 3057 Number Of Separate Electric Meters 7 Number Of Separate Gas Meters 7 Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 24475.32 Tax Section 08-04-10 Tax Source Municipality Total Vacancies 0 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedTrash Collection PublicWater Connected Water Source Public Zoning R5

Listing courtesy of Po Wei Tair of RE/MAX 1st Choice: 516-888-6000
© 2026 OneKey MLS. All rights reserved.


© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2026-03-05T00:17:57.397.
 
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Nicole Burke, MBA | Charles Rutenberg Realty
255 Executive Drive, Suite 208
Plainview NY, 11803