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MANHASSET LONG ISLAND NEW YORK
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Jackson Heights NY, 11372 $28,800,000

Multi Family Commercial , 55000 SqFt 

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Details ML#: 3555131  

  • # of Families: 62
  • Sale or Rent:Sale
  • Year Built: 1920
  • Taxes: $411,079
  • Status:Active

Description

Two contiguous, mixed-use apartment buildings on 82 nd and 83 rd Street with a total of 55, 000 SF combined (27, 500 SF each) and 62 units (56 residential and 6 commercial), located in prime location of Jackson Heights, New York City. Most of the units are Free Market. New Roof in 2019. Conveniently located near shopping, schools and transportation. In a supply-constrained market with high barriers to entry, the property is a compelling investment opportunity. Location is the biggest amenity of this fee simple property. Rents in NYC have soared recently. The overflow of Manhattan has found its way to Jackson Heights. The eight towers, five-story buildings are situated on a large site of 0.60 acres (26, 000 SF). The shared interior, green landscaped courtyards offer residents respite from bustling city life. The property’s desirability further increased for tenants due to its commanding view along the Avenue, which has recently been converted by the City into a Promenade where residents can stroll for a leisurely walk or jog or push strollers as vehicular traffic has been restricted. Amenities include gated entrances and a central landscaped courtyard. Within 3 blocks of a subway station, and within a 20-minute drive to midtown Manhattan.

More Property Details

Property Features

Lot Sq Ft: 13000   Approx. Int. Sq. Ft.: 55000.00   Parking Spaces: Yes   Parking Facilities: Off Street  

Appliances & Utilities

Heat: Hot Water, Natural Gas, Oil   A/C: Wall/Window Unit(s)   Water: Public  

Financial

Taxes: $411,079  

Local Area Information

School District: Is 61 Leonardo Da Vinci   Block: 1430   Lot: 35  

Listing Information provided courtesy of Reliance USA Inc  info@reliusa.com
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OneKey™ MLSThe source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS
127 Plandome Road
MANHASSET LONG ISLAND NEW YORK
516.627.4422
ESTABLISHED IN 1946
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