Log In/Sign Up
Your email has been sent.
5 Family with 2 Car Garage 3557 86th St 5 Unit Apartment Building $2,004,431 CAD ($400,886 CAD/Unit) 4.60% Cap Rate Jackson Heights, NY 11372
Investment Highlights
- 5 units for stable income potential
- Prime location in Jackson Heights
- Well-maintained property
- Zoned R5 C1-3 for development flexibility
- Ideal for multifamily investment
- Significant growth potential
Executive Summary
Introducing a prime investment opportunity in Jackson Heights, NY with a projected 7.7% cap rate on pro-forma NOI. This impressive 6,240 SF multifamily property boasts 5 units with a 2 car garage offering a lucrative investment potential. Built in 1992, this well-maintained low-rise building is ideally located in the desirable Jackson Heights area and is zoned R5 C1-3, providing flexibility for future development or expansion. This property presents a rare chance to acquire a stable income generating asset with significant growth potential. Don't miss out on this exceptional opportunity to expand your multifamily portfolio in one of New York's most sought after neighborhoods.
Property Facts
| Price | $2,004,431 CAD | Building Class | C |
| Price Per Unit | $400,886 CAD | Lot Size | 0.06 AC |
| Sale Type | Investment | Building Size | 6,240 SF |
| Cap Rate | 4.60% | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1992 |
| Property Subtype | Apartment | Parking Ratio | 0.64/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R5 - Medium-density residential district (40-ft height limit) | ||
| Price | $2,004,431 CAD |
| Price Per Unit | $400,886 CAD |
| Sale Type | Investment |
| Cap Rate | 4.60% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 6,240 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1992 |
| Parking Ratio | 0.64/1,000 SF |
| Zoning | R5 - Medium-density residential district (40-ft height limit) |
1 1
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 01460-0046 | Improvements Assessment | $219,981 CAD |
| Land Assessment | $449,527 CAD | Total Assessment | $669,507 CAD |
Property Taxes
Parcel Number
01460-0046
Land Assessment
$449,527 CAD
Improvements Assessment
$219,981 CAD
Total Assessment
$669,507 CAD
Contacts
-
Steven Bezmen -
Vincent Gebbia -
Afridi Bhuiyan -
HedgeStone Commercial Realty LLC
1 of 57
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
5 Family with 2 Car Garage | 3557 86th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.