Jackson Heights, NY 11372,37-28 75th ST #I

$2,995,000

$2,995,000

Est.Price: ?

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Est. payment /mo

10,010 SqFt


SOLD DATE : 04/22/2024

Key Details

Sold Price $2,995,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 10,010 sqft

Price per Sqft $299

MLS Listing ID KEYL3453086

Sold Date 04/22/24

Originating Board onekey2

Rental Info No

Year Built 1972

Annual Tax Amount $74,823

Lot Dimensions 40x100

Property Description

This property consists of a four-story walk-up apartment building totaling 10,720 SF (approx.) Originally built as a 14 residential units with two commercial spaces in the lower level, it is currently being used as 10 residential units ( a mixture of Studios and 1 Bedrooms apartments all with terraces) and 4 commercial rentals ( The two original commercials spaces on lower level and the 4 apartments on first floor converted to 2 separate commercial rentals) The building is situated on a 40 x 100 lot with shared access to rear yard between neighboring building. Located between 37th and Roosevelt Avenues in the Jackson Heights neighborhood of Queens, NY. Six of the ten residential units are currently occupied and three of the four commercial spaces are rented with long term tenants. Roosevelt and 37 Avenues has a variety of small businesses and national chains close by. One block from Roosevelt Avenue subway (7, E, F, M, and R) and a couple blocks from the Historic District of Jackson Heights. This property presents an ideal long-term value-add investment or 1031 exchange opportunity.

Location

State NY

County Queens

Interior

Heating Electric

Fireplace No

Exterior

Private Pool No

Others

Special Listing Condition None

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Listed by Keller Williams Landmark II
Bought with Century 21 Milestone Realty

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agent
Brian Driscoll

Associate Broker | License ID: 10301222585

+1(917) 750-5607

477 Madison Ave., Ste 636., York, NY, 10022, United States

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