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    37-45 75 Street

    Jackson Heights, NY 11372
    • $2,200,000
    • STATUS: Active
    • ON SITE: 40 days
    • MLS #: 3281609
    UPDATED: 54 min ago
    $2,200,000
    • 15
      BEDS
    • 0.05
      ACRES
    • 7
      BATHS
    • 1
      1/2 BATHS
    • 5,880
      SQFT
    • $374
      $/SQFT
    Type:
    Multi-Family
    Built:
    1988
    County:

    School Ratings & Info

    School District:

    Description

    Prime investment property in prime Jackson Heights block. Legal 4 family plus legal medical office in basement (4 storeys semidetached brick with one apartment in each floor plus a full basement with the doctors office) . Net income over $110,000 after all expenses and taxes. Great appreciation and rental market in the area. All legal, market rents, no rent stabilization. Perfect 1031 exchange candidate. Medical office has lease till 2023 with 5 years extension option and 2.5% yearly increases, two of the apartments are recently renovated and vacant and 2 are occupied and rented month to month. All brick, young, 4 stories semidetached building located only 2 short blocks to the Jackson Heights/Roosevelt Ave subway station (E, F, M, R, 7 trains) with multiple buses (including express bus to La Guardia airport), stores, restaurants and all amenities. Interior photos coming soon.

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    © 2021 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 Howard Hanna Rand Realty. Data last updated: 2021-02-28T18:15:58.493.
    www.rivertonglobal.com/homes/113370688
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    37-45 75 Street Jackson Heights, NY 11372

    • Price: $2,200,000
    • Status: Active
    • Updated: 54 min ago
    • MLS #: 3281609
    15
    Beds
    7
    Baths
    1
    ½ Baths
    0.05
    Acres
    5,880
    SQFT
    $374
    $/SQFT
    1988
    Built
    County:
    Queens
    School District:
    Queens 24
    Property Description
    Prime investment property in prime Jackson Heights block. Legal 4 family plus legal medical office in basement (4 storeys semidetached brick with one apartment in each floor plus a full basement with the doctors office) . Net income over $110,000 after all expenses and taxes. Great appreciation and rental market in the area. All legal, market rents, no rent stabilization. Perfect 1031 exchange candidate. Medical office has lease till 2023 with 5 years extension option and 2.5% yearly increases, two of the apartments are recently renovated and vacant and 2 are occupied and rented month to month. All brick, young, 4 stories semidetached building located only 2 short blocks to the Jackson Heights/Roosevelt Ave subway station (E, F, M, R, 7 trains) with multiple buses (including express bus to La Guardia airport), stores, restaurants and all amenities. Interior photos coming soon.
    Exterior Features

    Architectural Style Contemporary Building Size 20X60X5 Direction Faces West Garage YN No Lot Size Dimensions 20X100 Parking Features None

    Interior Features

    Basement FinishedFullSee Remarks Fireplaces Total 0 Heating Natural GasBaseboard Number Of Kitchens 4 Numberof Heating Zones 1 Rooms Total 27

    Property Features

    Lease Considered YN No Property Attached YN Yes Property Condition Excellent Property Sub Type Multi Family Property Type Residential Income Senior Community YN No Tax Annual Amount 59882.00 Water Source Public

    Listing courtesy of Manuel Vargas of Keller Williams Rlty Landmark.
    © 2021 OneKey MLS. All rights reserved.


    © 2021 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 Howard Hanna Rand Realty. Data last updated: 2021-02-28T18:15:58.493.
     
    https://bt-photos.global.ssl.fastly.net/wpmls/orig_boomver_1_3281609-2.jpg https://bt-photos.global.ssl.fastly.net/wpmls/orig_boomver_1_3281609-2.jpg https://bt-photos.global.ssl.fastly.net/wpmls/orig_boomver_1_3281609-2.jpg
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    Howard Hanna Rand Realty
    46 South Broadway
    Nyack NY, 10960