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3515 72nd St
Jackson Heights, NY 11372
Prime Jackson Heights Six-Unit Multifamily · Multifamily Property For Sale
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6 Units
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.06 AC |
| Property Type | Multifamily | Building Size | 4,860 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1928 |
| Building Class | C | ||
| Zoning | R5 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 4,860 SF |
| No. Stories | 3 |
| Year Built | 1928 |
| Zoning | R5 |
ABOUT 3515 72ND ST , JACKSON HEIGHTS, NY 11372
Cushman & Wakefield has been retained on an exclusive basis for the sale of 35-15 72nd Street in Jackson Heights, Queens. The property is a three-story walk-up multifamily building. The building encompasses six residential units consisting of three two-bedroom and three one-bedroom apartments. Three of the six units are currently owner-occupied and will be delivered vacant which allows for tremendous upside for potential de-stabilization. The remaining three units are rent stabilized with leases expiring through December 2018. The building is well-maintained with a good floor plan. Recent updates include an updated roof, boiler and brick pointing within the past four years. 35-15 72nd Street is located in an extremely convenient location for transportation. The 74th Street-Roosevelt Avenue Terminal Subway Station is only two short blocks away offering access to the E F M and R trains, as well as the 7 train at 74th Street / Roosevelt Avenue. Roosevelt Avenue offers an abundance of shopping, transportation, and is expecting an abundance of new developments over the next few years. This is a rare opportunity in the Jackson Heights area. The property offers an investor the advantage of three vacant units in a rent stabilized multifamily building. Jackson Heights is a high-demand area for residential rental apartments and currently has a very low vacancy rate. All property inspections are by appointment only, please inquire within.
PROPERTY TAXES
| Parcel Number | 01272-0069 | Improvements Assessment | $207,168 |
| Land Assessment | $4,228 | Total Assessment | $211,396 |
PROPERTY TAXES
