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Mixed-Use

72-22 34th Avenue

12-72 34th Ave, Queens, NY 11106

Listing Price: $1,495,000

Cap Rate
7.00%
Number of Units
6
Occupancy
100.0%
Price/Unit
$249,167
Price/Gross SF
$313.42
Gross SF
4,770

Investment Overview

Marcus & Millichap is pleased to offer 72-22 34th Avenue, an opportunity to acquire a stabilized mixed-use property with strong in-place income and additional upside in one of Queens’ most desirable and transit-accessible neighborhoods. This 4,770 SF property features six total units, including four rent-stabilized apartments and two commercial spaces.

Investment Highlights

  • 72-22 34th Avenue, built in 1928, spans 3 stories and is comprised of 6 mixed units, approx. 4770 SF.
  • Tax Class: 2A | Zoning: R5 | Lot: 19.75' x 82'
  • Situated in the heart of Jackson Heights, one of Queens' most dynamic and culturally diverse neighborhoods.

Exclusively Listed By

Financing By

Mixed-Use

72-22 34th Avenue

Listing Price: $1,495,000

Cap Rate
7.00%
Number of Units
6
Occupancy
100.0%
Price/Unit
$249,167
Price/Gross SF
$313.42
Gross SF
4,770

Investment Highlights

  • 72-22 34th Avenue, built in 1928, spans 3 stories and is comprised of 6 mixed units, approx. 4770 SF.
  • Tax Class: 2A | Zoning: R5 | Lot: 19.75' x 82'
  • Situated in the heart of Jackson Heights, one of Queens' most dynamic and culturally diverse neighborhoods.

Investment Overview

Marcus & Millichap is pleased to offer 72-22 34th Avenue, an opportunity to acquire a stabilized mixed-use property with strong in-place income and additional upside in one of Queens’ most desirable and transit-accessible neighborhoods. This 4,770 SF property features six total units, including four rent-stabilized apartments and two commercial spaces.

Exclusively Listed By

Financing By

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