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3745 75th ST Jackson Heights, NY 11372
1,999 Sqft Lot
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 893036
Rental Info No
Year Built 1988
Annual Tax Amount $69,255
Lot Size 1,999 Sqft
Acres 0.0459
Property Sub-Type Multi Family
Source onekey2
Property Description
Legal 4 family plus legal doctors office in the basement. Solid brick building of 20x60 size, built in 1988. Please note, total 5 levels, 4 floors plus full basement. The 4 above ground floors have each one 3br and 2bth apartment PLUS then there is a full basement with a legal doctors office. All 4 apartment are large 3 bedrooms and 2 full bathrooms, of about 1100 sq ft and rented at market rent and the doctors office is about 1000 sq ft. Free market rent, no stabilization. The doctors office is in great condition currently rented for $4750 and it will be becoming vacant at the end of July 2025. Doctor office will be listed for rent briefly but if the buyer is a medical professional it can be delivered vacant. Great investment property in top location in Jackson Heights, within one block to 74th St/ Roosevelt Subway Station (7, E, F, M, R) and the bus hub, with a free shuttle to La Guardia Airport. Young, unregulated building presenting an opportunity for a solid investment or to build generational wealth with no strings attached. Although the building has no driveway, there is a parking lot for rent right across the street (inquire separately for terms) and most neighbors commute by train, due to the close proximity of the station. Income and Expenses available upon request. Current net income is $122245 . Please note, the photos of the residential portion where taken 3 years ago when one of the apartments was renovated. NOTE: Real Estate Taxes are being appealed by the seller yearly and is getting a refund check that varies accordingly. Details available upon request.
Location
State NY
County Queens
Rooms
Basement Finished, Full, See Remarks, Walk-Out Access
Interior
Heating Natural Gas
Cooling Varies by Unit
Fireplace No
Exterior
Parking Features On Street
Utilities Available Electricity Connected, Natural Gas Connected, Water Connected
Building
Story 5
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
Listed by Xzeller Realty • Manuel A. Vargas AHWD CRS SFR
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