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  • Two contiguous, mixed-use apartment buildings on 82 nd and 83 rd Street with a total of 55, 000 SF combined (27, 500 SF each) and 62 units (56 residential and 6 commercial), located in prime location of Jackson Heights, New York City. Most of the units are Free Market. New Roof in 2019. Conveniently located near shopping, schools and transportation. In a supply-constrained market with high barriers to entry, the property is a compelling investment opportunity. Location is the biggest amenity of this fee simple property. Rents in NYC have soared recently. The overflow of Manhattan has found its way to Jackson Heights. The eight towers, five-story buildings are situated on a large site of 0.60 acres (26, 000 SF). The shared interior, green landscaped courtyards offer residents respite from bustling city life. The property’s desirability further increased for tenants due to its commanding view along the Avenue, which has recently been converted by the City into a Promenade where residents can stroll for a leisurely walk or jog or push strollers as vehicular traffic has been restricted. Amenities include gated entrances and a central landscaped courtyard. Within 3 blocks of a subway station, and within a 20-minute drive to midtown Manhattan. 18
    Jackson Heights, NY 11372
    $28,800,000
    Sq. Ft. 55000.00:#
    Multi Family Commercial ML# 3555131
    Two contiguous, mixed-use apartment buildings on 82 nd and 83 rd Street with a total of 55, 000 SF combined (27, 500 SF each) and 62 units (56 residential and 6 commercial), located in prime location of Jackson Heights, New York City. Most of the units are Free Market. New Roof in 2019. Conveniently located near shopping, schools and transportation. In a supply-constrained market with high barriers to entry, the property is a compelling investment opportunity. Location is the biggest amenity of this fee simple property. Rents in NYC have soared recently. The overflow of Manhattan has found its way to Jackson Heights. The eight towers, five-story buildings are situated on a large site of 0.60 acres (26, 000 SF). The shared interior, green landscaped courtyards offer residents respite from bustling city life. The property’s desirability further increased for tenants due to its commanding view along the Avenue, which has recently been converted by the City into a Promenade where residents can stroll for a leisurely walk or jog or push strollers as vehicular traffic has been restricted. Amenities include gated entrances and a central landscaped courtyard. Within 3 blocks of a subway station, and within a 20-minute drive to midtown Manhattan.
    Presented By: Reliance USA Inc  info@reliusa.com
    Call Today: 917-293-0915, 917-293-0915, or  Email: Michael Stanco
    Call Today: 347-539-9893, 347-539-9893, or  Email: Michael Misiti
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O:  917.293.0915 E:  stancomisititeam@compass.com

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Stanco Misiti Team

Stanco Misiti Team

Office: 917.293.0915 Email: stancomisititeam@compass.com
1468 Northern Blvd. Manhasset, NY 11030 41 The Plaza, Locust Valley, NY 11560