About this home

Exceptional investment opportunity in the heart of Jackson Heights! This well-maintained 16-unit building features a balanced mix of 8 two-bedroom and 8 one-bedroom apartments, offering strong rental potential in a highly desirable neighborhood. The property has undergone significant upgrades, including 100K (Local Law 11) completed, ensuring safety and compliance, and a new, efficient boiler system (upgraded from 2000 to 700). All apartments have been modernized with new plumbing and pipes throughout, reducing maintenance needs and enhancing long-term value. The building is professionally managed and 10% owner-managed, reflecting dedicated oversight and care. With its solid infrastructure, prime location, and stable tenant base, this property presents a rare, turn-key opportunity for investors seeking reliable income and long-term appreciation in one of Queens' most vibrant communities.

Facts and features

Schools

• Ps 149 Christa Mcauliffe

  elementary · K-5 · 0.2 mi

  6

• Is 145 Joseph Pulitzer

  middle · 6-8 · 0.8 mi

  8

• Newtown High School

  high · 9-12 · 0.8 mi

  3

• Mt Olivet Christian School

  elementary · K-1 · 0.3 mi

• PS 228 Ivan Lafayette Early Childhood School of the Arts

  elementary · K-2 · 0.4 mi

• PS 280 Home of the Lionhearts

  elementary · K-5 · 0.1 mi

  4

Price history

• Nov 13, 2025 · Listed$2,600,000
• Nov 16, 2004 · Sold$1,650,000

Tax history

• 2026$36,580 tax · $588,150 assessed
• 2025$69,946 tax · $588,150 assessed
• 2024$72,135 tax · $600,750 assessed
• 2023$69,984 tax · $592,200 assessed
• 2022$69,061 tax · $584,550 assessed
• 2021$61,187 tax · $503,100 assessed
• 2020$70,688 tax · $608,850 assessed
• 2019$68,251 tax · $563,850 assessed

Home value

$3,175,370

• Quantarium$3,175,370

Where it is