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$2,500,000
Property Description
This is a unique opportunity to acquire a freestanding, 3-story multifamily building in the heart of Jackson Heights-one of Queens' most vibrant and transit-rich neighborhoods. Strategically positioned between the high-foot-traffic corridors of 37th Avenue and Roosevelt Avenue, the property offers immediate income potential with long-term upside. Set on a 40 ft x 100 ft lot, the building features three residential units, a full basement, and an attached 1-car garage-ideal for end-users seeking rental income or investors targeting a value-add or 1031 exchange opportunity. The R5 zoning may offer additional flexibility, and future land use potential may be enhanced under the City of Yes zoning modernization efforts currently underway. Property Highlights: "¢ Freestanding 3-Story Structure "¢ Three (3) Residential Units "¢ Lot Size: 40 ft x 100 ft "¢ Full Basement "¢ Attached 1-Car Garage "¢ Zoning: R5 "¢ Close Proximity to E, F, M, R, and 7 Subway Lines "¢ Easy Access to BQE and Grand Central Parkway Perfect for: "¢ 1031 Exchange "¢ End-User / Live + Rent Scenario "¢ Buy-and-Hold Investors "¢ Value-Add Operators With unmatched transportation access via the Jackson Heights-Roosevelt Avenue / 74th Street-Broadway transit hub and proximity to the Jackson Heights Historic District, this property sits at the intersection of strong market fundamentals and long-term neighborhood growth. Please do not disturb tenants.
Full Property Details
Full Property Details for 37-47 76th St
General
- Price: $2,500,000
- Taxes: $22,464
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 1016966
- Updated: 7/11/2026
- Added to Site: 22 day(s) ago
Interior
- Interior Features: Other
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 7
Bedrooms
- Total Bedrooms: 11
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Attached, Driveway, Garage, On Street, Private
Location
- County: Queens
- Cross Streets: 37th Avenue
- Driving Directions: https://maps.app.goo.gl/ECXWfVbfsGxbdvoVA
- Direction Faces: West
School Information
- High School District: Queens 30
- Elementary School: Ps 69 Jackson Heights
- Middle School: Is 230
- High School: William Cullen Bryant High School
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas, Other
- Heating Zones: 1
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Full Basement
- Building Size: 3850
- Square Feet: 3,850
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.0918
- Lot Size (Sq. Ft.): 4,000
- Lot Dimensions: 40 x 100
- Road Maintenance: Public Maintained Road
Financial Considerations
- Tax Amount: $22,464
- Tenant Pays: Electricity
Disclosures and Reports
- Special Conditions: None
- Property ID: 01287-0054
- Block: 1287
- Lot Number: 54
Listed by Daniel Saat and Welikia LLC
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Schools
Schools serving 37-47 76th St
School District:New York City Geographic School District 30
| Name | Grades | Distance |
|---|---|---|
Ps 69 Jackson Heights 77-02 37th Ave, Queens, NY 11372 | PK-5 | 0.1 mi |
Ps 222 Fire Fighter Christopher A Santora School 86-15 37th Ave, Queens, NY 11372 | PK-2 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 37-47 76th St
Date
Details
Price
Change
Source
6/22/2026
Listed
$2,500,000
35.14%
MLS
3/23/2018
Sold
$1,850,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 37-47 76th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$21,451
—
$113,208
6%
2025
$21,451
-3%
$106,800
-3%
2024
$22,029
-3%
$109,680
-3%
2023
$22,782
5%
$113,427
1%
2022
$21,732
-9%
$112,200
-1%
2021
$23,890
2%
$113,520
2%
2020
$23,495
-18%
$111,000
-61%
2019
$28,516
6%
$285,750
—
2017
$26,784
—
$284,850
—
2017
$26,784
3%
$284,400
12%
2016
$25,928
3%
$254,700
5%
2015
$25,122
6%
$243,450
—
2015
$23,736
26%
$243,450
-2%
2013
$18,840
—
$247,707
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 37-47 76th St
37-47 76th Street, Jackson Heights, NY 11372 (MLS# 1016966) is a Multi-Family property with 3 units containing 11 bedrooms and 7 full bathrooms. 37-47 76th Street is currently listed for $2,500,000 and was received on June 22, 2026. Want to learn more about 37-47 76th Street? Do you have questions about finding other Multi-Family real estate for sale in Jackson Heights? You can browse all Jackson Heights real estate or contact a Coldwell Banker agent to request more information.
