Date
Details
Price
Change
Source
9/04/2026
Listed
$2,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$2,350,000 Just Listed
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Property Description
Built in 1923 as part of the original Cambridge Court development, this distinctive property is located within the Jackson Heights Historic District and benefits from landmark status. The fully leased, 17-unit building offers immediate cash flow and represents an excellent addition to any real estate portfolio. Long-term ownership has carefully managed and maintained the property in very good condition. Situated on a charming, tree-lined block of 86th Street between 37th Avenue and Roosevelt Avenue, the property is surrounded by numerous commercial businesses, neighborhood amenities, shopping, dining and convenient transportation. This is not your average building of its size. The four-story walk-up boasts an impressive 65 feet of frontage on a substantial 65' × 100' lot totaling approximately 6,500 square feet. With a down payment of 40% or more, the seller will consider financing at 5% interest-only for the first two years. A well-maintained historic property, strong Jackson Heights location and attractive financing opportunity make this building a valuable addition to any investor's portfolio.
Full Property Details
Full Property Details for 37-28 86th St
General
- Price: $2,350,000
- Taxes: $50,244
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 1044240
- Updated: 9/4/2026
- Added to Site: 1 day(s) ago
Parking
- Parking Features: None
Location
- County: Queens
- Driving Directions: Enter from 37th Avenue onto 86th Street, property is in the middle of the block on the right side before Roosevelt Avenue
- Direction Faces: East
School Information
- High School District: Queens 30
Heating & Cooling
- Cooling Type: None
- Heating Type: Oil
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Trash Collection Public, Water Connected
Structural Information
- Architectural Style: Mid Rise
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full Basement, Storage Space, Walk-Out Access
- Stories/Levels: 4
- Stories in Building: 4
- Building Size: 10870
- Square Feet: 10,870
- Year Built: 1923
Lot Features
- Lot Size (Acres): 0.1492
- Lot Size (Sq. Ft.): 6,500
- Zoning: R7-1
Financial Considerations
- Tax Amount: $50,244
Disclosures and Reports
- Special Conditions: None
- Property ID: 01473-0022
Listed by Keller Williams Landmark II
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Listing agent
— 37-28 86th St —
Keller Williams Landmark II
347-846-1200
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 37-28 86th St
School District:New York City Geographic School District 24
| Name | Grades | Distance |
|---|---|---|
Ps 89 Elmhurst 85-28 Britton Ave, Queens, NY 11373 | K-5 | 0.2 mi |
Is 230 73-10 34th Ave, Queens, NY 11372 | 6-8 | 0.7 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 37-28 86th St
Tax History
Tax History for 37-28 86th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$48,566
—
$403,920
4%
2025
$48,566
—
$388,530
-7%
2024
$48,518
8%
$415,800
16%
2023
$45,007
-5%
$360,000
-7%
2022
$47,252
10%
$385,200
10%
2021
$42,947
-14%
$350,100
-18%
2020
$50,201
6%
$429,300
-1%
2019
$47,552
11%
$435,150
7%
2017
$42,812
—
$408,150
8%
2017
$42,812
4%
$379,350
5%
2016
$41,341
2%
$360,450
12%
2015
$40,408
1%
$323,100
4%
2014
$40,063
6%
$310,050
—
2013
$37,937
—
$310,050
—
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 37-28 86th St
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- Co-op
- Active
- Updated 1 day ago
- 1Total Bath
Listed by Wagner & Kelly Inc
- Single Family
- Active
- Updated 3 days ago
- 7Beds
- 3Total Baths
Listed by City Homes Realty Group LLC
3728 86th Street, Jackson Heights, NY 11372 (MLS# 1044240) is a Commercial property. 3728 86th Street is currently listed for $2,350,000 and was received on September 04, 2026. Want to learn more about 3728 86th Street? Do you have questions about finding other Commercial 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.