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$1,398,000

  • For Sale
  • Active
  • Commercial
  • Updated 9 days ago
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Six-family investment opportunity in prime Jackson Heights with separate utilities, strong in-place income, and exceptional transportation access. With 7 separate gas and electric meters, each unit has its own metered service, simplifying cost allocation and management for an owner or investor. With two oil tanks, this building is heated by a Weil-McLain boiler. Annual rents exceed $100,000, offering immediate cash flow with room to evaluate upside over time. Just minutes to the Jackson Heights-Roosevelt Avenue transit hub, tenants can ride the 7, E, F, M and R lines to Midtown Manhattan, Astoria, and Long Island City in roughly 10-20 minutes-three of NYC's most sought-after dining and nightlife districts. At home, they're surrounded by Jackson Heights' own destination food scene, from Michelin-recognized spots like Angel Indian and Phayul to beloved local favorites along Roosevelt Avenue, a draw for renters who want to live where others come to eat and explore. This investment and exceptional location support steady rental demand and long-term income potential in one of Queens' most established rental neighborhoods.

Full Property Details for 72-16 34th Ave

General

  • Price: $1,398,000
  • Taxes: $24,475
  • Status: Active
  • Type: Commercial
  • Source: Long_Island
  • MLS ID: 947907
  • Updated: 1/6/2026
  • Added to Site: 10 day(s) ago

Rental Information

  • Complex Features: Walk Up

Interior

  • Appliances: Gas Range, Refrigerator

Parking

  • Parking Features: On Street, Open

Location

  • County: Queens
  • Cross Streets: 73rd Street

School Information

  • High School District: Queens 30
  • Middle School: Is 230
  • High School: William Cullen Bryant High School

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • 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

  • Detached/Attached: Attached
  • Construction: Brick
  • Basement: Yes
  • Basement Desc.: Full Basement, Unfinished
  • Stories/Levels: 3
  • Stories in Building: 3
  • Building Size: 4770
  • Square Feet: 4,770
  • Year Built: 1928

Lot Features

  • Lot Size (Acres): 0.0702
  • Lot Size (Sq. Ft.): 3,057
  • Fence: Yes
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Zoning: R5
  • Fencing (Description): Back Yard, Chain Link

Financial Considerations

  • Taxes Include: Sewer, Trash
  • Tax Amount: $24,475.32

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 01259-0007
  • Block: 1259
  • Lot Number: 7

Listed by RE/MAX 1st Choice

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Listing agent

— 72-16 34th Ave —

  • RE/MAX 1st Choice

516-888-6000

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 72-16 34th Ave

School District:New York City Geographic School District 30
NameGradesDistance
Hector Figueroa School (The)
69-01 34th Ave, Queens, NY 11377
PK-50.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 72-16 34th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/06/2026
Listed
$1,398,000
11.84%
MLS
10/09/2014
Sold
$1,250,000
—
Public Record
Get Price Alerts and Save Property
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 for 72-16 34th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$26,424
8%
$211,396
-47%
2024
$24,475
—
$399,600
104%
2023
$24,475
5%
$195,771
-39%
2022
$23,261
8%
$323,550
-15%
2021
$21,543
6%
$380,700
-9%
2020
$20,283
8%
$418,500
-19%
2019
$18,783
1%
$516,240
243%
2017
$18,552
—
$150,593
3%
2017
$18,552
7%
$145,861
8%
2016
$17,416
8%
$135,092
8%
2015
$16,115
8%
$125,086
8%
2015
$14,891
-1%
$115,841
—
2013
$15,072
—
$115,841
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by RE/MAX 1st Choice

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72-16 34th Avenue, Jackson Heights, NY 11372 (MLS# 947907) is a Commercial property. 72-16 34th Avenue is currently listed for $1,398,000 and was received on January 06, 2026. Want to learn more about 72-16 34th Avenue? 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.

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