For Sale
$1,899,999

37-42 72 St Queens, NY 11372

Prime location, vacant, 2 units, high potential.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional mixed-use property, located at 37-42 72nd Street in Jackson Heights, Queens, presents a compelling investment opportunity. The building, constructed in 1925, boasts a total of 2,040 square feet of net rentable space across two units, currently vacant and ready for immediate occupancy. Situated on a 2,400 square foot lot, the two-story building is classified as Class B and is zoned R6, offering flexibility for a variety of uses. Its prime location offers easy access to the subway, making it highly attractive to both residential and commercial tenants. The asking price is $1,899,999. This property is ideal for an investor seeking a strong return in a vibrant and rapidly developing neighborhood. The building's existing structure provides a solid foundation for immediate income generation or potential redevelopment, given the favorable zoning regulations. The vacant status allows for immediate customization to suit the buyer's specific needs and vision. Don't miss this chance to acquire a well-positioned mixed-use asset in a highly sought-after area of Queens.

Property Details for 37-42 72 St

Property type
Mixed-use properties
Square Feet
2,040 SF
Class
B
Year Built
1925
Buildings
1
Stories
2
Units
2

Location Insight

City
Queens
County
Queens
State
New York
Latitude
40.7474893
Longitude
-73.8939981

FAQs

What type of property is this?
Mixed-use property - Prime location, vacant, 2 units, high potential.
Where is the mixed-use property located?
The property is located at 37-42 72 St Queens, NY.
What is the asking price?
The asking price for this property is $1,899,999.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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37-42 72 St
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