35-06 88 StQueens, NY 11372

Property Details for 35-06 88 St

Year built

1938

Property size (Sq ft)

53,268 SF

Property type

Apartment buildings

Description

This exceptional multifamily investment opportunity presents a 42-unit apartment building located at 35-06 88th Street, Unit 4B, in Queens, New York, 11372. The property, built in 1938, boasts a total of 53,268 square feet across six stories within a single building situated on an 11,500 square foot lot. The building features a coveted elevator, a significant amenity for residents. Classified as a Class D building, it offers substantial potential for value appreciation and strong rental income. The property is zoned R7-1/R5, providing flexibility for future development or renovations. The building includes a voice intercom system and allows pets. Verizon FiOS provides cable and internet access. This pre-war building presents a unique blend of classic charm and modern convenience, making it an attractive option for a wide range of tenants. The building's strong occupancy rate and established tenant base contribute to its financial stability. This is a rare opportunity to acquire a well-maintained, income-generating multifamily property in a desirable Queens location. The building's size and unit count offer significant scale for investors seeking a substantial return on investment. The property's location offers easy access to public transportation, local amenities, and major roadways. This is an ideal investment for those seeking a stable and profitable addition to their portfolio.

Location Insight

City

Queens

County

Queens

State

New York

Latitude

40.7521

Longitude

-73.8792

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].