3745 75th Street
Jackson Heights, NY, 11372 $ 2,200,000
Bedrooms-- Baths-- Sq 5,880 Monthly Estimate*
$ 15,195
for $2,200,000. This 5,880 square foot building was built in 1988 on a lot size of 0.0459.
MIXED-USE INVESTMENT | JACKSON HEIGHTS | FREE MARKET | STEPS TO THE 7, E, F, M, R | Rare opportunity to own a fully free-market, mixed-use building in the heart of Jackson Heights, one block from the 74 St–Broadway / Jackson Hts–Roosevelt Av transit hub (E, F, M, R, 7). This 4-story, 5,880 SF masonry building on a 20' x 100' (2,000 SF) lot features a recently leased lower-level commercial space and four spacious free-market apartments: one 3-bedroom and three 4-bedroom units. The lower-level commercial space is built out as a spa with a reception area, 7 examination rooms and 2 half baths, and is leased through 5/31/2031. The residential units are large, with 2-bath layouts on the upper floors, and staggered lease expirations provide stability along with upside. Current gross rent is $207,300, with a pro forma gross of $244,681 at market rents. Real estate taxes are $56,289; insurance $7,774, utilities $12,375, water/sewer $5,289 and maintenance/super $7,850. Total expenses are $89,577, for a current NOI of $117,723 (5.35% cap rate), rising to a pro forma NOI of $155,104 (7.05% cap rate). Zoned R5 with Walk Score 99 and Transit Score 100, this is a strong income-producing asset in one of Queens’ most established, high-demand rental markets. Asking $2,200,000 ($374 PSF). Showings by appointment only; please do not disturb tenants.
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FeaturesGeneralSewer Public Sewer
Heating Baseboard Natural Gas Separate Meters
Cooling Electric Wall/Window Unit(s)
Utilities Cable Available Cable Connected Electricity Available Electricity Connected Natural Gas Available Natural Gas Connected Phone Available Phone Connected Sewer Available Sewer Connected Trash Collectio
Appliances Convection Oven Gas Oven Gas Range Microwave Refrigerator
Zoning R5
Construction Materials Brick
Year Built 1988
Property Subtype Multi Family
Tax Year 2026
Parcel Number 01286-0014
County Queens
Property Type Commercial Sale
Building Features Balcony High Speed Internet Walk Up
City New York
High School District Queens 30
Number Of Units Total 5
Property Attached Y/N N
Tax Annual Amount 56008
Additional Parcels Y/N N
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Queens 30
Elementary School District Queens 30
Tax Assessed Value 649800
Tax Lot 0014
Cap Rate 11105
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InteriorFlooring Ceramic Tile
Total Stories 4
Basement (Y/N) N
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ExteriorParking Features None None
Water Source Public
Building Area Total 5880
Waterfront Y/N N
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* Excluded FeaturesList BySanja StuparListing Agent
Azure Realty Group Ny LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $15,195
- Monthly Property Taxes
- $4,667
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Jackson Heights, NY
Average List Price $2,357,583
Percent of Sale Price 7%
About Jackson Heights, NY 69,143 Population
-4% Since 2002
$ 56,031 Median Income
40.88 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4099783 Elementary School
4880643 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/20/2026 | $2,200,000 | | Listed Price |