3745 75th St Flushing, NY 11372
Jackson Heights NeighborhoodEstimated payment $16,229/month
Highlights
- Contemporary Architecture
- 2-minute walk to Roosevelt Avenue-74 Street
- West Facing Home
- P.S. 69 Jackson Heights Rated A-
About This Home
Legal 4 family plus legal doctors office in the basement. Solid brick building of 20x60 size, built in 1988. Please note, total 5 levels, 4 floors plus full basement. The 4 above ground floors have each one 3br and 2bth apartment PLUS then there is a full basement with a legal doctors office. All 4 apartment are large 3 bedrooms and 2 full bathrooms, of about 1100 sq ft and rented at market rent and the doctors office is about 1000 sq ft. Free market rent, no stabilization. The doctors office is in great condition currently rented for $4750 and it will be becoming vacant at the end of July 2025. Doctor office will be listed for rent briefly but if the buyer is a medical professional it can be delivered vacant. Great investment property in top location in Jackson Heights, within one block to 74th St/ Roosevelt Subway Station (7, E, F, M, R) and the bus hub, with a free shuttle to La Guardia Airport. Young, unregulated building presenting an opportunity for a solid investment or to build generational wealth with no strings attached. Although the building has no driveway, there is a parking lot for rent right across the street (inquire separately for terms) and most neighbors commute by train, due to the close proximity of the station. Income and Expenses available upon request. Current net income is $122245 . Please note, the photos of the residential portion where taken 3 years ago when one of the apartments was renovated. NOTE: Real Estate Taxes are being appealed by the seller yearly and is getting a refund check that varies accordingly. Details available upon request.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $69,255
Year Built
- Built in 1988
Lot Details
- 2,000 Sq Ft Lot
- West Facing Home
Parking
- On-Street Parking
Home Design
- Contemporary Architecture
- Quadruplex
- Brick Exterior Construction
Bedrooms and Bathrooms
- 12 Bedrooms
- 8 Full Bathrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Utilities
- Heating System Uses Natural Gas
- Natural Gas Connected
Community Details
- 5 Units
Listing and Financial Details
- Assessor Parcel Number 01286-0014
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | -- | $587,600 | $296,972 | $290,628 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/07/2025 10/07/25 | Price Changed | $2,000,000 | -4.8% | $340 / Sq Ft |
| 07/26/2025 07/26/25 | For Sale | $2,100,000 | -- | $357 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $1,270,000 | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: OneKey® MLS
MLS Number: 893012
APN: 01286-0014
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