34-37 80th St APT 32, Jackson Heights, NY, 11372 | 4.57% Rental Yield

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34-37 80th St APT 32, Jackson Heights, NY, 11372 | 4.57% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Jackson Heights at 34-37 80th St APT 32, Jackson Heights, NY, 11372 generates $4,574/mo in rent, after a $5,873/mo payment. Total monthly income is $4,574/mo. Return on cash invested sits at 9.76% in year one, and rental yield is 4.57% on a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 48.95% and total cumulative return in cash sums $190,307. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,574/mo property income rather than buyer’s personal income.

Condo

Built in 1922

N/A lot

$N/A/sqft

No HOA

More details about the property

Spacious Prewar Coop in The Chateau Jackson Heights Historic District. Located in the heart of Jackson Heights Historic District, this stunning 3-bedroom, 2-bathroom coop at 34-37 80th Street offers not just timeless prewar character, but a legacy in architecture. Designed in 1922 by celebrated architect Andrew J. Thomas, this is one of the earliest and most distinguished garden coop complexes in the area. A gracious entry foyer leads into a large, light-filled living room with big windows and a classic fireplace, framed by the original hardwood floors that run throughout. The formal dining room flows gracefully, and the kitchen and baths retain their vintage layout perfect for personal updates. Among the building's greatest amenities is the beautifully landscaped private interior garden, wrapped around the block and creating a serene retreat. The Chateau also boasts elegant limestone entryways, slate mansard roofs, original decorative brickwork, and classic features like marble staircases and wood-sash windows details that mark it as one of the most sought-after addresses in Jackson Heights. With its prime location among tree-lined streets, outstanding coops, excellent shops, dining, and transit nearby, this home offers both historic grandeur and rare opportunity.

Neighborhood Data

Neighborhood data shown for ZIP Code: 11372, Jackson Heights, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	26,163 (100%)
Owner Occupied HU	8,913 (34.1%)
Renter Occupied HU	15,967 (61.0%)
Vacant Housing Units	1,283 ( 4.9%)
Median Home Value	$581,835
Average Home Value	$683,675