Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $725,000

· Closed March 27, 2019

86-03 85th Street
Closed For Sale Multi Family

$725,000

86-03 85th Street

Woodhaven, Queens

MLS® #RLS10514325

RLS at REBNY

Listing by The Corcoran Group

4

Bedrooms

3

Baths

N/A

Sq. Ft.

1920

Year Built

Quick Summary

Bedrooms 4
Bathrooms 3
Year Built 1920
Parking Garage
Neighborhood Woodhaven

Property Highlights

  • Style: Prewar architecture
  • Parking: Private garage
  • Character: Pre-war building (1920)

Property Details

Type Multi Family
Total Rooms 14
Baths null Full
Pets Yes
Cross Street 86th Avenue & Jamaica Avenue
Year Built 1920
Parking Garage Available
Architectural Style Prewar

Listing History

Event Date Price Change
Listed Nov 27, 2018 $725,000 -
Currently Apr 27, 2026 $725,000 -

Description

OFFER ACCEPTED. NO MORE SHOWINGS. This investment is a no-brainer! 86-03 85th Street in Woodhaven, Queens, is a two-family, gracious home with private parking and a backyard. You can live in one of the apartments while enjoying rental income that offsets your monthly expenses. Each apartment is currently set up as a 2 bedroom/1 bathroom plus a formal dining room, large living room, and sun room (and numerous closets -- see floor plan). Less than one block from the 85th Street stop on the J train, you'll come home to beautiful hardwood floors, original details and lots of light. If you're buying solely as an investment, the current cap rate is 4.5% with below-market rents. With slight increase in monthly rental income, cap rate easily reaches 5%. Property will be delivered vacant. 24-hour notice is required for all showings. This is a semi-detached home with quiet backyard. Mechanicals and roof are in good shape. Washer and dryer in basement. 86-03 85th Street is an excellent opportunity for investors and end-users alike.

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 2
Style Prewar

Woodhaven is one of Queens' most architecturally intact late 19th-century residential districts, with streets lined by Victorian frame houses, Neo-Renaissance rowhouses, and prewar apartment buildings. The J and Z trains run along Jamaica Avenue with stops at Woodhaven Boulevard, 85th Street-Forest Parkway, and 75th Street-Elderts Lane. Forest Park, the third-largest park in Queens, forms the neighborhood's northern boundary with wooded trails and recreational fields.

Woodhaven Live Market Data

View Neighborhood

Active Listings

2

Median Asking Price

$1.47M

Median $/Sqft

$532

Avg Days on Market

N/A

New This Week

0

Price Reduced

100%

Sold (30 Days)

0

Median Sale Price

$780K

Live data from RLS at REBNY • Updated 4/27/26, 8:50 AM EST

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Location

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86-03 85th Street, Woodhaven, Queens County • Near 86th Avenue & Jamaica Avenue

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

1920
Year Built
106 years old
2
Floors
2
Residential Units
R3-1
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $58,740
Land Value: $13,200
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,217 SF
Building Area: 2,208 SF
Built FAR: 1
Allowed FAR: 0.75

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

This property has 4 bedrooms and 3 full bathrooms.

According to MLS records, the building was constructed in 1920, making it approximately 106 years old.

Pet policy requires confirmation with the listing broker.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10514325
First Listed: 11/27/2018
Closed: 3/27/2019
Contract Date: 11/27/2018

Listing Courtesy of The Corcoran Group - Alison McQueen

Listing Contact: (516) 581-3117

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/27/2026 at 12:50 PM UTC

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