Sold on 3/27/2019 for $725,000
$725,000
86-03 85th Street
MLS® #RLS10514325
Listing by The Corcoran Group
4
Bedrooms
3
Baths
—
Sq. Ft.
1920
Year Built
Quick Summary
Property Highlights
- Style: Prewar architecture
- Parking: Private garage
- Character: Pre-war building (1920)
Property Details
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
About Woodhaven
View All Woodhaven ListingsWoodhaven provides a tranquil environment for those seeking space and value within New York City. The area is known for its expansive atmosphere and a real estate market that features a blend of tranquil cooperatives and traditional multi-family residences.
Woodhaven Live Market Data
View NeighborhoodActive Listings
1
Median Asking Price
$639K
Median $/Sqft
$532
Avg Days on Market
N/A
New This Week
0
Price Reduced
100%
Sold (30 Days)
0
Median Sale Price
$860K
Live data from RLS at REBNY • Updated 3/1/26, 4:52 PM EST
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Location
86-03 85th Street, Woodhaven, Queens County • Near 86th Avenue & Jamaica Avenue
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
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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.
RLS Data display by Keller Williams NYC. Data last updated on 3/1/2026 at 9:52 PM UTC