The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

37-47 76th Street, Unit MULTIFAMI

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This is a unique opportunity to acquire a freestanding, 3-story multifamily building in the heart of Jackson Heightsone of Queens most vibrant and transit-rich neighborhoods. Strategically positioned between the high-foot-traffic corridors of 37th Avenue and Roosevelt Avenue, the property offers immediate income potential with long-term upside.

Set on a 40 ft x 100 ft lot, the building features three residential units, a full basement, and an attached 1-car garageideal for end-users seeking rental income or investors targeting a value-add or 1031 exchange opportunity. The R5 zoning may offer additional flexibility, and future land use potential may be enhanced under the City of Yes zoning modernization efforts currently underway.

Property Highlights:
Freestanding 3-Story Structure
Three (3) Residential Units
Lot Size: 40 ft x 100 ft
Full Basement
Attached 1-Car Garage
Zoning: R5
Close Proximity to E, F, M, R, and 7 Subway Lines
Easy Access to BQE and Grand Central Parkway

Perfect for:
1031 Exchange
End-User / Live + Rent Scenario
Buy-and-Hold Investors
Value-Add Operators

With unmatched transportation access via the Jackson HeightsRoosevelt Avenue / 74th StreetBroadway transit hub and proximity to the Jackson Heights Historic District, this property sits at the intersection of strong market fundamentals and long-term neighborhood growth.

Showings by appointment only. Please do not disturb tenants.



Written By: Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

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