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Listing Courtesy of Douglas Elliman Real Estate
$1,750,000
Est. payment /mo
11 Beds
6 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Jackson Heights
MLS Listing ID RLS20014682
Bedrooms 11
HOA Y/N No
Year Built 2006
Annual Tax Amount $1,092
Property Sub-Type Multi Family
Property Description
Elmhurst Investment Opportunity - 6.5 Cap Rate! Built in 2008, this well-maintained 4-story, 6-unit multifamily building with 1 commercial space offers a high-yield 6.5 cap rate in the heart of Elmhurst, Queens. Spanning 4,880 SF, the building sits on a 20 ft x 100 ft lot and benefits from a 421a tax abatement. Mix of 1-2-3 bedrooms, fully occupied, the property features separately metered electric and gas.. The heating system is also separately metered, ensuring low operating costs. Strong rental income, and a prime location make this an exceptional turn-key investment opportunity. Don't miss out on this rare find-
Location
State NY
County Queens
Rooms
Basement Other
Interior
Interior Features Smoke Free
Cooling Wall Unit(s)
Fireplace No
Laundry In Unit
Exterior
Exterior Feature Private Outdoor Space Over 60 Sqft
View Y/N No
View Other
Porch None
Private Pool No
Building
Dwelling Type Townhouse
Story 4
New Construction No
Others
Pets Allowed Pets Allowed
Ownership None
Monthly Total Fees $91
Special Listing Condition Standard
Pets Allowed Building Yes, No
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RLS Data display by Anthony T Crews Real Estate Llc
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