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Listing Courtesy of Douglas Elliman Real Estate
$ 1,750,000
Est. payment | /mo
11 Beds
6 Baths
$ 1,750,000
Est. payment | /mo
11 Beds
6 Baths
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
Full Baths 6
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- contact us today!
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 PrivateOutdoorSpaceUnder60Sqft
View Y/N No
View Other
Porch None
Private Pool No
Building
Dwelling Type Townhouse
Story 4
New Construction No
Others
Ownership None
Monthly Total Fees $91
Special Listing Condition Standard
Pets Allowed Building Yes, No
RLS Data display by WJFNY