Exceptional Investment Opportunity in Elmhurst! Presenting a meticulously maintained 6 Family building featuring a rare 12-year tax abatement. With the added bonus of three parking spaces and an indoor garage, convenience is paramount. Currently fully occupied, this property yields a robust gross income of $140K, with expenses totaling just $16K. Ideal for savvy investors or those exploring a 1031 exchange, this property offers both stability and potential. Situated near restaurants, public transportation, and the bustling Queens Center Mall, it ensures convenience and attraction for tenants. Don't miss out on this prime opportunity to secure your investment future!
3544353
Apartment, Multi-Family, Other
9
Queens
7 Full
2009
0.05
Acres
Public
Brick
Public Sewer
5,560
Sq. Ft.
25
Yes
- 2
spaces
School Information
Ps 102 Bayview
Is 73 Frank Sansivieri Inter School
Newtown High School
Bathrooms
7
Total:7
Interior Features
- Appliances
- Gas Water Heater
- Cooling
- Wall Unit(s)
- Heating
- Gas Heat, Electric Heating. Baseboard.
- Common Walls
- No Common Walls
- Basement
- Full
Exterior / Lot Features
- Parking
- 2 Garage Spaces. 4 Parking Spaces. Private, Detached, Garage.
- Exterior
- Brick
- Lot Dimensions
- 20x100
- Zoning
- R6
Financial Considerations
02881-0051
$1,922
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