85-03A 57th Avenue Apt: A
Elmhurst, NY 11373

Cross street:Van Horn St

Property

Ownership: For Sale
Rooms: 25
Bedrooms: 9 BR
Bathrooms: 7
Pets: Pets No
Area: 5560 sq ft
Lot Size: 2000 sq ft

Financials

Price: $2,188,000
Annual Taxes: $1,922

Mortgage Calculator

47-44 Vernon Blvd, Long Island City, NY 11101
Courtesy of CPRE Elite Inc

Description

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!

Neighborhood

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Exceptional Investment Opportunity in Elmhurst !


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