New York, NY 11373

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Pets: Pets No
Lot Size: 0.11 Acres

Financials

Price:$5,000,000
Annual Taxes:$66,500
24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of Winzone Realty Inc

Description

Prime 20-Unit Investment Property in the Heart of Elmhurst - This exceptional brick building offers investors a rare combination of high-yield cap rate and stability with 18 two-bedroom apartments, 1 large studio, and 1 three-bedroom unit. A vacant two-bedroom apartment available for immediate showing. Located in desirable Elmhurst with excellent transportation access, this well-maintained property features stable, long-term tenants under professional management, providing consistent cash flow with minimal hands-on involvement. The solid brick construction, prime location, and established tenant base make this a turnkey investment opportunity perfect for both seasoned investors and those seeking to add a reliable income-producing asset to their portfolio.

Prime 20 Unit Investment Property in the Heart of Elmhurst This exceptional brick building offers investors a rare combination of high yield cap rate and stability with 18 two bedroom ...


Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.