New York, NY 11373

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 5 BR
Bathrooms: 3
Pets: No Pets Allowed
Lot Size: 0.06 Acres

Financials

Price:$969,900
Annual Taxes:$14,261.28
24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of Douglas Elliman Real Estate

Meticulously maintained C2 class three story walk up located in the heart of Elmhurst, Queens, offering an exceptional opportunity for investors seeking stable income in a high demand rental market.

Description

Meticulously maintained C2-class three-story walk-up located in the heart of Elmhurst, Queens, offering an exceptional opportunity for investors seeking stable income in a high-demand rental market. The building measures 20’ x 42’ on a 25’ x 100’ lot and is semi-attached. This property will be sold together with an adjacent, identical building, which is separately listed, creating a rare chance to acquire a side-by-side portfolio in a premier location. The building features a relatively new roof, new boiler, and new hot water heater, reflecting ongoing ownership care and minimizing near-term capital expenditures. The unfinished basement is clean, dry, and unoccupied, offering flexibility for storage or future use. All apartments are well-kept, easily accessible, and occupied by long-term, reliable tenants, supported by an excellent rent roll. The property has been exceptionally well maintained throughout. Ideally situated just moments from Roosevelt Avenue with access to the 7 train, and surrounded by multiple local bus lines along Broadway and Corona Avenue. Close to shopping, dining, schools, and all neighborhood conveniences. Strong location. Strong income. Turnkey condition. This opportunity will not last. All showings by appointment only with 24-hour notice.

Amenities

  • Back Yard
  • Borders State Land
  • Building Security
  • City
  • Double Pane Windows
  • Eat-in Kitchen
  • Electricity Available
  • Natural Gas Available
  • Open Floorplan
  • Sewer Available
  • Smoke Detectors
  • Trash Collection Public
  • Video Cameras
  • Water Available

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.