Spacious multi unit investment opportunity in the heart of East Elmhurst.


Property

Website: https://www.nestseekers.com/5329935
Address:
New York, NY 11370
Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$1,000,000
Annual Taxes:$36,317.08

Description

Spacious multi-unit investment opportunity in the heart of East Elmhurst. The property features 6 total units (5 legal rental units plus 1 auxiliary space) and is currently fully occupied, offering immediate rental income potential. All tenants will remain in place and the property will be sold as-is. The building also includes 4 on-site parking spaces, a rare and valuable feature in Queens that can provide additional income or strong tenant appeal. Conveniently located near LaGuardia Airport, major highways, and public transportation, with easy access to shopping, dining, and neighborhood amenities. A solid opportunity for investors seeking steady cash flow, long-term hold potential, or a 1031 exchange property in a high-demand rental area.

Amenities

  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected

Contact

47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Chase Global Realty Corp