Well maintained legal 4 family property located in the desirable Elmhurst neighborhood, conveniently close to Queens Center Mall, major shopping areas, and I 495 Long Island Expressway.


Property

Website:https://www.nestseekers.com/5348124
Address:
New York, NY 11373
Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$1,550,000
Annual Taxes:$39,239

Description

Well-maintained legal 4-family property located in the desirable Elmhurst neighborhood, conveniently close to Queens Center Mall, major shopping areas, and I-495 (Long Island Expressway). Situated in an established residential community with strong rental demand. The property features approximately 3,528 sqft of building area with a building size of 21 × 56 ft, set on a 21 × 100 ft lot, zoned R5. Built in 1989. This income-producing property currently generates approximately $10,850 in monthly rental income, offering stable tenants and consistent cash flow.Excellent opportunity for investors seeking a solid long-term income property in a prime Queens location with convenient access to transportation, shopping, and everyday amenities.

Amenities

  • Electricity Connected
  • Other

Contact

24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of E Realty International Corp