Rarely available mixed use gem in the heart of Elmhurst, offering a ground floor Deli storefront and two oversized residential units above.


Property

Website:https://www.nestseekers.com/5461539
Address:
New York, NY 11373
Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio

Financials

Price:$2,795,000
Annual Taxes:$7,146

Description

Rarely available mixed-use gem in the heart of Elmhurst, offering a ground-floor Deli storefront and two oversized residential units above. This well-maintained 3-story property features building dimensions of 23x48 on a 25x100 lot, providing generous interior space. Both the second and third floors are configured as spacious 3-bedroom, 2-bathroom apartments, each featuring a full kitchen, dining area, and living room. The property also includes a high-ceiling basement with a convenient separate entrance. Delivered entirely vacant. Ideally situated on a major commercial thoroughfare, it is just minutes away from the E, M, R, F,subway lines, Queens Center Mall, and premier supermarkets. Zoned R5, R6A, and C1-2 with exceptionally low annual taxes of only $7,146 . Currently operating at a 6% CAP with a clear trajectory to 7%+.

Amenities

  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Trash Collection Public
  • Water Connected

Contact

24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of New Group Realty Inc