Rarely available mixed use gem in the heart of Elmhurst, offering a ground floor Deli storefront and two oversized residential units above.
| Website: | https://www.nestseekers.com/5461539 |
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| Address: | New York, NY 11373 |
| Ownership: | For Sale |
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| Type: | Multi-Family |
| Bedrooms: | Studio |
Financials
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
24-20 Jackson Ave Floor 3
Long Island City, NY 11101, USA Phone: +1 929-442-2208 | |
| Listing Courtesy of New Group Realty Inc | |