Prime 20 Unit Investment Property in the Heart of Elmhurst This exceptional brick building offers investors a rare combination of high yield cap rate and stability with 18 two bedroom ...
| Website: | https://www.nestseekers.com/5667678 |
|---|---|
| Address: | New York, NY 11373 |
| Ownership: | For Sale |
|---|---|
| Type: | Multi-Family |
| Bedrooms: | Studio |
| Lot Size: | 0.1 Acres |
Financials
Description
Prime 20-Unit Investment Property in the Heart of Elmhurst - This exceptional brick building offers investors a rare combination of high-yield cap rate and stability with 18 two-bedroom apartments, 1 large studio, and 1 three-bedroom unit. A vacant two-bedroom apartment available for immediate showing. Located in desirable Elmhurst with excellent transportation access, this well-maintained property features stable, long-term tenants under professional management, providing consistent cash flow with minimal hands-on involvement. The solid brick construction, prime location, and established tenant base make this a turnkey investment opportunity perfect for both seasoned investors and those seeking to add a reliable income-producing asset to their portfolio.
47-44 Vernon Blvd, Long Island City, NY 11101 Phone: +1 718-707-0200 Fax: +1 718-707-0233 | |
| Listing Courtesy of Royalux Realty LLC | |