BEDS7
BATHS7 full
MLS#RLS20014683
STATUSActive
PROPERTY TYPEResidential -
SUBDIVISIONElmhurst
Property Description
Elmhurst Investment Opportunity - 7.3 Cap Rate!
Built in 2002, this well-maintained 4-story, 7-unit multifamily building with 1 commercial space offers a high-yield 7.3 cap rate in the heart of Elmhurst, Queens. Spanning 6,300 SF, the 25 ft x 54 ft building sits on a 25 ft x 100 ft lot and benefits from a 421a tax abatement.
Fully 100% occupied, the property features separately metered electric and gas, with tenants covering their own utilities. Each unit has its own independent heating system, ensuring low low operating costs. Strong rental income and location make this an exceptional turn-key investment opportunity.
Don't miss out on this rare find- contact us today!
Property Features
Property Type: Residential -
Basement: Other
Cooling: Window Unit(s)
Lot Size: 0.06 Acres
Stories: 4.0
Taxes: $11,844
Year Built: 2002
Amenities
Smoke Free
Private Outdoor Space Over 60 Sqft
Feature Descriptions
Building Features: Green Building
Days on Site: 447
Laundry: In Unit
Lot Dimensions: 100.00x25.00
Patio/Porch: None
Pets Allowed: Building Yes, No
Special View Info: Other
Units: 8
Listed By / Shown By
Listed By
Agency Name: Douglas Elliman Real Estate
Agency Phone: (212) 891-7000
Shown By
Agency Title: Joyce Realty
Agency Phone: (800-275-5692)
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Estimate Your Payment
Estimated Payment
$ 5,706.81 per month $4,172.94 Principal & Interest $987.00 Property Tax $546.88 Homeowner's InsuranceChange Payment Information
Corporate Headquarters
7 E Central Ave, Unit 15, Pearl River, NY 10965Phone: 800-ASK-JOYCE (800-275-5692)
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91-16 43rd Avenue | MLS# RLS20014683
This home located at 91-16 43rd Avenue, Queens, NY 11373 is currently listed for sale with an asking price of $1,875,000. This property was built in 2002 and has 7 bedrooms and 7 full baths. 91-16 43rd Avenue is located in the Elmhurst subdivision. Search Elmhurst real estate on www.joycerealty.com today.