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Elmhurst NY, 11373 $2,188,000

Multi Family For Sale 9 Beds , 7 Full Bath , 5560 SqFt 

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Details ML#: 3544353  

  • Style: Apartment
  • # of Families: 6
  • Year Built: 2009
  • Taxes: $1,922
  • Status:Active

Description

Exceptional Investment Opportunity in Elmhurst! Presenting a meticulously maintained 6 Family building featuring a rare 12-year tax abatement. With the added bonus of three parking spaces and an indoor garage, convenience is paramount. Currently fully occupied, this property yields a robust gross income of $140K, with expenses totaling just $16K. Ideal for savvy investors or those exploring a 1031 exchange, this property offers both stability and potential. Situated near restaurants, public transportation, and the bustling Queens Center Mall, it ensures convenience and attraction for tenants. Don’t miss out on this prime opportunity to secure your investment future!

More Property Details

Room Information

Bedroom: 9   Full Bath: 7   Other: 9  

Property Features

Lot Size: 0.05   Lot Sq Ft: 2000   Approx. Int. Sq. Ft.: 5560.00   Garage: Yes   Garage: 2.0   Parking Spaces: Yes   Parking Spaces: 4   Parking Facilities: Private, Detached, 2 Car Detached, Garage  

Appliances & Utilities

Heat: Natural Gas, Baseboard   A/C: Wall Unit(s)   Water: Public   Sewer: Public Sewer   Garbage Removal: Private  

Financial

Taxes: $1,922  

Local Area Information

School District#: 11   Zoning: R6   Block: 2881   Lot: 51  

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