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Status: Active

91-16 43RD Avenue, #

Elmhurst

$1,950,000
 |  7 Beds  |  7 Baths  |  6,294SF

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!

 

Listing courtesy of Douglas Elliman Real Estate

Property Details

  • Multi Family

Amenities

  • Building: Green Building
  • Cooling: Window Units
  • Patio: None
  • Attendance: None
  • View: Other
  • Laundry: In Unit
  • Pets: Building Yes, No
  • Basement: Other

The Neighborhood

ELMHURST
Elmhurst

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For information on 91-16 43RD Avenue, # contact:

realtor top real estate agent

Jacob Goldman

Founder, Principal Broker

212-388-1115

Founder, Principal Broker
listings@lohorealty.com
212-388-1115

Listing courtesy of Douglas Elliman Real Estate
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