91-16 43RD Ave
queens, NY 11373$1,950,000
- 7 BR7 BAAPPROX. 1,350 SF
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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!
Details
1,350 Sq Ft
2,500 Sq Ft Exterior Space
Multi Family
$11,844 Annual Tax
Built in 2002
MLS/Listing ID 23406301
Buyer’s Agent Compensation: 2%
4 Stories
8 Units
Amenities & Features
Washer/Dryer Allowed
Air Conditioning
Listing Courtesy of DOUGLAS ELLIMAN REAL ESTATE, BRUCE FRIEDBERG - 212-350-8500
Source of Data: REAL ESTATE BOARD OF NEW YORK
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
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