$2,300,000
$2,500,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
18 Beds
9 Baths
10,920 SqFt
SOLD DATE : 10/25/2023
Key Details
Sold Price $2,300,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 10,920 sqft
Price per Sqft $210
MLS Listing ID L3461049
Style Other
Bedrooms 18
Full Baths 9
Year Built 1931
Annual Tax Amount $42,027
Property Sub-Type Multi Family
Property Description
Excellent investment opportunity. Rent stabilized 9-unit 4 story brick building located in the heart of Elmhurst. Gross annual income $190,000. All units are 2 bedrooms, 1 bath, living room and formal dining room. 1 unit has been completely renovated and all other are very well kept. 1 unit is owner occupied and it will be delivered vacant. The legal basement apartment is vacant and needs work. The building size is 42'x65' (10,920 SQFT of living space) and the lot is 42'x80.75'. 1 ? blocks to Queens Blvd and Half block to Broadway with all their amenities, public transportation, restaurants, shops and entertainment, Additional information: Appearance:Excellent
Location
State NY
County Queens
Interior
Heating Oil, Steam
Cooling None
Flooring Hardwood
Exterior
Parking Features On Street
Amenities Available Park
Building
Lot Description Near Public Transit, Near School, Near Shops
Water Public
Structure Type Brick
Schools
Elementary Schools Ps 7 Louis F Simeone
Middle Schools Is 5 Walter Crowley Intermediate
High Schools Queens24
School District Queens24
Others
Special Listing Condition None
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Bought with Prospes Real Estate Corp