10436-10438 38TH Avenue

Prime Elmhurst Investment Opportunity - 7.4 Cap Rate!

Built in 2009, this well-maintained 4-story, 8-unit multifamily building with a high-yield 7.4 cap rate in the heart of Corona, Queens. Spanning 5,430 SF, sits on a 27 ft x125 ft lot and benefits from a 421a tax abatement.

Fully occupied, the property features separately metered electric and gas. Each unit has its own independent heating system, ensuring low low operating costs. Strong rental income and a prime location make this an exceptional turn-key investment opportunity.

Don''''''''t miss out on this rare find- contact us today!

17
beds

8
baths

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Features & Amenities

Interior

total bedrooms17
Total bathrooms8
full bathrooms8
Laundry room In Unit

Area & Lot

Status For Sale
MLS® IDRLS20014681
TypeResidential
View DescriptionOther

Exterior

STORIES1
AIR CONDITIONINGOther

Financial

Sales Price$2,350,000
Real Estate Tax $7,524/yr

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John is known for his supportive communication style and team-oriented approach. During his career, John has developed the skills that enable him to deal with any problems that may arise in a real estate transaction. Contact John & his team today!

Contact Details

The Lawrence Team

Phone

(917) 952-3306

[email protected]

Address

575 Madison Ave, 6th Floor New York, NY 10022

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$2,350,000

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Bruce Friedberg

Features & Amenities

Interior

Area & Lot

Exterior

Financial

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Contact Details

The Lawrence Team

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