91-16 43RD Avenue

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!

7
beds

7
baths

2,500 Sq.Ft. lot

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Thank you for your interest in 91-16 43RD Avenue, Queens, NY 11373. We are reviewing your request and will be in touch shortly!

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Features & Amenities

Interior

total bedrooms7
Total bathrooms7
full bathrooms7
Laundry room In Unit

Area & Lot

Status For Sale
Lot Area2,500 Sq.Ft.
MLS® IDRLS20014683
TypeMulti-Family
YEAR BUILT2002
View DescriptionOther

Exterior

STORIES4
AIR CONDITIONINGWindow Unit(s)

Financial

Sales Price$1,950,000
Real Estate Tax $11,844/yr

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Work With Us

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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$1,950,000

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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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