Spacious multi-unit investment opportunity in the heart of East Elmhurst. The property features 6 total units (5 legal rental units plus 1 auxiliary space) and is currently fully occupied, offering immediate rental income potential. All tenants will remain in place and the property will be sold as-is.
The building also includes 4 on-site parking spaces, a rare and valuable feature in Queens that can provide additional income or strong tenant appeal. Conveniently located near LaGuardia Airport, major highways, and public transportation, with easy access to shopping, dining, and neighborhood amenities. A solid opportunity for investors seeking steady cash flow, long-term hold potential, or a 1031 exchange property in a high-demand rental area.
3,960 Sq Ft
2,400 Sq Ft Lot Size
commercial
US$36,317 Annual Tax
Built in 1971
MLS/Listing ID 969244
5 Units
Heating - Natural Gas
Cooling - Wall/window unit(s)
Construction - Brick
Parking - Parking Lot
TOTAL MONTHLY COST
US$0
US$0
US$0