Meticulously maintained C2-class three-story walk-up located in the heart of Elmhurst, Queens, offering an exceptional opportunity for investors seeking stable income in a high-demand rental market. The building measures 20’ x 42’ on a 25’ x 100’ lot and is semi-attached.
This property will be sold together with an adjacent, identical building, which is separately listed, creating a rare chance to acquire a side-by-side portfolio in a premier location.
The building features a relatively new roof, new boiler, and new hot water heater, reflecting ongoing ownership care and minimizing near-term capital expenditures. The unfinished basement is clean, dry, and unoccupied, offering flexibility for storage or future use.
All apartments are well-kept, easily accessible, and occupied by long-term, reliable tenants, supported by an excellent rent roll. The property has been exceptionally well maintained throughout.
Ideally situated just moments from Roosevelt Avenue with access to the 7 train, and surrounded by multiple local bus lines along Broadway and Corona Avenue. Close to shopping, dining, schools, and all neighborhood conveniences.
Strong location. Strong income. Turnkey condition.
This opportunity will not last.
2,404 Sq Ft
2,500 Sq Ft Lot Size
investment
US$14,261 Annual Tax
Built in 1931
MLS/Listing ID 932947
3 Units
Eat-in Kitchen
Open Floor Plan
Heating - Baseboard
Heating - Natural Gas
Block
Ceramic Tile
Cooling - Wall/window unit(s)
Construction - Aluminum Siding
Construction - Brick
Style - Colonial
Lot - Back Yard
Double Pane Windows
City View
Lot - Borders State Land
TOTAL MONTHLY COST
US$0
US$0
US$0