3-Family !Collecting $112,800 annually now! PRIME EAST ELMHURST INVESTMENT & DEVELOPMENT OPPORTUNITY! Full-Brick 3-Family + Adjacent Large Lot | R6B Zoning | Income-Producing Property!
Excellent opportunity to own a full-brick, semi-detached 3-family property with a rare adjacent oversized lot, offering strong rental income and future development potential.
>>Main Building: Lot Size: Approx. 37 × 97 FT (3,531 SF)Building Size: Approx. 20 × 58 FT per floor. Currently configured as a 3-family residence with finished basement ,Three-bedroom layouts on the 1st floor, Two 2 Bed/1 bath units on second floor. Tenants pay their own electric, gas, and other utilities
Property is in Good condition.>>Additional Adjacent Lot: Approx. 15 × 220 FT=Approx. 3,186 SF
Rare opportunity for additional land and potential future development, subject to zoning and DOB approval.
Multiple bus lines near the property with convenient access toward Main Street, Flushing
Approximately 3 blocks from LaGuardia Airport; Approximately 9 minutes to Flushing; Convenient access to major transportation, shopping, dining, and neighborhood amenities
Zoning: R6B — buyers should independently verify zoning, allowable uses, FAR, development potential, and all building information with the appropriate NYC agencies.