Elmhurst, Queens, NY 11373
Property Type
Mixed Use
Central AC
Yes
Year Built
1955
RE Tax
$38,172 (Monthly)
Listing courtesy of Nora E. Avalos of NY Superior Realty.
Exceptional mixed-use investment opportunity just a few blocks from bustling Roosevelt Avenue in the heart of Elmhurst. This solid brick property offers the perfect combination of flexibility, income potential, and long-term value for both owner-users and investors. The property features a first-floor medical office, a second-floor office that will be delivered vacant, and a third-floor 3-bedroom apartment that can be delivered vacant, providing exceptional flexibility for an owner-user or investor looking to occupy or lease the available spaces. The property also includes two front parking spaces, a valuable convenience for businesses, clients, and tenants alike. Surrounded by restaurants, shopping, medical offices, and everyday conveniences, this property enjoys outstanding visibility and is conveniently located near the 7 train and Q32 & Q29 bus lines, making it an ideal location for businesses, tenants, and future occupants alike. Estimated market rents: first-floor medical office $5,000/month, second-floor office $4,000/month, and third-floor apartment $3,500/month (approximately $150,000 annual gross potential). Actual Yearly Expenses: $52,872. Whether you’re looking to invest or occupy, this versatile mixed-use property offers outstanding flexibility and long-term value.
0.0468 Acres
0
Queens
Elmhurst
Mixed Use
$38,172 (Monthly)
1955
Brick
3
1955
Elmhurst
Queens
Off Street
$38,172 (Monthly)
Yes - Central Air
Yes - Natural Gas
0
Public
Total$48,116.21/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
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