$2,188,000 ($393.53 per sqft)

Est. Mortgage $11,353/mo *

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Price History

$1,288,000
4/12/2024

$2,188,000
4/12/2024

85-03A 57th Avenue, #A, Elmhurst, NY, 11373

85-03A 57th Avenue, #A, Elmhurst, NY, 11373
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25 rooms

9 beds

7 Full baths

2009

Apartment

5,560 sqft

Exceptional Investment Opportunity in Elmhurst! Presenting a meticulously maintained 6 Family building featuring a rare 12-year tax abatement. With the added bonus of three parking spaces and an indoor garage, convenience is paramount. Currently fully occupied, this property yields a robust gross income of $140K, with expenses totaling just $16K. Ideal for savvy investors or those exploring a 1031 exchange, this property offers both stability and potential. Situated near restaurants, public transportation, and the bustling Queens Center Mall, it ensures convenience and attraction for tenants. Don't miss out on this prime opportunity to secure your investment future!

Status:

Active

Type:

Multi-family

Units:

6

Zoning:

R6

Garage:

2-car Private, Detached, 2 Car Detached, Garage

Heating:

Natural Gas, Baseboard

Cooling:

Wall Unit(s)

Basement:

Full

Parking:

4-car

Acreage:

0.05

Est. Taxes:

$1,922

Construction

Brick

Elementary School:

Ps 102 Bayview

Middle School:

Is 73 Frank Sansivieri Inter School

High School:

Newtown High School

School District:

Community District 24

MLS #:

3544353

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of CPRE Elite Inc 212-960-8787