Price Reduced 13.79%

$2,888,000

Est. Mortgage $14,414/mo *

Quick Pre-Approval

Brochure

Call Text Schedule Tour Request More Information

Price History

$3,350,000
4/15/2024

$2,888,000
5/10/2024

42-20+22 82nd Street, Queens, (Elmhurst), NY, 11373

42-20+22 82nd Street, Queens, (Elmhurst), NY, 11373
View larger map Directions

1928

Calling All Investors, Developers & End-Users!!! 100% Occupied 12 Family Building Package For Sale!!! The Buildings Feature Excellent Signage, Great Exposure, Strong R7A Zoning, High 10' Ceilings, Security System, Yard, Fenced Lot, 6 Parking Spaces, 200 Amp Power, All New LED Lighting, A/C In Every Unit, +++!!! The Property Is Located In The Heart Of Elmhurst Just Off Broadway Only Minutes From Queens Center!!! Neighbors Include Apple, TD Bank, Adidas, Costco, Target, 7-Eleven, Dunkin', Walgreens, Planet fitness, Cold Stone Creamery, Raymour & Flanigan, Mattress Firm, Macy's, Shack Shack, Dollar Tree, Liberty Tax, McDonald's, White Castle, Subway, +++!!! As Per The Seller Each Building Has An Additional 5,000 Sqft. Of Air Rights!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or Make A Nice Addition To Your Portfolio!!! Income: 42-20 82nd St.: Unit 1A: $18,581.88 Ann. Lease Exp.: 10/31/24 . Unit 1B: $20,582.76 Ann. Lease Exp.: 10/31/24. Unit 2A: $24,084.96 Ann. Lease Exp.: 10/31/25. Unit 2B: $22,520.40 Ann. Lease Exp.: 10/31/25. Unit 3A: $21,041.40 Ann. Lease Exp.: 3/31/25. Unit 3B: $21,199.20 Ann. Lease Exp.: 10/31/24. 42-22 82nd St.: Unit 1A: $11,521.32 Ann. Lease Exp.: 12/31/24. Unit 1B: $14,265.36 Ann. Lease Exp.: 10/31/25. Unit 2A: $27,121.56 Ann. Lease Exp.: 12/31/24. Unit 2B: $27,000 Ann. Unit 3A: $19,966.68 Ann. Lease Exp.: 10/31/24. Unit 3B: $25,800 Ann. Lease Exp.: 4/30/24. Total Rental Income: $253,685.52 Ann. Expenses: Heating: $29,987 Ann. Insurance: $12,713.88 Ann. Water & Sewer: $14,583.18 Ann. Taxes: $49,376.98 Ann. Total Expenses: $106,661.04 Ann. Gross Income: $253,685.52 Ann. Net Operating Income (NOI): $147,024.48 Ann. , or

Status:

Active

Town:

Queens

Type:

Commercial

Units:

12

Zoning:

R7A

Levels:

3

Acreage:

0.11

Est. Taxes:

$49,377

MLS #:

3544942

Community Info

School Info

Walk Score

Mass Transit

Yelp

Similar Properties

$2,700,000

176-20 Jamaica Avenue, Queens, (Jamaica), NY, 11432

$3,100,000

43-20 52nd Street, #Retail, Queens, (Woodside), NY, 11377

$2,850,000

110-01 15 Avenue, Queens, (College Point), NY, 11356

$2,700,000

220-11 Linden Boulevard, Queens, (Cambria Heights), NY, 11411

$2,975,000

37-55 76th Street, Queens, (Jackson Heights), NY, 11372

$2,995,000

23-66 Steinway Street, Queens, (Astoria), NY, 11105

$2,980,000

44-18 Broadway, Queens, (Astoria), NY, 11103

Price Reduced!

$2,975,000

133-24/46 Emerald Street, Queens, (Jamaica), NY, 11414

$3,000,000

43-20 52nd Street, #Medicl, Queens, (Woodside), NY, 11377

$2,750,000

101-23 44th Avenue, Queens, (Corona), NY, 11368

$2,790,000

41-13 Haight Street, Queens, (Flushing), NY, 11355

$2,800,000

25-51 Steinway Street, Queens, (Astoria), NY, 11103

$2,999,000

681 Woodward Avenue, Queens, (Ridgewood), NY, 11385

$2,980,000

44-18 Broadway, Queens, (Long Island City), NY, 11103

Price Reduced!

$3,088,000

26-24 3rd Street, Queens, (Astoria), NY, 11102

$2,699,000

107-18 Jamaica Avenue, Queens, (Richmond Hill), NY, 11418

New or Coming Soon Properties

New Listing!

$2,750,000

505 State Route 208, #10,11,12,13,14,16,17,18.+, Monroe, (Blooming Grove), NY, 10950

$2,350,000

154 Front, Hempstead, NY, 11550

New Listing!

$3,250,000

10 beds

10 baths

26-27 28th Street, Queens, (Astoria), NY, 11102

New Listing!

$2,750,000

8030 State Route 28, Big Indian, (Shandaken), NY, 12410

New Listing!

$2,950,000

1136 N Route 9, Wappingers Falls, (Wappinger), NY, 12590

New Listing!

$2,350,000

340 Mcguinness Boulevard, Brooklyn, (Greenpoint), NY, 11222


Listing courtesy of All Island Estates Realty Corp 516-783-5600