34-36 110th Street

North Corona   |   34th Avenue & 37th Avenue

Building For Sale
$ 1,750,000
Ownership Income Property
Lot Size 20'x100'
Floors/Apts 4/6
Status Active
Real Estate Taxes [Per Annum] $ 1,092
Building Type Low-Rise
Building Size 20'x50'
Year Built 2008
Listing ID: 100037TH

Jason Bauer

License

Manager, Licensed Associate Real Estate Broker

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Property Description

Elmhurst Investment Opportunity - 6.5 Cap Rate!

Built in 2008, this well-maintained 4-story, 6-unit multifamily building with 1 commercial space offers a high-yield 6.5 cap rate in the heart of Elmhurst, Queens. Spanning 4,880 SF, the building sits on a 20 ft x 100 ft lot and benefits from a 421a tax abatement.

Mix of 1-2-3 bedrooms, fully occupied, the property features separately metered electric and gas.. The heating system is also separately metered, ensuring low operating costs. Strong rental income, and a prime location make this an exceptional turn-key investment opportunity.

Don''''t miss out on this rare find- contact us today!

Elmhurst Investment Opportunity - 6.5 Cap Rate!

Built in 2008, this well-maintained 4-story, 6-unit multifamily building with 1 commercial space offers a high-yield 6.5 cap rate in the heart of Elmhurst, Queens. Spanning 4,880 SF, the building sits on a 20 ft x 100 ft lot and benefits from a 421a tax abatement.

Mix of 1-2-3 bedrooms, fully occupied, the property features separately metered electric and gas.. The heating system is also separately metered, ensuring low operating costs. Strong rental income, and a prime location make this an exceptional turn-key investment opportunity.

Don''''t miss out on this rare find- contact us today!


Listing Courtesy of Douglas Elliman Real Estate

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Apartment Features

A/C
34-36 110th Street North Corona Queens NY 11368

Building Details [34-36 110th Street]

Ownership Income Property
Service Level None
Access Walk-up
Block/Lot 1753/31
Building Size 20'x50'
Zoning R5
Building Type Low-Rise
Year Built 2008
Floors/Apts 4/6
Lot Size 20'x100'

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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.