Remarks

This exceptional property presents a unique investment opportunity in a prime location in Elmhurst. The building boasts eight contemporary residential units—six units with 1BR apt and two penthouses with two bedrooms and two bathrooms. Tenants pay for their utilities. Subway and bus stations are just around the corner. Convenient access to all supermarkets, restaurants, and stores. All Units Rented with Good Tenants. Ideal for generating a steady income. A valuable community facility adds to the property's appeal and potential for positive impact. The central location offers convenient access to amenities and transportation. This is a rare chance to acquire a well-maintained; each condo unit can be sold separately; the buyer needs to re-activate the condo book—A mixed-use building with significant potential—an excellent opportunity for 1031 Tax Exchange.

Details

MLS#: 811519
Price: $6,850,000

Style: Multi Family
Sq Ft: 11000
Year Built: 2008

County: Queens
Tax Fee: 44123