$1,750,000

Estimated payment $9,553/month

Total Views 1,017
11 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

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-

Listing Agent

Bruce Friedberg

Douglas Elliman Real Estate License #10301221448 Listed on: 04/07/2025

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,092

Year Built

  • Built in 2006

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100.00x20.00

Interior Spaces

  • 4-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • 6 Units
  • Jackson Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 0031 / 01753

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,092

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Jackson Heights
  • Entry Level: 1
  • Structure Type: Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Interior Features: Smoke Free
  • Fireplace: No
  • Living Area Units: Square Feet
  • Rooms (Total): 26
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 6
  • Bathrooms Integer: 6
  • Bedrooms: 11

Exterior Features

  • View: Other
  • View: No
  • Exterior Features: Private Outdoor Space Over 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Green Building
  • Cooling: Wall Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 2000.0
  • Lot Size Dimensions: 100.00x20.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 6
  • Total Stories: 4
  • Year Built: 2006

Tax Info

  • Tax Block: 01753
  • Tax Lot: 0031
  • Tax Annual: 1092.0

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 For Sale $1,750,000 0.0% --
08/03/2025 08/03/25 Off Market $1,750,000 -- --
04/07/2025 04/07/25 For Sale $1,750,000 -- --
Source: Real Estate Board of New York (REBNY)

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20014682

Real Estate Board of New York (REBNY)