10436-10438 38TH Avenue
New York, NY 11368

Building

Type:Apartment
Era:Post-war

Property

Ownership: Unknown
Rooms: 32
Bedrooms: Studio
Pets: Pets Unknown

Financials

Price:$2,350,000
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Douglas Elliman Real Estate

Description

Prime Elmhurst Investment Opportunity - 7.4 Cap Rate!

Built in 2009, this well-maintained 4-story, 8-unit multifamily building with a high-yield 7.4 cap rate in the heart of Corona, Queens. Spanning 5,430 SF, sits on a 27 ft x125 ft lot and benefits from a 421a tax abatement.

Fully occupied, the property features separately metered electric and gas. Each unit has its own independent heating system, ensuring low 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!

Neighborhood

More listings:

Prime Elmhurst Investment Opportunity 7.


OLR IDX

RLS Data display by Nest Seekers LLC.

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. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.