All brick mixed use corner property with low taxes and low maintenance costs in East Elmhurst, Queens. Building features a large storefront on first floor (delivered vacant) and 2 two bedroom residential apartments on the second floor. Store is a generous 1216 sq ft with two bathrooms, roughed out commercial kitchen, access to basement and access to backyard. Currently setup as a convenience store (Rent: $6,000/mo VOT). Second floor features a 2 bedroom/1 bath front unit in average condition (Rent: $1,750 MTM) and a 2 bedroom/1 bath rear unit in original condition (Rent: $1,790 MTM). Both residential tenants are in good standing and pay on time every month. Building also features a fully finished basement and is located right on 31st Ave which is a busy thoroughfare in the area. 2 blocks from Northern Blvd, 1 block from Astoria Blvd. Interest rates are coming down, ensure a solid return with this 7.5% cap rate in a prime area of Northwest Queens. Ideal for 1031 exchange, business owner, and/or income investor. Take advantage of this great opportunity!
Excellent investment opportunity !! nicely located in the heart of queens, R4 zoning near transportation, airports, supermarkets, schools and major highways.
Corner Commercial Property For Sale. This expansive corner property features newly renovated retail spaces and offers the flexibility for the buyer to have the entire building delivered vacant upon sale. The property includes a diverse array of establishments, such as Laundromat, Restaurant/Bar, Deli, Party Hall & Social Club. Located in Astoria Heights, known for its accessibility and cultural diversity, this property promises not only steady rental income but also substantial potential for growth. The option to have the entire building delivered vacant offers unparalleled flexibility for an end user or repositioning. Investment Opportunity. Featured commercial Sales.
Beautiful 7 Family in East Elmhurst. Desirable location in a well-established neighborhood. Multi-family building with a mix of 1 and 2-bedroom units. Great investment opportunity with significant income potential. Perfect for investors looking for a stable property in a high-demand area. Excellent access to public transportation and major highways. Close to local amenities, parks, and schools. Convenient proximity to LaGuardia Airport for frequent travelers.
Mixed use building for sale right on Junction blvd, near Northern blvd. 1st floor commercial with 2nd floor residential apartments. zoning is R6A with C1-4 overlay. Potential to build six to eight story mixed use buildings. Owner is selling this property and the one next door, potential to build on a 40x97 lot with two buildings. store can be rented for $8000, 2fl Front:: 1 bedroom apt rented $1900 a month, 2fl rear: 1 bedroom apt rented $2000. Huge yard. Rents can be increased to market value around $2375-2475 each.
Mixed use building for sale right on Junction blvd, near Northern blvd. 1st floor commercial with 2nd floor residential apartments. zoning is R6A with C1-4 overlay. Potential to build six to eight story mixed use buildings. Owner is selling this property and the one next door, potential to build on a 40x97 lot with two buildings.
GREAT INVESTMENT OPPORTUNITY! Brick Mixed-use building in the heart of East Elmhurst. A spacious storefront + 2 residential units. The store is appx. 1200 SF currently setup as a restaurant/bar business(vacant at closing) with a full finished basement. 2nd floor are two apts. The front is a 2 Bedroom apt and the rear is a 2 Bedroom apt. Very busy location with lots of potentials!
East Elmhurst is located in New York. East Elmhurst, New York has a population of 0.
The median household income for the surrounding county is $62,008 compared to the national median of $57,652.
The average high temperature in July is 85.3 degrees, with an average low temperature in January of 26.6 degrees. The average rainfall is approximately 47.05 inches per year, with 26.9 inches of snow per year.