NY > Elmhurst
Elmhurst, NY 11373,42-20+22 82nd ST
Elmhurst, NY 11373,42-20+22 82nd ST
Elmhurst, NY 11373,42-20+22 82nd ST
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Alex Baron

Alex Baron

+1(718) 490-4523
$2,888,000
Est. payment /mo
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UPDATED:

12/04/2024 10:12 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEYL3544942

Originating Board onekey2

Rental Info No

Year Built 1928

Annual Tax Amount $49,377

Lot Dimensions 25x100

Property Description

Calling All Investors, Developers & End-Users!!! 100% Occupied 12 Family Building Package For Sale!!! The Buildings Feature Excellent Signage, Great Exposure, Strong R7A Zoning, High 10' Ceilings, Security System, Yard, Fenced Lot, 6 Parking Spaces, 200 Amp Power, All New LED Lighting, A/C In Every Unit, +++!!! The Property Is Located In The Heart Of Elmhurst Just Off Broadway Only Minutes From Queens Center!!! Neighbors Include Apple, TD Bank, Adidas, Costco, Target, 7-Eleven, Dunkin', Walgreens, Planet fitness, Cold Stone Creamery, Raymour & Flanigan, Mattress Firm, Macy's, Shack Shack, Dollar Tree, Liberty Tax, McDonald's, White Castle, Subway, +++!!! As Per The Seller Each Building Has An Additional 5,000 Sqft. Of Air Rights!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or Make A Nice Addition To Your Portfolio!!! Income: 42-20 82nd St.: Unit 1A: $18,581.88 Ann. Lease Exp.: 10/31/24 . Unit 1B: $20,582.76 Ann. Lease Exp.: 10/31/24. Unit 2A: $24,084.96 Ann. Lease Exp.: 10/31/25. Unit 2B: $22,520.40 Ann. Lease Exp.: 10/31/25. Unit 3A: $21,041.40 Ann. Lease Exp.: 3/31/25. Unit 3B: $21,199.20 Ann. Lease Exp.: 10/31/24. 42-22 82nd St.: Unit 1A: $11,521.32 Ann. Lease Exp.: 12/31/24. Unit 1B: $14,265.36 Ann. Lease Exp.: 10/31/25. Unit 2A: $27,121.56 Ann. Lease Exp.: 12/31/24. Unit 2B: $27,000 Ann. Unit 3A: $19,966.68 Ann. Lease Exp.: 10/31/24. Unit 3B: $25,800 Ann. Lease Exp.: 4/30/24. Total Rental Income: $253,685.52 Ann. Expenses: Heating: $29,987 Ann. Insurance: $12,713.88 Ann. Water & Sewer: $14,583.18 Ann. Taxes: $49,376.98 Ann. Total Expenses: $106,661.04 Ann. Gross Income: $253,685.52 Ann. Net Operating Income (NOI): $147,024.48 Ann. , or

Location

State NY

County Queens

Interior

Fireplace No

Exterior

Total Parking Spaces 6

Private Pool No

Building

Story 3

Others

Special Listing Condition None

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Listed by All Island Estates Realty Corp
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"Known for our thorough market analysis and exceptional client service, we've built a reputation for professionalism and effective negotiation skills. Our strategic approach and dedication to client satisfaction have solidified our standing as a trusted advisor in the New York real estate community. "

+1(718) 490-4523

wesellhomes.pro@gmail.com

32-55 Francis Lewis Blvd, Flushing, NY, 11358, USA

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