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$ 5,180,000
Est. payment /mo
Price Dropped by $170K
25-56 97th ST East Elmhurst, NY 11369
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 912667
Style High Rise
Rental Info No
Year Built 2023
Annual Tax Amount $3,396
Property Sub-Type Multi Family
Source onekey2
Property Description
Located in the heart of East Elmhurst, this newly built 2023 multi-family property with elevator offers a rare investment opportunity with a 35-year tax abatement. The building features six 2-bedroom units, one 4-bedroom unit, and one 5-bedroom unit, appealing to a broad range of tenants and household needs. With an annual rental income of $370,800, the property provides strong income potential in a convenient Queens location near LaGuardia Airport, shops, restaurants, supermarkets, schools, and public transportation. Seller financing is available for qualified buyers.
Location
State NY
County Queens
Rooms
Basement Finished, Full
Interior
Heating Electric
Cooling Ductless
Fireplace No
Appliance Electric Water Heater
Exterior
Parking Features On Street
Utilities Available Electricity Connected, Sewer Connected, Trash Collection Public, Water Connected
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools East Elmhurst Community School
Middle Schools Is 227 Louis Armstrong
High Schools Queens 30
School District Queens 30
Others
Special Listing Condition None
Listed by Tony & William R E Brotherhood • Chun H. Xie