Property Description

Meticulously maintained C1-class three-story walk-up located in the heart of Elmhurst, Queens, offering an exceptional opportunity for investors seeking stable income in a high-demand rental market. The building measures 20' x 42' on a 25' x 100' lot and is semi-attached. This property will be sold together with an adjacent, identical building, which is separately listed, creating a rare chance to acquire a side-by-side portfolio in a premier location. The building features a relatively new roof, new boiler, and new hot water heater, reflecting ongoing ownership care and minimizing near-term capital expenditures. The unfinished basement is clean, dry, and unoccupied, offering flexibility for storage or future use. All apartments are well-kept, easily accessible, and occupied by long-term, reliable tenants, supported by an excellent rent roll. The property has been exceptionally well maintained throughout. Ideally situated just moments from Roosevelt Avenue with access to the 7 train, and surrounded by multiple local bus lines along Broadway and Corona Avenue. Close to shopping, dining, schools, and all neighborhood conveniences. Strong location. Strong income. Turnkey condition. This opportunity will not last.

Property Features

Local Schools