3 Beds
3 Baths
1,189 Sqft Lot
3 Beds
3 Baths
1,189 Sqft Lot
Open House
Sun May 17, 1:00pm - 3:00pm
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 945292
Bedrooms 3
Full Baths 3
Rental Info No
Year Built 2006
Annual Tax Amount $8,882
Lot Size 1,189 Sqft
Acres 0.0273
Property Sub-Type Duplex
Source onekey2
Property Description
### Investment Highlights
- **Cap Rate**: 8%
- **Projected Annual Income**: Approximately $140,000
- **Additional Income**: Large parking lot potential for renting space for boats and jet skis, alongside car parking
### Property Overview
- **Location**: Prime East Elmhurst, with unobstructed views extending to Grand Central
- **Type**: Legally permitted two-family, all-brick corner property
- **Built**: 2006
- **Stories**: Three above ground plus a basement
- **Renovation**: Newly renovated with high ceilings and hardwood floors
### Unit Configuration
- **Total Bedrooms**: 3
- **Total Bathrooms**: 4
- **First Floor**:
- 1 bedroom
- 1 bathroom
- Kitchen and living room
- **Second & Third Floors**:
- Each with 2 bedrooms
- Each with 2 bathrooms
- Kitchen and living room
- **Basement**:
- Separate entrance
- Storage room
- 1 bathroom
### Additional Features
- **Outdoor Space**: Sitting area available for barbecues
- **Parking**:
- Multiple spaces for 4-5 cars
- Potential for additional income from renting space for boats and jet skis
- **Zoning**: R4
- **Property Taxes**: Low at $8,882
### Location Benefits
- **Proximity to Transportation**:
- Just a 2-minute walk to bus stops (Q19, Q69, Q33, Q47)
- Convenient access for Manhattan commuters
- **Nearby Amenities**:
- Supermarkets, banks, restaurants, and other essential services are within easy reach
### Ideal Use Cases
- **Investors**: Strong income potential with high demand for rentals in the area
- **Owner-Occupants**: Comfortable living space with options for rental income
This property combines modern amenities with a prime location, making it a great option for both investors and future homeowners.
Location
State NY
County Queens
Rooms
Basement Finished, Full
Interior
Interior Features Other
Heating Baseboard, Other
Cooling None
Fireplace No
Exterior
Parking Features Driveway
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected
Total Parking Spaces 4
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Ps 2 Alfred Zimberg
Middle Schools Is 141 Steinway (The)
High Schools Queens 30
School District Queens 30
Others
Senior Community No
Special Listing Condition None
Nearby Locations
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