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Listing Courtesy of Douglas Elliman Real Estate
$ 2,350,000
Est. payment /mo
New
10436-10438 38TH Avenue Queens, NY 11368
17 Beds
8 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Subdivision Jackson Heights
MLS Listing ID RLS20014681
Bedrooms 17
Full Baths 8
HOA Y/N No
Annual Tax Amount $7,524
Property Sub-Type Single Family Residence
Property Description
Prime Elmhurst Investment Opportunity - 7.4 Cap Rate! Built in 2009, this well-maintained 4-story, 8-unit multifamily building with a high-yield 7.4 cap rate in the heart of Corona, Queens. Spanning 5,430 SF, sits on a 27 ft x125 ft lot and benefits from a 421a tax abatement. Fully occupied, the property features separately metered electric and gas. Each unit has its own independent heating system, ensuring low low operating costs. Strong rental income and a prime location make this an exceptional turn-key investment opportunity. Don''''''''t miss out on this rare find- contact us today!
Location
State NY
County Queens
Rooms
Basement Other
Interior
Cooling Other
Fireplace No
Laundry In Unit
Exterior
View Y/N No
View Other
Porch None
Private Pool No
Building
Dwelling Type Townhouse
Story 1
New Construction No
Others
Pets Allowed Pets Allowed
Ownership None
Monthly Total Fees $627
Special Listing Condition Standard
Pets Allowed Building Yes, No
RLS Data display by Renee Lee