10436-10438 38TH Avenue new Save Request In-Person Tour Request Virtual Tour
Queens,NY 11368
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
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
Interior
Cooling Other
Laundry In Unit
Exterior
View Y/N No
View Other
Building
Dwelling Type Townhouse
Story 1
New Construction No
Others
Monthly Total Fees $627
Special Listing Condition Standard
Pets Allowed Building Yes,No