Homes for sale - 10436-10438 38TH Avenue, Queens, NY 11368

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Sophia (Zhengping Qi) Lin

slin@spiregroupny.com +1(646) 248-3012

Listing Courtesy of Douglas Elliman Real Estate

$4,350,000

Est. payment - /mo

28 Beds

22 Baths

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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 28

HOA Y/N No

Annual Tax Amount $14,856

Property Sub-Type Single Family Residence

Property Description

Prime Elmhurst Investment Opportunity - 7.5 Cap Rate! -NOI 316,113 -Built in 2009: -Not just 1 but 2 well-maintained 4-story, 8-unit and 7 unit multifamily buildings -15 total apartments, 6 one beds / 5 two beds / 4 three beds - 54 total rooms / 28 total bedrooms - 7.5 cap rate in the heart of Corona, Queens -benefits from 421a tax abatements / RET 1,237 month -Spanning a total of 5,430 SF, sits on a 27 ft. x125 ft. and 20 ft. x 125ft. lots respectively 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. Do not miss out on this rare find- contact us today!

Location

State NY

County Queens

Rooms

Basement Other

Interior

Interior Features Smoke Free

Cooling Other

Fireplace No

Laundry In Unit

Exterior

Exterior Feature Private Outdoor Space Over 60 Sqft

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 $1, 238

Special Listing Condition Standard

Pets Allowed Building Yes, No

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RLS Data display by Spire Group Inc.

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Sophia (Zhengping Qi) Lin

+1(646) 248-3012

Licensed Real Estate Salesperson | License ID: 10401253607

Licensed Real Estate Salesperson License ID: 10401253607

10436-10438 38TH Avenue Queens, NY 11368

Sophia (Zhengping Qi) Lin

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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