Description
Elmhurst Investment Opportunity – 6.5 Cap Rate!
Built in 2008, this well-maintained 4-story, 6-unit multifamily building with 1 commercial space offers a high-yield 6.5 cap rate in the heart of Elmhurst, Queens. Spanning 4,880 SF, the building sits on a 20 ft x 100 ft lot and benefits from a 421a tax abatement.
Mix of 1-2-3 bedrooms, fully occupied, the property features separately metered electric and gas.. The heating system is also separately metered, ensuring 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-
Address
Open on Google Maps- Address 34-36 110TH Street
- City New York City
- Zip/Postal Code 11368
- Area Jackson Heights
Details
Updated on August 29, 2025 at 1:07 pm- Property ID: RLS20014682
- Price: $1,750,000
- Property Size: 1080 Sqft
- Bedrooms: 11
- Rooms: 26
- Bathrooms: 6
- Year Built: 2006
- Property Type: Multi Family, Residential
- Property Status: Active, For Sale
Additional details
- Cooling: Wall Unit(s)
- County: Queens
- Property Type: Residential
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