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Status: Active

10436-10438 38TH Avenue, #

park-cemetery-etc-Queens

$2,350,000
 |  17 Beds  |  8 Baths  |  0SF

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!

 

Listing courtesy of Douglas Elliman Real Estate

Property Details

  • House

Amenities

  • Building: Green Building
  • Cooling: Other
  • Patio: None
  • Attendance: None
  • View: Other
  • Laundry: In Unit
  • Pets: Building Yes, No
  • Basement: Other

For information on 10436-10438 38TH Avenue, # contact:

realtor top real estate agent

Jacob Goldman

Founder, Principal Broker

212-388-1115

Founder, Principal Broker
listings@lohorealty.com
212-388-1115

Listing courtesy of Douglas Elliman Real Estate
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