34-36 110TH ST , Queens, New York, United States
Property Type : Multi-Family Home
Property Style : N/A
Build Size : N/A
Land Size : N/A
Bedroom : 11
Bathroom : 6
Half Bathroom : 0
MLS#: 23407430
Property 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-