58 Ave Ave
Elmhurst, Queens, NY
$1,688,888 Price
7 Bedrooms  

Don’t miss this amazing brick semidetached legal 3 family right next to Queens Center Mall! Property can generate 6% cap rate of return with 100% occupancy year round! All set up for easy management: 3 gas meters, 3 boilers and 4 electric meters. Low maintenance-Property is 30'x30' solid...

Don’t miss this amazing brick semidetached legal 3 family right next to Queens Center Mall! Property can generate 6% cap rate of return with 100% occupancy year round! All set up for easy management: 3 gas meters, 3 boilers and 4 electric meters. Low maintenance-Property is 30'x30' solid brick with a small concrete backyard accessible from the first floor. Building was built in 2005 and has sprinklers throughout. There are 3 floors + attic with 2 bedrooms on each floor. Super easy commute to Manhattan by train. There is property tax abatement until 2032 so currently annual taxes are only $1200! The ideal investment awaits! Showings strictly by appointment.

Listing courtesy of N H Realty Group Inc

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

New Listing
Elmhurst, Queens, NY
Type:
Price: $1,688,888
Date Listed: 4/7/2025
Last Updated: 4/17/2025
Web ID: 837676

Info & Amenities

Bedrooms: 7
Bathrooms: 6.0
Built: 2005