Turnkey Trophy Asset 7.5 Cap Fully Occupied Mixed-Use Gem Introducing a rare opportunity to own a sleek 2-unit mixed-use condominium in a vibrant, high-density corridor that practically prints cash. Built just 11 years...
Turnkey Trophy Asset 7.5 Cap Fully Occupied Mixed-Use Gem Introducing a rare opportunity to own a sleek 2-unit mixed-use condominium in a vibrant, high-density corridor that practically prints cash. Built just 11 years ago , this modern new construction property is as sharp as it is solid - offering investors a fully leased, income-generating machine with zero headaches and serious upside. NOI 136,150 7.5 Cap Rate 1 Commercial Condo featuring 2 dynamic retail storefronts 1 Residential Condo comprised of 4 fully occupied rental apartments Strong occupant mix with consistent cash flow and proven performance Located in a high-traffic, transit-rich neighborhood - excellent for both residential living and commercial exposure Surrounded by shopping, dining, and major transportation hubs , making it a resident and commuter favorite This is the kind of turnkey investment that savvy buyers dream of - low maintenance, fully stabilized, and delivering immediate returns. Whether you're expanding your portfolio or entering the mixed-use space with confidence, this property checks every box. Solid construction. Prime location. Sexy numbers. Let's talk.
Courtesy of Douglas Elliman Real Estate
New Listing
Elmhurst, New York
Type: Townhouse
Price: $1,750,000
Re Tax: $24,360
Date Listed: 4/16/2025
Web ID: 1111815235
Type: Mixed Use
Rooms: 20.0
Bedrooms: 6
Bathrooms: 4.0
Pets allowed: Yes
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