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Property Description

Calling All Investors, Developers & End-Users!!! 100% Occupied 12 Family Building Package For Sale!!! The Buildings Feature Excellent Signage, Great Exposure, Strong R7A Zoning, High 10′ Ceilings, Security System, Yard, Fenced Lot, 6 Parking Spaces, 200 Amp Power, All New LED Lighting, A/C In Every Unit, +++!!! The Property Is Located In The Heart Of Elmhurst Just Off Broadway Only Minutes From Queens Center!!! Neighbors Include Apple, TD Bank, Adidas, Costco, Target, 7-Eleven, Dunkin’, Walgreens, Planet fitness, Cold Stone Creamery, Raymour & Flanigan, Mattress Firm, Macy’s, Shack Shack, Dollar Tree, Liberty Tax, McDonald’s, White Castle, Subway, +++!!! As Per The Seller Each Building Has An Additional 5,000 Sqft. Of Air Rights!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or Make A Nice Addition To Your Portfolio!!! Income: 42-20 82nd St.: Unit 1A: $18,581.88 Ann. Lease Exp.: 10/31/24 . Unit 1B: $20,582.76 Ann. Lease Exp.: 10/31/24. Unit 2A: $24,084.96 Ann. Lease Exp.: 10/31/25. Unit 2B: $22,520.40 Ann. Lease Exp.: 10/31/25. Unit 3A: $21,041.40 Ann. Lease Exp.: 3/31/25. Unit 3B: $21,199.20 Ann. Lease Exp.: 10/31/24. 42-22 82nd St.: Unit 1A: $11,521.32 Ann. Lease Exp.: 12/31/24. Unit 1B: $14,265.36 Ann. Lease Exp.: 10/31/25. Unit 2A: $27,121.56 Ann. Lease Exp.: 12/31/24. Unit 2B: $27,000 Ann. Unit 3A: $19,966.68 Ann. Lease Exp.: 10/31/24. Unit 3B: $25,800 Ann. Lease Exp.: 4/30/24. Total Rental Income: $253,685.52 Ann. Expenses: Heating: $29,987 Ann. Insurance: $12,713.88 Ann. Water & Sewer: $14,583.18 Ann. Taxes: $49,376.98 Ann. Total Expenses: $106,661.04 Ann. Gross Income: $253,685.52 Ann. Net Operating Income (NOI): $147,024.48 Ann. , or

Features
Garage Spaces:
0
Parking Features:
Driveway, No Garage
Sewer:
Sewer
Address Map
City:
NY
State:
NY
County:
Queens
Directions:
Broadway to 82nd Street
Property and Construction
Architectural Style:
Colonial
Construction Materials:
Stone
Elementary School:
Columbus Elementary School
High School:
Call Listing Agent
Agent MlsId:
176463
Office MlsId:
CBE01
MiddleOrJunior School:
Ab Davis Steam High School
Number Of Units:
12
Senior Community:
1
Stories Total:
3
Tax Annual Amount:
$49,377
Water Source:
Public
Zoning:
R7A
PhotosCount:
27

Commercial Sale For Sale

42-20+22 82nd Street, New York, NY

5,000 Acre
$2,888,000
Listing ID #L3544942
Basic Details
Property Type :
Commercial Sale
Property SubType :
Mixed Use
Listing ID :
L3544942
Price :
$2,888,000
Building Area :
10,886 Sqft
Lot Area :
5,000 Acre
Year Built :
1928
Status :
Active
Status :
Active
Listing Office :
All Island Estates Realty Corp
Listing Agent :
Richard Matt Shane
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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