Rare opportunity to acquire a 4-family rent-stabilized corner property in the heart of East Elmhurst. The building consists of four apartments that have been registered with DHCR and features a desirable unit mix of one 2-bedroom apartment, two 1-bedroom apartments, and a legal 1-bedroom basement apartment. Two units are currently occupied, and two units will be vacant at closing, providing immediate occupancy and future income potential subject to applicable rent stabilization regulations.Situated on a residential block near shopping, restaurants, schools, public transportation, LaGuardia Airport, major highways, and neighborhood amenities, this property presents a unique opportunity to own a multifamily asset in one of Queens' most sought-after neighborhoods.Property is being sold as-is. Buyers are encouraged to conduct their own due diligence regarding rent stabilization status, legal rents, and future rental increases.
Estimated Payment
$ 5,568.71 per month $4,293.01 Principal & Interest $1,028.08 Property Tax $247.63 Homeowner's InsuranceListing By
Agency Name: Empire Fine Homes
Agency Contact: 718-841-7309
Shown By
Agent Name: Ricki Noto
Agent Phone: Cell: (917) 860-5952
Agency Title: Coldwell Banker American Homes
102-06 27th Avenue | MLS# 1011227
This multi-family property located at 102-06 27th Avenue, East Elmhurst, NY 11369 is currently listed for sale with an asking price of $849,000. 102-06 27th Avenue is located within the Queens 30 school district. Search East Elmhurst real estate on www.rickinoto.com today.