Jackson Heights

HOUSE

Address: ‎10436-10438 38TH Avenue

Zip Code: 11368

28 bed, 22 bath

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$4,350,000

ID # RLS20014681

English

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ID #‎ RLS20014681
Details28 bed, 22 bath
(DOM): 69 days
Taxes
(per year)
$14,856
Bus2 min: Q23
3 min: Q48
8 min: Q72
9 min: Q58, Q66
Subway2 min: 7
LIRR1 miles: "Mets-Willets Point"
1.7 miles: "Flushing Main Street"

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房屋英文概況 English Description

Prime Elmhurst Investment Opportunity - 7.5 Cap Rate!

-NOI 316,113

-Built in 2009:

-Not just 1 but 2 well-maintained 4-story, 8-unit and 7 unit multifamily buildings

-15 total apartments, 6 one beds / 5 two beds / 4 three beds

- 54 total rooms / 28 total bedrooms

- 7.5 cap rate in the heart of Corona, Queens

-benefits from 421a tax abatements / RET 1,237 month

-Spanning a total of 5,430 SF, sits on a 27 ft. x125 ft. and 20 ft. x 125ft. lots respectively

Fully occupied, the property features separately metered electric and gas.Each unit has its own independent heating system, ensuring low low operating costs. Strong rental income and a prime location make this an exceptional turn-key investment opportunity.

Do not miss out on this rare find- contact us today!

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

Courtesy of Douglas Elliman Real Estate

公司: ‍212-891-7000




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$4,350,000

HOUSE
ID # RLS20014681
‎10436-10438 38TH Avenue
Jackson Heights, NY 11368
28 bed, 22 bath


Listing Agent(s):‎
Are you the listing agent? Sign up to add your name and cell #‎

Office: ‍212-891-7000

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