Listing courtesy of Douglas Elliman Real Estate Phone: (212) 891-7000
10436-10438 38TH Avenue, Queens, (Jackson Heights), NY, 11368

54 rooms
28 beds
22 Full baths
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!
Status:
Active
Town:
Queens
Type:
Single-family residential
Laundry Remarks:
In Unit
Units:
1
Cooling:
Other
Basement:
Other
Levels:
1
Lot Size:
0.0x0.0
Est. Taxes:
$14,856
View Description:
Other
Days on Market:
17
Pet Policy:
Building Yes, No
MLS #:
RLS20014681
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School Info
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