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8220 Britton Ave Elmhurst, NY 11373

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For Sale
$6,850,000

Eight Units, Prime Elmhurst Location

Property size:
11,000 SF

Property Features for 8220 Britton Ave

General Information

Property type
Other commercial real estate
Square Feet
11,000 SF

Building Details

Year Built
2008

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Listing Contact
Won Lee

Listing Agency: New Group Realty Inc Listing Agent: Won Lee

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional Elmhurst, NY property offers a compelling investment opportunity, encompassing 11,000 square feet on a 0-acre lot at 8220 Britton Avenue. The building comprises eight residential units, providing a strong foundation for consistent rental income. Adding significant value and potential for community engagement is an included community facility. Its central Elmhurst location ensures convenient access to a wide array of amenities and public transportation options, enhancing both tenant appeal and property value. The property is well-maintained and presents itself as a turnkey operation, ready for immediate income generation. This mixed-use building represents a rare chance to acquire a stable, income-producing asset in a thriving area. The property's strong cash flow potential is further enhanced by its suitability for a 1031 tax exchange, making it an even more attractive proposition for savvy investors seeking to optimize their tax strategies. The asking price is $6,850,000. This is a truly unique opportunity to acquire a high-performing asset in a desirable location. Serious inquiries only.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Elmhurst
County
Queens
State
New York
Longitude
-73.88203
Latitude
40.74318

FAQs

What type of property is this?
Commercial real estate - Eight Units, Prime Elmhurst Location
Where is this commercial real estate located?
The property is located at 8220 Britton Ave Elmhurst, NY.
What is the asking price?
The asking price for this property is $6,850,000.
More about this property
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