18-11 Ctr St Queens, NY 11385

This meticulously maintained three-story apartment building at 18-11 Centre Street in Queens, New York, presents a compelling investment opportunity. Built in 1931, the property boasts 6,480 square feet on a 0.08-acre lot, situated on a quiet, tree-lined street. The building comprises six apartments, each featuring three bedrooms. The dimensions of the building are 27 feet by 80 feet. A substantial full basement offers significant untapped potential for expansion or additional income streams. Its ideal location places it just one block from the vibrant Myrtle Avenue, providing easy access to a variety of amenities and businesses. The Seneca Subway Station and bus routes are also within minutes, ensuring convenient transportation for residents. The asking price for this property is $1,279,000. This multifamily property, categorized as both retail and multifamily, represents a strong investment in a rapidly developing neighborhood, poised for continued growth and appreciation. The property's classic design and prime location make it an attractive option for both seasoned investors and those seeking a stable, income-generating asset in a thriving area. The building's excellent condition and potential for future development further enhance its appeal.