99th 25Th Ave East Elmhurst, NY 11369
- Mixed-use properties
- 2,297 SF
Current Use by Public Records
- Mixed-use properties
Property Details for 99th 25Th Ave
- Property size
- 2,297 SF
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property, located at the intersection of 99th Street and 25th Avenue in East Elmhurst, New York, presents a compelling investment opportunity. The fully renovated building boasts a total of 2,297 square feet and comprises three distinct residential units. The ground floor unit offers a spacious and modern layout, featuring three bedrooms, one bathroom, and an open-plan kitchen. The lower level, accessible via a separate entrance, includes two bedrooms, one bathroom, and benefits from high ceilings. The second floor is divided into a one-bedroom and a two-bedroom apartment. All units are currently in excellent condition, ensuring immediate rental income potential. Adding to the property's appeal is a convenient two-car garage, providing ample parking. Tenants are responsible for all utilities except water, minimizing the owner's operational expenses. The property's strategic location offers easy access to LaGuardia Airport, a variety of shops and restaurants, local schools, and major highways, contributing to its strong growth potential. This turnkey investment is priced at $1,499,000 and offers a rare blend of immediate income and long-term appreciation prospects in a desirable New York City neighborhood. The property's zip code is 11369.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- East Elmhurst
- County
- 36081
- State
- New York
- Longitude
- -73.8709
- Latitude
- 40.7647