8220 Britton Ave Elmhurst, NY 11373
- Commercial real estate
- 11,000 SF
Current Use by Public Records
- Commercial real estate
Property Details for 8220 Britton Ave
- Year built
- 2008
- Property size
- 11,000 SF
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Elmhurst
- County
- Queens
- State
- New York
- Longitude
- -73.882
- Latitude
- 40.7432
