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  • 42-20+22 82nd Street Elmhurst, NY 11373
    $2,888,000
    Sq. Ft. 10886.00:#
    Misc Commercial ML# 3544942
    Calling All Investors, Developers & End-Users!!! 100% Occupied 12 Family Building Package For Sale!!! The Buildings Feature Excellent Signage, Great Exposure, Strong R7A Zoning, High 10’ Ceilings, Security System, Yard, Fenced Lot, 6 Parking Spaces, 200 Amp Power, All New LED Lighting, A/C In Every Unit, +++!!! The Property Is Located In The Heart Of Elmhurst Just Off Broadway Only Minutes From Queens Center!!! Neighbors Include Apple, TD Bank, Adidas, Costco, Target, 7-Eleven, Dunkin’, Walgreens, Planet fitness, Cold Stone Creamery, Raymour & Flanigan, Mattress Firm, Macy’s, Shack Shack, Dollar Tree, Liberty Tax, McDonald’s, White Castle, Subway, +++!!! As Per The Seller Each Building Has An Additional 5, 000 Sqft. Of Air Rights!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or Make A Nice Addition To Your Portfolio!!! Income: 42-20 82nd St.: Unit 1A: $18, 581.88 Ann. Lease Exp.: 10/31/24 . Unit 1B: $20, 582.76 Ann. Lease Exp.: 10/31/24. Unit 2A: $24, 084.96 Ann. Lease Exp.: 10/31/25. Unit 2B: $22, 520.40 Ann. Lease Exp.: 10/31/25. Unit 3A: $21, 041.40 Ann. Lease Exp.: 3/31/25. Unit 3B: $21, 199.20 Ann. Lease Exp.: 10/31/24. 42-22 82nd St.: Unit 1A: $11, 521.32 Ann. Lease Exp.: 12/31/24. Unit 1B: $14, 265.36 Ann. Lease Exp.: 10/31/25. Unit 2A: $27, 121.56 Ann. Lease Exp.: 12/31/24. Unit 2B: $27, 000 Ann. Unit 3A: $19, 966.68 Ann. Lease Exp.: 10/31/24. Unit 3B: $25, 800 Ann. Lease Exp.: 4/30/24. Total Rental Income: $253, 685.52 Ann. Expenses: Heating: $29, 987 Ann. Insurance: $12, 713.88 Ann. Water & Sewer: $14, 583.18 Ann. Taxes: $49, 376.98 Ann. Total Expenses: $106, 661.04 Ann. Gross Income: $253, 685.52 Ann. Net Operating Income (NOI): $147, 024.48 Ann. , or
    Presented By: All Island Estates Realty Corp  516-783-5600
    Call Today: or  Email: Judy Fruitbine
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OneKey™ MLS The data relating to real estate for sale on this web site comes in part from the OneKey™ MLS. Real Estate listings held by brokerage firms other than Judys Condos are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Judy Fruitbine (516) 298-5382 Judy@JudysCondos.com

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JUDY FRUITBINE

Licensed Associate Real Estate Broker

Cell: (516) 298-5382 Email: jfruitbine@aol.com