Rarely available mixed-use gem in the heart of Elmhurst, offering a ground-floor Deli storefront and two oversized residential units above. This well-maintained 3-story property features building dimensions of 23x48 on a 25x100 lot, providing generous interior space. Both the second and third floors are configured as spacious 3-bedroom, 2-bathroom apartments, each featuring a full kitchen, dining area, and living room. The property also includes a high-ceiling basement with a convenient separate entrance. Delivered entirely vacant. Ideally situated on a major commercial thoroughfare, it is just minutes away from the E, M, R, F,subway lines, Queens Center Mall, and premier supermarkets. Zoned R5, R6A, and C1-2 with exceptionally low annual taxes of only $7,146 . Currently operating at a 6% CAP with a clear trajectory to 7%+.
Estimated Payment
$ 15,543.75 per month $14,133.04 Principal & Interest $595.50 Property Tax $815.21 Homeowner's InsuranceListing By
Agency Name: New Group Realty Inc
Agency Contact: 718-255-9100
Shown By
Agent Name: Linda Kyan
Agent Phone: (212) 518-3080
Agency Title: Coldwell Banker American Homes
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5607 Junction Boulevard | MLS# 999917
This multi-family property located at 5607 Junction Boulevard, Elmhurst, NY 11373 is currently listed for sale with an asking price of $2,795,000. Junction Boulevard is located within the Queens24 school district. Search Elmhurst real estate on lindakyan.cbamhomes.com today.