3218-3222 105th Street, East Elmhurst, NY 11369

2 Photos
 
$2,600,000 List Price
Off Market
 
Listing ID 10931523
Property Type Multi-Unit (5+)
County Queens
Township Flushing
Neighborhood Flushing
Total Tax $11,679
Tax ID 1699 / 15,17
FEMA Flood Map fema.gov/portal
Virtual Tour

Package of Two Three-Family Walk-Up Investment Properties

Buildings Available Separately or As a Package. Cushman & Wakefield has been exclusively retained to arrange for the sale of 3218-3222 105th Street in East Elmhurst, Queens. The subject properties are (2) three-unit multi-family buildings. 3218 105th Street is fully-occupied and 3222 105th Street has one vacancy. All tenants are month-to-month allowing for huge upside potential The properties are ideally located just a block from both Northern Blvd. and Astoria Blvd., two of the busiest thoroughfares in Queens. The properties are located within a short walk to the 103rd St. 7 subway station, several bus lines and only two miles away from LGA airport. LaGuardia Airport is currently in the process of an $8 billion revitalization which will include a 2.7 million square foot buildout with six new concourses and 72 gates, along with more mass transit connections and a 'world class' main entrance. Nearby credit tenants include Enterprice Rent-A-Car, Marriott, Holiday Inn, CVS, Auto Zone Auto Parts, etc. Both properties offer exisitng cash flow with potential upside in rents, an ideal opportunity for an investor or user. Please inquire with Exclusive Brokers for further information and tour requests.
Property Details
  • 6410 SF
  • 5250 SF Lot
Unit Information
Unit #1 – Gross Area: 6410, Net Leasable Area: 6410
Exterior Features
  • Vinyl Siding
  • Stucco Siding
Community Details
  • Low-rise (Bldg. Style)
Commercial Info
  • 2 Parking Spaces
Income/Expenses
  • Gross Income $156,000
  • Net Income $117,779
  • Operating Exp $38,221
Taxes and Fees
  • $11,679 Total Tax
Previously Listed By
Stephen Preuss
CUSHMAN & WAKEFIELD REALTY OF QUEENS LLC
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