7617 47th Avenue, Elmhurst, NY 11373

No Photos
$4,400,000 List Price
Off Market
 
Listing ID 11002023
Property Type Multi-Unit (5+)
County Queens
Township Queens
Neighborhood Elmhurst
Tax ID 1531/62 and 63
FEMA Flood Map fema.gov/portal
Year Built 1979
Virtual Tour
76-17 and 76-19 47th Avenue in the Elmhurst section of Queens. The asset consists of 16 box-style residential units - (6) studio units, (8) 1-bedroom units and (2) 2-bedroom units. The properties are located near the Elmhurst Avenue subway stop with the E, F, M, R and 7 trains. The properties were built in 1979 and benefit from Free Market status since the 421a tax abatement has already burned off.
Property Details
  • 18 Full Baths
  • 10560 SF
  • 5700 SF Lot
  • Built in 1979
  • 3 Stories
  • Available 6/21/2021
  • Full Basement
  • Lower Level: Finished
Unit Information
Interior Features
  • Ceramic Tile Flooring
  • Fire Sprinklers
  • Baseboard
  • Gas Fuel
Exterior Features
  • Masonry - Concrete Block Construction
  • Brick Siding
  • Rubber Roof
  • Municipal Water
  • Street View
  • Near Bus
  • Near Train
Community Details
  • Mid-rise (Bldg. Style)
Commercial Info
  • 7 Parking Spaces
  • 5% Cap. Rate
Income/Expenses
  • Gross Income $344,460
  • Net Income $204,537
  • Total Exp $139,923
  • Paid by Landlord: Heat, Gas, Water, Cleaning, Insurance, Ord. Maint., Struct. Maint., Ground Maint.
Previously Listed By
Anand Melwani
ARM REAL ESTATE GROUP LLC
Office: 212-464-8815
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