1949A 80th St - Apartments FOR SALE


East Elmhurst, NY 11370
$1,300,000 USD
646-530-3224
1949A 80th St, East Elmhurst, NY for Sale
$1,300,000 USD
Apartments - FOR SALE
1/11
null | 4.77% Cap Rate

1949A 80th St
East Elmhurst, NY 11370


HIGHLIGHTS

  • Includes 4 parking spaces
  • Fully Occupied
  • Easy Maintenance

OVERVIEW

Exclusive Offering – Prime Multifamily Investment in East Elmhurst We are proud to present 19-49 80th Street, East Elmhurst, NY 11370 – an outstanding investment opportunity exclusively available through our office.This well-maintained multifamily building is ideally situated between 21st Avenue and 20th Avenue, just one block west of 81st Street. Residents enjoy exceptional connectivity, with the Grand Central Parkway, Long Island Expressway, and Brooklyn-Queens Expressway all moments away. LaGuardia Airport is within walking distance, enhancing rental appeal for both long-term tenants and short-term housing needs. Currently producing over $60,000 in net annual income, this property offers strong immediate returns with impressive future upside. Its strategic location and consistent tenant demand make it a highly attractive addition to any investment portfolio. Offered at $1,300,000, this asset represents a rare chance to acquire a stable, income-generating property in one of Queens’ most convenient neighborhoods. Contact us today for additional information or to arrange your private showing.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$532 USD /SF

# OF UNITS

6

PRICE/UNIT

$216,667

CAP RATE

4.77%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,717 SF

ZONING

R4

APN/PARCEL ID

00949-0067

ASK ABOUT THIS PROPERTY

Minas StyponiasModern SpacesMore Info
646-530-3224

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Minas StyponiasModern SpacesMore Info
646-530-3224

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.