4220-4222 82nd St - Apartments FOR SALE


Elmhurst, NY 11373
$2,999,999 USD
929-346-4443
4220-4222 82nd St, Elmhurst, NY for Sale
$2,999,999 USD
Apartments - FOR SALE
1/31
null | 5.28% Cap Rate

4220-4222 82nd St
Elmhurst, NY 11373


HIGHLIGHTS

  • 10 Two Bedroom Units and 2 One Bedroom Units
  • Directly Across from Clement Clarke Moore Park
  • Over 10,000 SF of Available Air Rights for Additional Development
  • 100% Occupancy
  • Rear Yard and Recently Re-painted Fire Escapes
  • IP Video Surveillance Cameras

OVERVIEW

Located in a prime residential area in the heart of Elmhurst, this pair of adjoining Rent Stabilized Multi-Family buildings have been lovingly maintained by the same family for over fifty years. All but three of the twelve apartments have been fully renovated with high quality materials. The property is just a 3 minute walk to the Elmhurst Ave. M and R subway stop, allowing for a quick commute into Manhattan

FOR SALE DETAILS

PRICE

$2,999,999 USD

PRICE/SF

$276 USD /SF

# OF UNITS

12

PRICE/UNIT

$250,000

CAP RATE

5.28%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1928

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,483 SF

ZONING

7A

APN/PARCEL ID

01527-0041

ASK ABOUT THIS PROPERTY

Michael EllisModern SpacesMore Info
929-346-4443

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Michael EllisModern SpacesMore Info
929-346-4443

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