5725 Van Horn St - Apartments FOR SALE
Elmhurst, NY 11373 |
$4,250,000 USD
516-393-2300
5725 Van Horn St
Elmhurst, NY 11373
HIGHLIGHTS
- For Sale: Day Care Center and Apartment Building in Elmhurst, NY
- Apartment Building is 6 Stories Tall with Elevator Access
- Apartment Building is 100% Electric - Everyone has Their Own Meter
- Apartments are Free Market - No Rent Controls or Stabilization
- Day Care Center was Just Given a 12-Month Lease Extension
- Located Within Walking Distance to the Woodhaven Blvd Subway Station
OVERVIEW
American Investment Properties is retained to sell the property located at 5725 Van Horn St & 86-02 57th Ave in Elmhurst, NY. At this location is a day care center and a 20-unit apartment building. The apartment building is 100% electric and has elevator access. This property is located close to other schools, the Queens Center shopping center, and many other residential spaces.
FOR SALE DETAILS
PRICE
$4,250,000 USD
PRICE/SF
$257 USD /SF
# OF UNITS
21
PRICE/UNIT
$202,381
CAP RATE
6.16%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Elmhurst Mix-Use Building For Sale
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
ADD'L SUBTYPES
Storefront Retail/Residential
TOTAL BUILDING SIZE
-
STORIES
6
YEAR BUILT
1988
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.11 AC
LAND SF
5,000 SF
ZONING
R5
APN/PARCEL ID
02870-0001
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516-393-2300
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516-393-2300
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