Property Description

3-Family !Collecting $112,800 annually now! PRIME EAST ELMHURST INVESTMENT & DEVELOPMENT OPPORTUNITY! Full-Brick 3-Family + Adjacent Large Lot | R6B Zoning | Income-Producing Property!Excellent opportunity to own a full-brick, semi-detached 3-family property with a rare adjacent oversized lot, offering strong rental income and future development potential.>>Main Building: Lot Size: Approx. 37 ?? 97 FT (3,531 SF)Building Size: Approx. 20 ?? 58 FT per floor. Currently configured as a 3-family residence with finished basement ,Three-bedroom layouts on the 1st floor, Two 2 Bed/1 bath units on second floor. Tenants pay their own electric, gas, and other utilitiesProperty is in Good condition.>>Additional Adjacent Lot: Approx. 15 ?? 220 FT=Approx. 3,186 SFRare opportunity for additional land and potential future development, subject to zoning and DOB approval.Multiple bus lines near the property with convenient access toward Main Street, FlushingApproximately 3 blocks from LaGuardia Airport; Approximately 9 minutes to Flushing; Convenient access to major transportation, shopping, dining, and neighborhood amenitiesZoning: R6B - buyers should independently verify zoning, allowable uses, FAR, development potential, and all building information with the appropriate NYC agencies.

Property Features

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