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9116 43rd Ave
Elmhurst, NY 11373
Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- 100% Rented – Reliable cash flow with long-term tenant stability
- Prime Queens Location – Highly desirable, transit-accessible areas
- Well-Maintained young building – Strong rental history and no vacancies
- Diverse Unit Mix – Ideal balance of 1 and 2 bedroom apartments
- Tax Abatement in Place – Significant savings and enhanced ROI
EXECUTIVE SUMMARY
An exceptional investment opportunity—this multi-family mixed-use building is strategically located in well-established Queens neighborhood, offering 7 fully occupied apartments and 1 commercial unit, all with separate gas meters, electric meters and heating units.
This rare, turn-key property presents a high-yield investment with immediate income and long-term upside in one of NYC’s most in-demand rental markets. Inquire today for financials and additional details.
Offering 2% commission to buyer agent
This rare, turn-key property presents a high-yield investment with immediate income and long-term upside in one of NYC’s most in-demand rental markets. Inquire today for financials and additional details.
Offering 2% commission to buyer agent
PROPERTY FACTS
| Price Per Unit | $234,375 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 7.28% | Building Size | 6,500 SF |
| No. Units | 8 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 2002 |
| Property Subtype | Apartment | ||
| Zoning | R6B | ||
| Price Per Unit | $234,375 |
| Sale Type | Investment |
| Cap Rate | 7.28% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.06 AC |
| Building Size | 6,500 SF |
| No. Stories | 4 |
| Year Built | 2002 |
| Zoning | R6B |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 8 | - | - |
PROPERTY TAXES
| Parcel Number | 01600-0012 | Improvements Assessment | $443,554 |
| Land Assessment | $8,912 | Total Assessment | $452,466 |
PROPERTY TAXES
Parcel Number
01600-0012
Land Assessment
$8,912
Improvements Assessment
$443,554
Total Assessment
$452,466
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