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42-20+22 82nd Street, Elmhurst, NY 11373
$2,888,000 -$462,000 (-13.79%) Price Reduced
42-20+22 82nd Street, Elmhurst, NY 11373View this property at 42-20+22 82nd Street, Elmhurst, NY 11373
42-20+22 82nd StreetElmhurstNY11373
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Property Description
Calling All Investors, Developers & End-Users!!! 100% Occupied 12 Family Building Package For Sale!!! The Buildings Feature Excellent Signage, Great Exposure, Strong R7A Zoning, High 10' Ceilings, Security System, Yard, Fenced Lot, 6 Parking Spaces, 200 Amp Power, All New LED Lighting, A/C In Every Unit, +++!!! The Property Is Located In The Heart Of Elmhurst Just Off Broadway Only Minutes From Queens Center!!! Neighbors Include Apple, TD Bank, Adidas, Costco, Target, 7-Eleven, Dunkin', Walgreens, Planet fitness, Cold Stone Creamery, Raymour & Flanigan, Mattress Firm, Macy's, Shack Shack, Dollar Tree, Liberty Tax, McDonald's, White Castle, Subway, +++!!! As Per The Seller Each Building Has An Additional 5,000 Sqft. Of Air Rights!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or Make A Nice Addition To Your Portfolio!!! Income: 42-20 82nd St.: Unit 1A: $18,581.88 Ann. Lease Exp.: 10/31/24 . Unit 1B: $20,582.76 Ann. Lease Exp.: 10/31/24. Unit 2A: $24,084.96 Ann. Lease Exp.: 10/31/25. Unit 2B: $22,520.40 Ann. Lease Exp.: 10/31/25. Unit 3A: $21,041.40 Ann. Lease Exp.: 3/31/25. Unit 3B: $21,199.20 Ann. Lease Exp.: 10/31/24. 42-22 82nd St.: Unit 1A: $11,521.32 Ann. Lease Exp.: 12/31/24. Unit 1B: $14,265.36 Ann. Lease Exp.: 10/31/25. Unit 2A: $27,121.56 Ann. Lease Exp.: 12/31/24. Unit 2B: $27,000 Ann. Unit 3A: $19,966.68 Ann. Lease Exp.: 10/31/24. Unit 3B: $25,800 Ann. Lease Exp.: 4/30/24. Total Rental Income: $253,685.52 Ann. Expenses: Heating: $29,987 Ann. Insurance: $12,713.88 Ann. Water & Sewer: $14,583.18 Ann. Taxes: $49,376.98 Ann. Total Expenses: $106,661.04 Ann. Gross Income: $253,685.52 Ann. Net Operating Income (NOI): $147,024.48 Ann. , or
Full Property Details
Full Property Details for 42-20+22 82nd St
General
- Price: $2,888,000
- Taxes: $49,377
- Status: Active
- Type: Commercial
- MLS ID: 3544942
- Updated: 5/10/2024
- Added to Site: 30 day(s) ago
Location
- County: Queens
- Township: Queens
- Cross Streets: Broadway
- Driving Directions: Broadway to 82nd Street
Structural Information
- Detached/Attached: Detached
- Stories/Levels: 3
- Stories in Building: 3
- Square Feet: 10,886
- Year Built: 1928
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 5,000
- Lot Size Source: Other
- Lot Dimensions: 25 x 100
- Zoning: R7A
Financial Considerations
- Tax Amount: $49,377
Disclosures and Reports
- Property ID: 01527-0041
- Block: 1527
- Lot Number: 4143
Listed by All Island Estates Realty Corp
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Schools
Schools serving 42-20+22 82nd St
School District:New York City Geographic District #24
Rating | Name | Grades | Distance |
---|---|---|---|
8528 Britton Ave, Elmhurst, NY 11373 | PK-5 | 0.2 mi | |
5040 Jacobus St, Elmhurst, NY 11373 | 6-8 | 0.7 mi | |
4801 90th St, Elmhurst, NY 11373 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
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School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 42-20+22 82nd St
Date
Details
Price
Change
Source
5/10/2024
Price Reduced
$2,888,000
-13.79%
MLS
4/15/2024
Listed
$3,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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42-20+22 82nd Street, Elmhurst, NY 11373 (MLS# 3544942) is a Commercial property. 42-20+22 82nd Street is currently listed for $2,888,000 and was received on April 15, 2024. Want to learn more about 42-20+22 82nd Street? Do you have questions about finding other Commercial real estate for sale in Elmhurst? You can browse all Elmhurst real estate or contact a Coldwell Banker agent to request more information.