102-06 27th Avenue, E. Elmhurst, NY 11369

$849,000
5
BD
4
BA

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List Price
$849,000
Days on Market
52
MLS#
1011227
Status
ACTIVE
Bedrooms
5
Bathrooms
4
Lot Size
6000

Property Description

Rare opportunity to acquire a 4-family rent-stabilized corner property in the heart of East Elmhurst. The building consists of four apartments that have been registered with DHCR and features a desirable unit mix of one 2-bedroom apartment, two 1-bedroom apartments, and a legal 1-bedroom basement apartment. Two units are currently occupied, and two units will be vacant at closing, providing immediate occupancy and future income potential subject to applicable rent stabilization regulations. Situated on a residential block near shopping, restaurants, schools, public transportation, LaGuardia Airport, major highways, and neighborhood amenities, this property presents a unique opportunity to own a multifamily asset in one of Queens' most sought-after neighborhoods. Property is being sold as-is. Buyers are encouraged to conduct their own due diligence regarding rent stabilization status, legal rents, and future rental increases.

Additional Information

Year Built
1920
School District
Queens 30
Elementary School
Ps 127 Aerospace Science Magnet
Middle School
Is 227 Louis Armstrong
High School
Newcomers High School
Taxes Total
12337
Heating
Baseboard, Natural Gas
Parking
Detached, Private
Parking Spaces
4
Basement
Finished, Full
Water
Public
Sewer
Public Sewer
Taxes
$12,337

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Alejandra J. Fermin CBR (alejandrafermin@gmail.com) from Listing Office: Empire Fine Homes.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.