25-56 97th Street, E. Elmhurst, NY 11369

$5,180,000

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List Price
$5,180,000
Price Change
▼ $170,000 1781639662
Days on Market
320
MLS#
912667
Number Of Families
8
Status
ACTIVE
Lot Size
4230

Property Description

Located in the heart of East Elmhurst, this newly built 2023 multi-family property with elevator offers a rare investment opportunity with a 35-year tax abatement. The building features six 2-bedroom units, one 4-bedroom unit, and one 5-bedroom unit, appealing to a broad range of tenants and household needs. With an annual rental income of $370,800, the property provides strong income potential in a convenient Queens location near LaGuardia Airport, shops, restaurants, supermarkets, schools, and public transportation. Seller financing is available for qualified buyers.

Additional Information

Year Built
2023
Style
High Rise
School District
Queens 30
Elementary School
East Elmhurst Community School
Middle School
Is 227 Louis Armstrong
High School
William Cullen Bryant High School
Total Taxes
3396
Heating
Electric
Parking
On Street
Basement
Finished, Full
Water
Public
Sewer
Public Sewer
Taxes
$3,396

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Listing courtesy of Listing Agent: Chun H. Xie (Tony@twrealestates.com) from Listing Office: Tony & William R E Brotherhood.

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.