![[Elmhurst Real Estate, listing number 7336386]](https://www.vlshomes.com/images/full/7336386a.jpg)
| Description: 7336386 | |
| Prime mixed-use investment opportunity located on a busy stretch of 43rd Avenue in the heart of Elmhurst, surrounded by established retail, residential density, and strong foot traffic. This brick building features a ground-floor restaurant space with excellent street presence, plus two residential units above, offering multiple income streams and upside potential. The commercial unit can generate approximately $8,400/month, while the second-floor 2-bedroom and third-floor 3-bedroom units offer projected rents ranging from $2,300â??$4,000 and $3,500â??$5,000 respectively, depending on level of renovation. Solid structure, classic brick, and windowed residential floors provide strong fundamentals for both long-term hold or value-add strategies. Ideal for investors seeking stable income in one of Queensâ?? most active rental markets, with close proximity to major transportation, restaurants, and neighborhood amenities. | |
Details: |
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| Families: | 3 | |
| Property Type: | Commercial | |
| Acres: | 0.04 | |
| Built: | 1931 | |
Financials: |
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| Price: | $1,288,000 | |
| Taxes: | $34,466 | |
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