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30038972
30038951

9025A & 9027 Elmhurst Avenue, New York, NY 11372

KL
NY 31LE1175078
Leatherman Homes
Listed by Leatherman Homes
$3,600,000
95 days on market
Updated 80 days ago

9025A & 9027 Elmhurst Avenue

Details
APN 01478-0032
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 5,360
Units 6
NOI $118,549
Year Built 1955
Buildings 2
Stories 3
Lot Size (SqFt) 5,477
Zoning R5
Parking Spaces 5 spaces
Parking Per SqFt 0.93
Ground Lease No

Multifamily | 6 Units

Marketing description

New to market. 90-25A & 90-27 Elmhurst Ave, Jackson Heights, NY 11372. Two semi-attached legal 3-family buildings are offered together. Six rental units with a total of 10 bedrooms and 6 full baths. Two garages. Five assigned parking spaces. Each building offers 2,680 square feet. Efficient layout. Easy management. Building layout per property: • First Floor: Spacious common lobby, boiler room access, 1 bedroom, 1 bath unit, private garage • Second Floor: 2 bedroom, 1 bath • Third Floor: 2 bedroom, 1 bath. The second-floor unit at 90-27 features a large private deck with access to the yard. Property highlights: • Gas heat • Gas hot water • Spacious lobbies that accommodate secure package delivery • Secure, fenced assigned parking • Two private garages • Side area for organized garbage storage • Rear outdoor space at 90-27 for shared use • Clean mechanical setup. Ideal configuration for investors seeking stable rental income with strong tenant appeal. Separate entrances. Functional layouts. Outdoor space. Parking. Rare combination in this location. Prime setting in Jackson Heights, one of Queens’ most established residential communities. Close to shopping, dining, parks, and daily services along Elmhurst Avenue and nearby corridors. Excellent transportation access • E, F, M, R, and 7 trains at Jackson Heights–Roosevelt Avenue/74th Street station • Multiple bus routes • Quick access to major roadways • Approx. 20 to 25 minutes to Midtown Manhattan. Strong rental demand. Desirable neighborhood. Turnkey multi-family asset with parking and outdoor space. The properties are being sold as a package and can be financed separately with a 2-4 unit mortgage. Both Properties have surveillance cameras w/NVRs installed in the 90-27 Garage. Both properties are registered with HPD. Brick Pointing was done in approx. 2018. New windows on the 1st and 3rd floors, approx. 2018.
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Listing Contacts

KL
NY 31LE1175078
Leatherman Homes
Listed by Leatherman Homes

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$118,549.00
$9,879.08/mo

Valuation Metrics

0
DSCR
3.29%
Cap Rate
3.29%
ROI

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Additional Information

Name
Kevin Leatherman
License
31LE1175078
Brokerage Phone
516-766-1400
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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