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31596556
31336345

9701 23rd Avenue, New York, NY 11369

SkyLimit Realty Group
SkyLimit Realty Group
Listed by SkyLimit Realty Group
$3,500,000
73 days on market
Updated 57 days ago

9701 23rd Avenue

Details
APN 01074-0043
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 6
Year Built 1931
Acreage 0.138
Zoning R3-1

Multifamily | 6 Units

Marketing description

Exceptional Mixed-Use Investment Opportunity in a Prime Location! Presenting a rare package deal featuring two fully income-producing properties at 97-01 23rd Ave and 97-09 23rd Ave, being sold with paying tenants in place—offering immediate cash flow from day one. 97-01 23rd Ave is a well-maintained mixed-use building spanning approximately 6,000 square feet. The property consists of 1 commercial space and six residential units of 2 bedrooms and 1 bathroom. The residential units are thoughtfully designed to attract and retain long-term tenants, while the commercial spaces provide stable business income. Additional highlights include a 5-car garage and a private driveway, adding both convenience and value. This property generates an annual income of approximately $311,376, with a net income of $224,156 after expenses of $87,220. 97-09 23rd Ave sits on a 40 x 100 lot and features private parking. The commercial space is currently occupied by a hair salon, contributing consistent rental income with potential for future growth. Offered as a package for $3,500,000, this is a turnkey investment opportunity ideal for investors seeking strong returns, tenant stability, and long-term appreciation. Don’t miss the chance to own a high-performing asset in a desirable location.
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Listing Contacts

SkyLimit Realty Group
SkyLimit Realty Group
Listed by SkyLimit Realty Group

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