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$ 2,580,000
Est. payment | /mo
1,603 Sqft Lot
$ 2,580,000
Est. payment | /mo
1,603 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 949785
Style Colonial
Rental Info No
Year Built 1920
Annual Tax Amount $16,682
Lot Size 1,603 Sqft
Acres 0.0368
Property Sub-Type Duplex
Source onekey2
Property Description
Prime Mixed-Use Corner Property in the heart of East Elmhurst!
This well-maintained building offers an excellent investment opportunity with two residential units and two commercial storefronts.
The property sits on a corner lot with great visibility and heavy foot and vehicle traffic.
Lot size: approx. 2,040 SF
Building size: 20 x 80
Commercial Units (1st Floor):
• Front Store: Established laundromat with brand new machines installed in 2024, featuring 18 washers and 18 dryers. Stable and proven business—ideal for an owner-operator or investor seeking immediate cash flow.
• Rear Store: Barbershop with a long-term tenant and stable rent.
Residential Units (2nd Floor):
• Front Unit: 3 bedrooms, 1 bathroom
• Rear Unit: 2 bedrooms, 1 bathroom
Both apartments are well laid out and in good condition with strong rental demand.
The property is in excellent condition and offers multiple income streams, making it ideal for investors or buyers looking to operate the laundromat business while collecting rental income. High income potential – turnkey investment opportunity.
This well-maintained building offers an excellent investment opportunity with two residential units and two commercial storefronts.
The property sits on a corner lot with great visibility and heavy foot and vehicle traffic.
Lot size: approx. 2,040 SF
Building size: 20 x 80
Commercial Units (1st Floor):
• Front Store: Established laundromat with brand new machines installed in 2024, featuring 18 washers and 18 dryers. Stable and proven business—ideal for an owner-operator or investor seeking immediate cash flow.
• Rear Store: Barbershop with a long-term tenant and stable rent.
Residential Units (2nd Floor):
• Front Unit: 3 bedrooms, 1 bathroom
• Rear Unit: 2 bedrooms, 1 bathroom
Both apartments are well laid out and in good condition with strong rental demand.
The property is in excellent condition and offers multiple income streams, making it ideal for investors or buyers looking to operate the laundromat business while collecting rental income. High income potential – turnkey investment opportunity.
Location
State NY
County Queens
Rooms
Basement Unfinished
Interior
Interior Features Other
Heating Baseboard, Other
Cooling Electric
Fireplace No
Exterior
Parking Features None
Utilities Available See Remarks
Garage false
Building
Sewer Other
Water Other
Structure Type Brick
Others
Senior Community No
Special Listing Condition None
Listed by Royalux Realty LLC • Shuobo Zheng