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$1,599,000
6 Beds 3 Baths 1048630 MLS
Discover a premier investment or ultimate live-with-income residence in the heart of Elmhurst, Queens. Sited on a 25x100 lot, this detached multi-family property will be delivered 100% vacant at closing, allowing you to set premium market rents from day one. The building generates a proven gross annual rental income of $102,000, representing a solid 5.07% Capitalization Rate in a completely free-market, non-rent-stabilized environment. The property underwent a high-end architectural gut renovation in 2008, fully replacing all underlying infrastructure—including modernized electrical wiring, updated plumbing networks, and rich hardwood floors. Fully separate utility meters for the first and second floors drastically minimize landlord oversight and protect operating margins. Intelligent Multi-Level Layout: The home features a main secure entryway that opens into a private interior vestibule, providing dedicated, separate locked entrances to each of the three independent apartments: First Floor: Fully renovated 2-Bedroom (easily reverted to 3-BR) featuring a large living room, eat-in kitchen with brand new appliances, full bathroom, in-unit washer/dryer, and direct access to a paved, secure, gated backyard with an oversized awning. Second Floor: Independent, sun-drenched 3-Bedroom, 1-Bathroom apartment with a spacious living area, modern eat-in kitchen with a dishwasher, and dedicated brand new laundry washer/dryer. Finished Basement: Completely finished with an expansive open loft layout, featuring a legal full bathroom and a dedicated kitchen/bar area. Complete with a private entrance and electric stove, this versatile space is perfect for an owner's suite, guest quarters, home office, or auxiliary recreation. All basement utilities are included. Location & Amenities: - Parking: Secure shared driveway protected by a permanent easement, comfortably accommodating off-street parking for multiple vehicles. - Transit: Unbeatable commuter location just two blocks from Queens Boulevard. A seamless 20-minute commute to Manhattan via the Grand Ave–Newtown M/R subway station and Q29 bus line. - Lifestyle: Moments from Queens Center Mall, Target, Best Buy, Rego Park Shopping Center, and Elmhurst Hospital. - Education: Adjacent to the prestigious P.S. 102 Bayview (holding an elite 9/10 ranking). Gross Rental Income 102,000 Vacancy Loss (5,100) -------------------------------------------- Effective Gross Income 96,900 Property Taxes (7,145) Operating Expenses (9,238) -------------------------------------------- Total Expenses (16,383) ========================= Net Operating Income 80,517

85-25 56th Avenue, Elmhurst

$898,888
5 Beds 2 Baths 1044586 MLS
EXCELLENT opportunity for a TURN-KEY 2 Family home! This European Stucco 2 family home with first level ductless slim system, private driveway and basement with full size windows and separate entrance is ready for its new owner. Large front yard for gardening and entertaining. Located on a quiet residential street in Maspeth with NO alternate side of the street parking. Close proximity to Maurice Park which offers pickle ball, tennis, soccer and basketball courts. Moments from Grand Ave and all the convenient services, shopping and restaurants it has to offer. Just over a mile to the M, R and newly proposed IBX train stations. Quick access to the Q18 (7 train & LIRR), Q38 (Astoria), Q39 (Rego Park), Q58 (Ridgewood), Q59 (Williamsburg), B57(Redhook) & Q67 (Queensboro Plaza) bus lines. Close to both the LIE and BQE. Home will be delivered vacant on title! Huge Upside potential- Contact your architect to confirm possible significant expansion on this R4-1 zoned 25x105 ft lot. All information is approximate and must be confirmed by buyer and/or buyers representatives.

6151 56th Avenue, Maspeth

$1,274,900
3 Beds 2 Baths 1034253 MLS
Large Detached Brick House on Quiet Tree-Lined Street Located on a quiet, tree-lined street near the highest point in the area, this move-in ready detached home with a detached garage is in great condition. With Juniper Valley Park so close, seller thinks of it as their 128- acre back yard. WELL MAINTAINED OVER TIME, WITH A LONG LIST OF UPDATES Inside: Upgraded floors on all 4 levels, finished basement, recessed lighting and ceiling fans, custom closets. Outside: Installed pavered backyard with outdoor lighting and power, quality metalwork, repointed brickwork, replaced roofs. Equipment & Systems: Replaced boiler, hot water heater, chimney liner, dishwasher. FOUR FULL LEVELS OF FINISHED SPACE Features four full levels of finished space including a finished basement and finished attic. Main Level: Features a large living room, formal dining room, eat-in kitchen, and full bath. Upper Level: Offers a large primary bedroom with space for a king-sized bed and sitting area, another large bedroom, a junior bedroom, and a full bath. Finished Attic: Provides versatile bonus space with ample built-in closet storage. Lower Level: Features a large finished basement with laundry, storage, and utility areas. OUTDOOR & PARKING Private driveway, detached garage, and low-maintenance, pavered backyard equipped with outdoor power and lighting. PRIME LOCATION & TRANSIT Park & School: Juniper Valley Park is just 1 street over, with PS 49 located a short distance further. Transit: Conveniently located 1 street from local buses Q29 and Q38. Multiple Manhattan Express lines nearby (QM15, BM5, QM24, QM25, QM35). NOTES Photos are virtually decluttered while aiming to maintain an accurate representation of the space. Square footage is based on a professional bank-ordered appraisal. Legally classified as a 2-family, currently functioning and outfitted as a single-family home.

63-28 82nd Place, Middle Village

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.