30-62 79th Street

Unique R4 zoned mixed use building in East Elmhurst. 30-62 79th Street features two medical/dental office spaces, and a top floor 3 bedroom apartment with private balcony. The first floor dental office is turnkey and operational, with updated bathroom. The second floor office is vacant, raw space and can be used for medical/dental space or it can converted for residential use. The apartment on the 3rd floor has hardwood floors, 3 bedrooms, including an updated Master en suite and updated second bathroom. Off the ample living area there is a private balcony with unrestricted views into East Elmhurst and Jackson Heights. Laundry and half bath in the basement.

This property was built in 1983 has 4 parking spaces and has been very well kept. The roof was replaced in 2016 and is maintained every year. The plumbing has been replaced throughout and the mechanicals are updated and in good working order. Total building square footage is 5,088, with each individual floor grossing 1696 square feet. Building dimensions are 50 × 53, and the lot dimension is 86 × 70 for a total lot square footage of 6,028. Building will be delivered vacant on title. Projected cap rate 5%.