Property Description for 41-30 75th Street
Solid all-brick, four-story mixed-use property ideally located in the heart of Elmhurst, approximately a 3-minute walk from the subway station.The first floor features a medical office/clinic. Above the commercial space are four residential units, each configured with one bedroom and one full bathroom. The front unit on the third floor also includes an attic featuring three bedrooms and two bathrooms. The basement provides additional functional space currently used as a yoga studio.Built in 2005, the property offers approximately 5,294 sq. ft. of interior space and sits on a spacious 30 × 100 ft. lot. Additional features include 3 parking spaces, 6 separate heating systems, 6 separate electric meters, 6 separate gas meters, and 6 water heaters, allowing for efficient management as an income-producing property.The entire building is currently fully occupied, generating approximately $161,300.53 in annual income, with an investment return approaching 6%.Conveniently located near public transportation, shopping, restaurants, schools, and major roadways. This is an excellent opportunity for investors seeking stable rental income and multiple revenue streams in a high-demand Queens location.