86-20 57th Road

Excellent investment opportunity in the heart of Elmhurst, Queens. This well-located 5-unit multifamily property offers approximately 3,630 SF of building area with a strong unit mix and significant income upside.The property consists of a studio and one-bedroom apartment on the first floor, a spacious four-bedroom/two-bathroom apartment occupying the entire second floor, and two one-bedroom/one-bathroom apartments on the third floor.The property currently generates approximately $11,568 per month / $138,816 annually in scheduled rental income. Additional features include a private garage and driveway, rear yard, and multiple balconies.Conveniently located near Queens Boulevard, shopping, restaurants, transportation, and the M/R subway lines at Woodhaven Boulevard.Offered at $1,789,000, this is an excellent opportunity for investors seeking an income-producing multifamily asset with additional rental upside in one of Queens' most convenient locations.Do not disturb tenants. Showings by confirmed appointment only.