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56-07 Junction Boulevard

New York NY 11373

Duplex
Currently for sale - view listing

Overview

Rarely available mixed-use gem in the heart of Elmhurst, offering a ground-floor Deli storefront and two oversized residential units above. This well-maintained 3-story property features building dimensions of 23x48 on a 25x100 lot, providing generous interior space. Both the second and third floors are configured as spacious 3-bedroom, 2-bathroom apartments, each featuring a full kitchen, dining area, and living room. The property also includes a high-ceiling basement with a convenient separate entrance. Delivered entirely vacant. Ideally situated on a major commercial thoroughfare, it is just minutes away from the E, M, R, F,subway lines, Queens Center Mall, and premier supermarkets. Zoned R5, R6A, and C1-2 with exceptionally low annual taxes of only $7,146 . Currently operating at a 6% CAP with a clear trajectory to 7%+.

Features

Duplex

Happy sellers in New York

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Local market activity for duplexes in New York

In the last 12 months, 33 duplexes similar to 56-07 Junction Boulevard, have been sold.

This represents a 4% increase in duplexes sales when compared to the previous 12 months.

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