9509 57Th AveElmhurst, NY 11373

This exceptional mixed-use property, situated on a 0.04-acre lot (20x82.9 feet) in Elmhurst, NY, presents a lucrative investment opportunity. The 1,510-square-foot building, constructed in 1993 and fully renovated, boasts new plumbing, electrical, and a 2-year-old gas system. Currently, the first floor generates a substantial monthly income of $10,000 from a restaurant tenant. The property's R6A and C1-2 zoning allows for a significant buildable area of 5,016 square feet, offering considerable future development potential. Its prime location in a bustling Elmhurst neighborhood provides easy access to public transportation, schools, a library, banks, and supermarkets, with the Queens Mall just a 5-minute walk away. This brick building represents a rare chance to acquire a high-performing, mixed-use asset in a highly desirable area with strong rental income and significant upside potential. The property's recent renovations ensure minimal maintenance needs, maximizing return on investment. This is a must-see for discerning investors seeking a strong, established income stream with future expansion possibilities. The property is priced at $1,998,000.