8220 Britton AveElmhurst, NY 11373

For Sale
$6,850,000

Eight Units, Prime Elmhurst Location

Overview

Added:
Feb 3
Days on market:
40
This exceptional Elmhurst, NY property offers a compelling investment opportunity, encompassing 11,000 square feet on a 0-acre lot at 8220 Britton Avenue. The building comprises eight residential units, providing a strong foundation for consistent rental income. Adding significant value and potential for community engagement is an included community facility. Its central Elmhurst location ensures convenient access to a wide array of amenities and public transportation options, enhancing both tenant appeal and property value. The property is well-maintained and presents itself as a turnkey operation, ready for immediate income generation. This mixed-use building represents a rare chance to acquire a stable, income-producing asset in a thriving area. The property's strong cash flow potential is further enhanced by its suitability for a 1031 tax exchange, making it an even more attractive proposition for savvy investors seeking to optimize their tax strategies. The asking price is $6,850,000. This is a truly unique opportunity to acquire a high-performing asset in a desirable location. Serious inquiries only.

Property Details for 8220 Britton Ave

Property type
Other commercial real estate
Square Feet
11,000 SF
Year Built
2008

Location Insight

City
Elmhurst
County
Queens
State
New York
Latitude
40.74318
Longitude
-73.88203
8220 Britton Ave, Elmhurst, New York

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8220 Britton Ave
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