4042 82Nd StElmhurst, NY 11373

For Sale
$3,380,000

Prime location, high-return potential. Three-story building.

Overview

Added:
Feb 3
Days on market:
39
This exceptional mixed-use property, located at 4042 82nd Street in Elmhurst, NY, presents a lucrative investment opportunity. Situated on a 0.05-acre lot, this three-story building offers a diverse range of income-generating spaces. The ground floor comprises a retail store, ideal for a variety of businesses given its convenient location. The second and third floors each feature a spacious two-bedroom, one-bathroom apartment, combined with dedicated office space. This unique configuration allows for multiple income streams, catering to both commercial and residential tenants. The building's proximity to the 7 train at the 82nd Street station ensures excellent accessibility and high visibility for the retail space, attracting a substantial customer base. The residential units provide stable rental income, further enhancing the property's overall return on investment. This property is well-suited for an investor seeking a diversified portfolio with strong potential for appreciation and consistent cash flow. The combination of commercial and residential spaces makes this a truly unique and attractive investment opportunity in a thriving neighborhood. The building's solid construction and prime location make it a highly desirable asset in the Elmhurst market. Serious inquiries only.

Property Details for 4042 82Nd St

Property type
Mixed-use properties, Other mixed-use properties
Year Built
1931
Lot Size (sq. ft)
2,178 SF

Location Insight

City
Elmhurst
County
Queens
State
New York
Latitude
40.74639
Longitude
-73.88394
4042 82Nd St, Elmhurst, New York

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4042 82Nd St
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