25-38 95 StQueens, NY 11369

This exceptional seven-unit apartment building presents a compelling investment opportunity in the desirable East Elmhurst neighborhood of Queens, New York. Located at 25-38 95th Street, this three-story, 1926-built property sits on a 2,000 square foot lot and is zoned R6B. The building boasts a mix of one- and two-bedroom units, generating a substantial net operating income (NOI) of $60,756, resulting in a 5.28% capitalization rate. The asking price is $1,150,000. This Class C multifamily property offers investors a stable and potentially lucrative income stream. Its convenient location provides excellent access to public transportation, major highways, and is close to local amenities, parks, schools, and LaGuardia Airport. The well-established neighborhood ensures strong tenant demand and long-term value appreciation. This is an ideal opportunity for investors seeking a proven performer in a high-demand area. The building's solid history and current performance metrics make it a particularly attractive investment prospect.