4010 Forley Street, Elmhurst, NY 11373

$1,897,000

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List Price
$1,897,000
Status
ACTIVE
MLS#
1025516
Year Built
1955
Days on Market
13
Acres
0.05
County
Queens
City Orig
Elmhurst
Lot Size
2040

Property Description

Exceptional mixed-use investment opportunity just a few blocks from bustling Roosevelt Avenue in the heart of Elmhurst. This solid brick property offers the perfect combination of flexibility, income potential, and long-term value for both owner-users and investors. The property features a first-floor medical office, a second-floor office that will be delivered vacant, and a third-floor 3-bedroom apartment that can be delivered vacant, providing exceptional flexibility for an owner-user or investor looking to occupy or lease the available spaces. The property also includes two front parking spaces, a valuable convenience for businesses, clients, and tenants alike. Surrounded by restaurants, shopping, medical offices, and everyday conveniences, this property enjoys outstanding visibility and is conveniently located near the 7 train and Q32 & Q29 bus lines, making it an ideal location for businesses, tenants, and future occupants alike. Estimated market rents: first-floor medical office $5,000/month, second-floor office $4,000/month, and third-floor apartment $3,500/month (approximately $150,000 annual gross potential). Actual Yearly Expenses: $52,872. Whether you’re looking to invest or occupy, this versatile mixed-use property offers outstanding flexibility and long-term value.

Additional Information

Heating
Hot Air, Natural Gas
Cooling
Central Air
Sewer
Public Sewer
Elementary School
Ps 89 Jose Peralta School Of Dreamers
Middle School
Is 73 Frank Sansivieri Intermediate School (The)
High School
Newtown High School
School District
Queens24
Sq Ft
2040
Taxes
$38,172
Parking
Off Street
Parking Spaces
2
Water
Public

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Listing courtesy of Listing Agent: Nora E. Avalos (nora@nysuperiorrealty.com) from Listing Office: NY Superior Realty.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.