For Sale
$1,388,000

104-73 38Th AveQueens, NY 11368

Legal 3-family, excellent location, high ROI.

Overview

Added:
Dec 11, 2024
Days on market:
117
This attractive three-family brick building located at 104-73 38th Avenue in Queens, New York, presents a compelling investment opportunity. Built in 2004, the property boasts a total of 2,036 square feet and sits on a 0.03-acre lot. The building is comprised of three units, offering a strong rental income stream. Each unit features its own separate gas and electric meters and boiler, providing efficient utility management and cost control for both owner and tenants. The property includes one parking space, a valuable amenity in this area. Its convenient location offers easy access to the #7 train, enhancing its appeal to potential renters. The asking price is $1,388,000, translating to a price per square foot of $681.73. This three-story building represents a solid investment in a desirable Queens neighborhood, offering a blend of convenience, functionality, and strong rental potential. The property's solid construction and individual unit utilities contribute to its long-term value and appeal to investors seeking a stable and profitable multifamily asset. The zip code is 11368.

Property Details for 104-73 38Th Ave

Property type
Apartment buildings
Square Feet
2,036 SF
Year Built
2004
Buildings
1
Stories
3
Lot Size (sq. ft)
1,307 SF
Units
3

Location Insight

City
Queens
County
Queens
State
New York
Latitude
40.7523322
Longitude
-73.8600821
104-73 38Th Ave, Queens, New York

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104-73 38Th Ave
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