4010 Forley Street Elmhurst, NY 11373

Other MLS #: 1025516 Courtesy Of NY Superior Realty

Property InformationDescription

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.

Features

  • Age: Over 50 Years Old
  • Building Units: 3
  • Cooling System: Central Air
  • Exterior Type: Brick
  • Heating System: Natural Gas
  • MLSID: 1025516
  • Parking Spaces: 2

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4010 Forley Street, Elmhurst, NY 11373
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