Prime Elmhurst Location · Rare Elevator Mixed-Use Investment Property
Lot Size Approx. 25 x 100 | Building Size Approx. 11,000 SqFt | Zoning: R7B
Well-maintained mixed-use elevator building featuring 6 stories plus basement, built in 2008. Excellent investment opportunity with stable cash flow.
Property features:
6 one-bedroom, one-bath units
2 duplex two-bedroom, two-bath units
1 ground-floor commercial unit (currently occupied by health center)
The commercial space is leased to a stable long-term quality tenant. Functional layouts with strong rental demand. Each unit has separate gas meters and independent heating systems.
Located in the heart of a vibrant commercial district near Elmhurst Broadway, just steps to the M/R subway lines and multiple bus routes.
Ideal for long-term hold or owner-investor use. Rare elevator property offering strong rental income, excellent return potential, and unbeatable location.
82-20 Britton Avenue, Elmhurst, NY, 11373
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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