My Listings

$1,449,999

95-18 42 Ave
Elmhurst, NY 11373
Status: Available
MLS#: 3235362
  • Comm/Ind
  • Lot Sqft: 1800
Current owner filed for a tax grievance with the city. A yearly tax of $35k is way too high for a 5 family building. A hearing is scheduled for Oct 14th, 2020. Seller is expecting a tax reduction of $10k to $12k based on current rentals.  Cap rate of 4.49% will increase to 5.13% with a tax grievance of $10k yearly.

Interior/Utilities

Exterior/Lot

  • Parking Spaces: 2
  • Building Size: 18x46
  • Lot Sqft: 1800

Room Information

  • Baths: Full/ Half

Other Info

  • Green Features: N

Contact Realtor®

Charles Rutenberg Realty Inc
Office Website
Listing Agent
Geri Ertle
(631) 379-8157
Email Me