
Courtesy of: Xun Lin, New Group Realty Inc, cathylinny@yahoo.com
$2,795,000
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Other
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$2,795,000
5607 Junction Blvd Rarely available mixed-use gem in the heart of Elmhurst, offering a ground-floor Deli storefront and two oversized residential units above. This well-maintained 3-story property features building dimensions of 23x48 on a 25x100 lot, providing generous interior space. Both the second and third floors are configured as spacious 3-bedroom, 2-bathroom apartments, each featuring a full kitchen, dining area, and living room. The property also includes a high-ceiling basement with a convenient separate entrance. Delivered entirely vacant. Ideally situated on a major commercial thoroughfare, it is just minutes away from the E, M, R, F, subway lines, Queens Center Mall, and premier supermarkets. Zoned R5, R6A, and C1-2 with exceptionally low annual taxes of only $7, 146 . Currently operating at a 6% CAP with a clear trajectory to 7%+.
Courtesy of: Xun Lin, New Group Realty Inc, cathylinny@yahoo.com
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