- $5,500,000
94-20 Astoria Boulevard, East Elmhurst, NY 11369
About this home
Investor Opportunity in the Path of Willets Point Redevelopment
38-Unit Multifamily Asset | Strong In-Place Cash Flow | 6% Cap Rate
R6B / C1-3 Zoning - 9,000 square feet of unused FAR
- 38 rent-stabilized studio apartments
- 12 income-producing parking spaces
- 6% Cap Rate
- Approximately 9,000+ SF of unused FAR
- Detached building with operational flexibility
- Positioned to benefit from the multibillion-dollar Willets Point redevelopment
- Rare combination of current yield and future upside
Features
Key facts
Location
94-20 Astoria Boulevard
