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Waterfront MultiFamily Property at 29-10 Butler Street

Waterfront MultiFamily Property at 29-10 Butler Street
FOR SALE
View more

$1,500,000

29-10 Butler Street, East Elmhurst, NY 11369

3,270 SF

Square Feet

$459

PPSF

3

Units

500.0K

PPU

Property Description

Units

3 — PPU: 500.0K

Waterview Advisory Group welcomes you to view 29-10 Butler Street, a beautifully maintained three-family home in the heart of East Elmhurst, offering exceptional versatility for homeowners, investors, or multigenerational living.


This spacious property features well-appointed apartments with over 3200+ sq ft of living space each floor offering comfortable living areas with separate dining and living rooms, generous bedrooms, and abundance of natural light.


Lot Size: 40x100


Building Size: 24x44


Electric Meters: 4


Gas Meters: 3


The property also includes a finished basement, detached garage for additional storage, along with a private backyard that's perfect for entertaining, gardening, or simply relaxing outdoors. A private driveway is long enough to fit four cars.—an increasingly valuable feature in Queens. The top floor has unobstructed views of Flushing Bay Promenade.

Ideally situated on a quiet residential street, the convenient location is minutes from shopping, restaurants, parks, schools, Grand Central Parkway, and public transportation (Q23/Q90), making commuting to Manhattan, LaGuardia Airport, and surrounding neighborhoods quick and convenient.


Whether you're looking to live in one unit while generating rental income from the other or accommodate extended family, this home provides the flexibility to fit your needs. Don't miss this outstanding opportunity to own a versatile income-producing property in one of Queens' most desirable and well-connected neighborhoods.


Property Details

Asset Type

MultiFamily

Year Built

1925

Lot Size

4,000 SF

Neighborhood

East Elmhurst

Submarket

East Elmhurst

ZIP

11369

Listing Type

sale

Net Operating Income (NOI)

$0

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)

-$85,329

Cash-on-Cash Return

-22.75%

Monthly Debt Service

$7,111

Annual Debt Service

$85,329

View on Map

Address

29-10 Butler Street

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East Elmhurst MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale

No investors found in this market.

Contact the Listing Team

Jules Garcia
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Jules Garcia

Founder | Team Lead

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Nikita Idiri

Nikita Idiri

Licensed Associate Broker

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Jules Garcia
Verified Badge

Jules Garcia

Founder | Team Lead

9 closed

Call
William Yau

William Yau

Licensed Associate Real Estate Broker

3 closed

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Nikita Idiri

Nikita Idiri

Licensed Associate Broker

3 closed

Call