Waterfront MultiFamily Property at 29-10 Butler Street
$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
Log in to see street view
Get exclusive comps and insights by logging in - it's free!
East Elmhurst MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale
No investors found in this market.