Buy with Yoreevo
$3,438,750
List Price: $3,500,000
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9701 23rd Avenue
House in East Elmhurst •  building info
studio • 6,000ft² $583 per ft²
Buy with Yoreevo

$3,438,750

List Price

$3,500,000

Key Details
Listed today
Last price change
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Estimated payment
$21,663/mo
Taxes
$2,777/mo
Maintenance
N/A
Description
Exceptional Mixed-Use Investment Opportunity in a Prime Location! Presenting a rare package deal featuring two fully income-producing properties at 97-01 23rd Ave and 97-09 23rd Ave, being sold with paying tenants in place—offering immediate cash flow from day one. 97-01 23rd Ave is a well-maintained mixed-use building spanning approximately 6,000 square feet. The property consists of 1 commercial space and six residential units of 2 bedrooms and 1 bathroom. The residential units are thoughtfully designed to attract and retain long-term tenants, while the commercial spaces provide stable business income. Additional highlights include a 5-car garage and a private driveway, adding both convenience and value. This property generates an annual income of approximately $311,376, with a net income of $224,156 after expenses of $87,220. 97-09 23rd Ave sits on a 40 x 100 lot and features private parking. The commercial space is currently occupied by a hair salon, contributing consistent rental income with potential for future growth. Offered as a package for $3,500,000, this is a turnkey investment opportunity ideal for investors seeking strong returns, tenant stability, and long-term appreciation. Don't miss the chance to own a high-performing asset in a desirable location.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$3,500,000
Asking Price: $3,500,000
Term
30 Years
Down Payment
$350,000 (10%)
Min: 10% (350,000)
Rate
6.0 %
Mortgage Amount
$3,150,000
Mortgage Payment
$18,886
Taxes
$2,777
Estimated Yoreevo rebate
$61,250
Estimated closing cost
$135,000
Total monthly cost $21,663
Buy your dream home with us and get an estimated $61,250 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of SkyLimit Realty Group

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