$3,500,000
9701 23rd Avenue
East Elmhurst, NY 11369
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Beds
—
Baths
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Square feet
1931
Built
Listing narrative
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.
Property Details
Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.
Price
$3,500,000
Beds
Beds n/a
Type
Multi-Family
Home Size
Sqft n/a
Baths
Baths n/a
Lot Size
0.14 acres
Year
1931
Status
For Sale
Days on Market
205
Verified property data
Value, tax & last recorded sale
Estimated home value
Not available
Automated valuation estimate, not an appraisal. Value and range come from the connected property-data provider.
Public records are available on the full property page.
No record values are inferred or fabricated.
Full MLS property history
Confirmed unavailable from Atlas — listing-feed integration required for listing, relisting, price-change, status, pending, sold, withdrawn and expired events.
Courtesy of SkyLimit Realty Group





