Adele Rosenberg
Licensed Associate Real Estate Broker, Career and Business Development Leader
REALTOR®, CBR, CRB, SRES, CHMS
(631) 499-1000
BEDS0
BATHS
MLS#973516
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Prime Mixed-Use Corner Property in the heart of East Elmhurst! This well-maintained building offers an excellent investment opportunity with two residential units and two commercial storefronts. The property sits on a corner lot with great visibility and heavy foot and vehicle traffic. Lot size: approx. 2,040 SF Building size: 20 x 80 Commercial Units (1st Floor): Front Store: Established laundromat with brand new machines installed in 2024, featuring 18 washers and 18 dryers. Stable and proven business-ideal for an owner-operator or investor seeking immediate cash flow. Rear Store: Barbershop with a long-term tenant and stable rent. Residential Units (2nd Floor): Front Unit: 3 bedrooms, 1 bathroom Rear Unit: 2 bedrooms, 1 bathroom Both apartments are well laid out and in good condition with strong rental demand. The property is in excellent condition and offers multiple income streams, making it ideal for investors or buyers looking to operate the laundromat business while collecting rental income. High income potential - turnkey investment opportunity.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: Electric
Heating: Baseboard, Other
Taxes: $17,075
Year Built: 1920
Amenities
Other
Feature Descriptions
Cap Rate: 11360
Days on Site: 8
Exterior: Brick
On Market Date: 2026-03-18
Parcel Number: 01424-0005
Parking Features: None
Rental Term: Monthly
Sewer: Public Sewer
Units: 2
Utilities: See Remarks
Water: Other
Listed By / Shown By
Listing By
Agency Name: Royalux Realty LLC
Agency Contact: 646-358-2669
Shown By
Agent Name: Adele Rosenberg
Agent Phone: (631) 499-1000
Agency Title: Howard Hanna | Coach Realtors
Estimate Your Payment
Estimated Payment
$ 13,255.41 per month $11,080.00 Principal & Interest $1,422.92 Property Tax $752.50 Homeowner's InsuranceChange Payment Information
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --
Agency License Information: https://www.coachrealtors.com New York State Real Estate Broker Principal Office License Number: 10991237973
3201 Junction | MLS# 973516
This multi-family property located at 3201 Junction, East Elmhurst, NY 11369 is currently listed for sale with an asking price of $2,580,000. Search East Elmhurst real estate on arosenberg.coachrealtors.com today.