Presenting 81-38 Baxter Avenue, a prime mixed-use investment opportunity in Elmhurst, Queens. This fully occupied, three-story building comprises two retail spaces and five residential units, generating a robust Net Operating Income (NOI) of approximately $125,023. Situated at the bustling intersection of Baxter Avenue, Ithaca Street, and 82nd Street, the property benefits from high foot traffic and visibility. It’s located directly across from major retailers such as Target, Chipotle, and Chick-fil-A, enhancing its appeal to both residents and businesses. Additionally, the property offers excellent transit access, being just one block from the 82nd Street/Roosevelt Avenue subway station, providing swift connections to Manhattan and Flushing via the 7, E, F, M, and R lines. This property represents a solid investment with strong cash flow and significant long-term growth potential.
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