Dan Smalley
Licensed Real Estate Salesperson
REALTOR®
MLS#976449
STATUSActive
PROPERTY TYPECommercial -
Property 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 Features
Property Type: Commercial -
Cooling: Varies by Unit
Heating: Hot Water
Lot Size: 0.14 Acres
Taxes: $33,320
Year Built: 1931
Feature Descriptions
Building Area Total: 8000
Days on Site: 3
Exterior: Brick
On Market Date: 2026-03-25
Parcel Number: 01074-0043
Parking Features: None
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 6
Utilities: Electricity Available, Natural Gas Available, Water Available
Water: Public
Listed By / Shown By
Listing By
Agency Name: SkyLimit Realty Group
Agency Contact: 718-749-9501
Shown By
Agent Name: Dan Smalley
Agent Phone: Cell: (631) 469-8957
Agency Title: Coldwell Banker American Homes
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9701 23rd Avenue | MLS# 976449
This commercial property located at 9701 23rd Avenue, East Elmhurst, NY 11369 is currently listed for sale with an asking price of $3,500,000. Search East Elmhurst real estate on www.dansmalleyrealtor.com today.