Day Care Center & Apartment Building in Elmhurst, NY

Investment Highlights

• For Sale: Day Care Center and Apartment Building in Elmhurst, NY
• Apartment Building is 6 Stories Tall with Elevator Access
•  Apartment Building is 100% Electric – Everyone has Their Own Meter
• Apartments are Free Market – No Rent Controls or Stabilization
• Day Care Center was Just Given a 12-Month Lease Extension
• Located Within Walking Distance to the Woodhaven Blvd Subway Station
• Situated Just North of the Long Island Expy
• Located Close to Other Schools, the Queens Center shopping center, and Many Other Residential Spaces

Investment Summary

American Investment Properties is retained to sell the property located at 5725 Van Horn St & 86-02 57th Ave in Elmhurst, NY. At this location is a day care center and a 20-unit apartment building. The apartment building is 100% electric and has elevator access. This property is located close to other schools, the Queens Center shopping center, and many other residential spaces.

About Elmhurst, NY

Elmhurst (formerly Newtown) is a neighborhood in the borough of Queens in New York City. It is bounded by Roosevelt Avenue on the North; the Long Island Expressway on the South; Junction Boulevard on the East; and the New York Connecting Railroad on the West.

The village, originally named Middleburgh, was established in 1652 by English Puritans, approximately 7 miles (11 km) from New Amsterdam. When the British took over New Netherland in 1664, they renamed it New Town, which was eventually simplified to Newtown. It remained a rural community until the late 1890s, when it was renamed Elmhurst and became part of the City of Greater New York. Elmhurst became heavily developed with residential and commercial structures in the early 20th century, and many immigrants started moving in during the latter part of the century.

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