Multi Family
9701 23rd Avenue
Active · Queens, NY 11369
- Year built
- 1931
- Est. monthly taxes
- $2,776.68
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About this home
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.
Listing snapshot
- Days on site
- 59 days
- Listed on MLS
- Mar 25, 2026
- Annual property tax (MLS)
- $33,320.12
- Tax year
- 2025
- Listing brokerage
- SkyLimit Realty Group
- MLS ID
- KEY976449
- Last updated
- Apr 9, 2026
General features
- Property type
- Multi Family
- Year built
- 1931
- Parking
- None
- Water source
- Public
- Sewer
- Public Sewer
- Utilities
- Electricity Available, Natural Gas Available, Water Available
Interior features
- Heating
- Hot Water
- Cooling
- Varies by Unit
Exterior features
- Construction materials
- Brick
Recent activity
- First seen on this site
- Listing updated from MLS
- MLS status changed
Location
Listing data is supplied by the MLS and may change without notice.
