3201 junction

3201 junction, New York, NY, 11369

$2,580,000

active

Bedrooms

Year Built

1920

Type

Multi Family

Monthly Cost

Estimate. Actual payment depends on credit, lender, taxes, and insurance.

$15,280/month estimated

Principal & interest: $13,732
Property tax: $1,423
Home insurance (est.): $125

Down payment %Interest rate %Term (years)

Down payment: $516,000 · Loan amount: $2,064,000

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.

Features

✓ Other

Property Details

Cooling: Electric
Heating: Baseboard, Other
Basement: Unfinished

Interested in this property?

Fill out the form below and an agent will get back to you.

Listed by Shuobo Zheng, Royalux Realty LLC

MLS# KEY973516646-358-2669

Listings courtesy of OneKey® MLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of Mar 19, 2026, 11:26 PM UTC (date and time MLS GRID Data was obtained). 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.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID.