$1,998,000 ($651.66 per sqft)

Est. Mortgage $10,500/mo *

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53-04 Seabury Street, Elmhurst, NY, 11373

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16 rooms

9 beds

7 Full baths

3,066 sqft

Price Drop. Introducing 53-04 Seabury, Elmhurst, NY 11373: A Premier Investment Opportunity in ElmhurstDiscover this unique and captivating property, formerly a convent, offering a remarkable investment opportunity. Boasting a spacious and versatile layout, the property features 9 bedrooms along with a variety of bathrooms, including 4 full and 3 half baths, spread over an impressive 3066 square feet of living space. Situated on a substantial corner plot of 44'x74' (3256 square feet), this residence distinguishes itself in its community.The property also includes a well-designed basement, brightened by large windows and equipped with a separate entrance, enhancing the charm and functionality of the estate. A long driveway leading to off-street parking flows into a charming backyard, adaptable for multiple purposes.Rich in historical value, the property incorporates a full chapel on the first floor, a testament to its past as a church-owned building. This feature, coupled with its strong Single Room Occupancy (SRO) potential, renders the property ideal for varied uses such as a city retreat, group home, or for development ventures.Zoned R5 and classified as A1 - Residential, the property boasts significant development potential. The favorable Floor Area Ratio (FAR) values, 1.25 for Residential and 2 for Facility, along with an existing FAR of .94, and an allowable usable floor area of 4069 square feet, highlight its investment allure.Viewings are available by appointment, requiring a 24-48 hour notice to ensure the privacy of the current tenants. We respectfully request that the tenants are not disturbed during this time. This extraordinary Elmhurst property is a unique and lucrative opportunity for astute investors.

Status:

Active

Type:

Single-family residential

Laundry Remarks:

In Unit

Garage:

Driveway

Heating:

Other, See Remarks

Cooling:

None

Basement:

See Remarks

Est. Taxes:

$5,232

Elementary School:

Call Listing Agent

Middle School:

Call Listing Agent

School District:

New York

Appliances:

Dishwasher, Stainless Steel Appliance(s)

MLS #:

H6307386

Community Info

School Info

Walk Score

Mass Transit

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