Elmhurst Homes with Driveway Parking

Elmhurst Homes with Driveway Parking

Elmhurst, located in Queens, New York, is a vibrant and diverse city with a lot to offer its residents. Known for its tree-lined streets, beautiful parks, and excellent schools, Elmhurst is a popular choice for families and young professionals alike.

One of the appealing features of homes in Elmhurst is the availability of driveway parking. This added convenience allows homeowners to have a designated parking spot right on their property, eliminating the hassle of searching for street parking.

Whether you're looking for a cozy single-family home or a spacious townhouse, Elmhurst has a variety of real estate options to choose from. With easy access to public transportation, shopping centers, and restaurants, living in Elmhurst offers the perfect blend of suburban charm and urban convenience.

If you're considering making a move to Elmhurst, now is a great time to explore the real estate market and find your dream home with driveway parking included.

Newest Elmhurst Homes with Driveway Parking

$1,789,000
1046355 MLS
Excellent investment opportunity in Elmhurst, Queens. This 5-unit multifamily property offers approximately 3,630 SF of building area on a 2,200 SF lot and features a highly desirable unit mix with strong income and additional upside potential. The property consists of a front studio and rear one-bedroom apartment on the first floor, one spacious four-bedroom/two-bathroom apartment occupying the second floor, and two one-bedroom/one-bathroom apartments on the third floor. Current monthly rental income totals approximately $11,568, representing approximately $138,816 in annual scheduled rental income. Based on projected market rents, the property offers meaningful potential for future income growth. Current rents are: Studio $1,620/month; 1BR $2,150/month; 4BR/2BA $3,898/month; 1BR/1BA $2,300/month; and 1BR/1BA $1,600/month. Additional property features include a private garage and driveway, rear yard, and multiple balconies. The second-floor apartment features front and rear balconies, while the third-floor apartments have access to front and rear balconies respectively. Convenient Elmhurst location with excellent access to transportation, shopping, restaurants, and major Queens thoroughfares. The property is located near the Woodhaven Boulevard/Queens Boulevard subway station with access to the M and R trains. Offered at $1,789,000, this property presents an opportunity for investors seeking an income-producing multifamily asset in a high-demand Queens location. Based on projected market rents of approximately $180,600 annually and estimated operating expenses, the property may offer a potential pro forma cap rate of approximately 7% at the asking price. Projections are provided for investment analysis purposes only and are not a representation or guarantee of future income or expenses. Property information, legal use, zoning, unit configuration, rent regulatory status, income, expenses, square footage, and all other information should be independently verified by the purchaser and purchaser's representatives. Do not disturb tenants. Showings by confirmed appointment only.

86-20 57th Road, Elmhurst

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Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . 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.