Elmhurst Homes with Multi Family Subtype

Elmhurst Homes with Multi Family Subtype

Elmhurst, located in Queens, New York, is a vibrant and diverse neighborhood that offers a mix of urban convenience and residential charm. Known for its tree-lined streets and cultural diversity, Elmhurst is a popular choice for those looking to settle in a bustling yet welcoming community.

For those interested in real estate in Elmhurst, multi-family homes are a prevalent subtype in this area. These properties are ideal for investors or homeowners looking to generate rental income by leasing out separate units within the same building. Multi-family homes in Elmhurst often feature a range of layouts and styles, providing options for various preferences and needs.

Whether you are considering investing in a multi-family property for rental purposes or looking for a home that offers additional space for extended family members, Elmhurst's real estate market has options to suit your needs. With its convenient location, diverse community, and range of housing options, Elmhurst presents an attractive opportunity for those seeking a dynamic living experience in Queens, New York.

Newest Elmhurst Homes with Multi Family Subtype

$1,650,000
1046885 MLS
Best Location in Elmhurst this is 7 units Multi Family property offers approximately 2518 sq of Building on a 5244 Sq and above ground sq 4560/ on the 1Floor1BR/1BAx2 , 2Fl 3BR/1BAx2 3Fl 3BR/1BA x2 , Basement 1BR/BA Total GI:$126,035/ Expense $60526 , NOI:$65509 All offers Must in Writing and must be accompanied by recent proof of Funds info not Guaranteed and buyer must verify all info /Multi 7 Families in center of Elmhurst close to all subway ,trains Stores ,shops Best Location

41-26 74th ST, Elmhurst
$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
$3,750,000
1036263 MLS
Excellent investment opportunity in the heart of Elmhurst! Legal 7-family residential building located at 88-34 54th Ave, built in 2020 and well maintained. This income-producing property features approximately 5,526 SF of building area on a 25 x 100 lot, with 4 stories plus basement and separate entrances, offering a practical and efficient multi-unit layout. The property includes 7 residential units, 8 electric meters, and 7 gas meters. Each unit is equipped with modern finishes, including hardwood floors, marble countertops, individual wall-mounted heating systems, and gas stoves. Current projected full-rent gross income is approximately $20,850/month, or up to approximately $250,200/year, offering strong income potential. Low annual property tax of approximately $2,496 with tax abatement benefits. Conveniently located in central Elmhurst near supermarkets, restaurants, shopping, schools, and public transportation, with easy access to the M/R subway lines and surrounding Queens neighborhoods. A rare legal 7-family building with low taxes, strong rental potential, and prime Elmhurst location. Buyer to verify all income, expenses, taxes, leases, and property information independently.

8834 54th Avenue, Elmhurst
$1,790,000
1034921 MLS
Income producing property. Legal 5 family, brick building, attached. First Flor: 1 Studio apt in the front and 1 (1) Br apt in the back. 2nd Floor: 1 (4) Bedrooms apt with 2 Bathrooms, terraces in front and back, 3rd Floor: 1 (1) Br apt in front with a terrace and 1 (1) Br apt in the back with a terrace. Hardwood floors, upgraded kitchens and bathrooms. Gas boiler, separate hot water heater, 1 car attached garage and 1 car driveway. Full basement with access to backyard. Walking distance to public transportation, Queens Mall, access to LIE.

86-18 57th Road, Elmhurst
$3,990,000
1033484 MLS
Prime 20-Unit Investment Property in the Heart of Elmhurst - This exceptional brick building offers investors a rare combination of high-yield cap rate and stability with 18 two-bedroom apartments, 1 large studio, and 1 three-bedroom unit. A vacant two-bedroom apartment available for immediate showing. Located in desirable Elmhurst with excellent transportation access, this well-maintained property features stable, long-term tenants under professional management, providing consistent cash flow with minimal hands-on involvement. The solid brick construction, prime location, and established tenant base make this a turnkey investment opportunity perfect for both seasoned investors and those seeking to add a reliable income-producing asset to their portfolio.

4171 Denman Street, Elmhurst
$2,680,000
1010359 MLS
Legal Mix Use 1 storefront+3 Residential brick for Sale, fully rented good income in a excellent location location location, great investment property built in 2006, 1 storefront+3 Residential Apts Above, close to All Transportation, Bus Q58, N/R Trains, Supermarket, Schools.

84-38 Grand Avenue, Elmhurst
$5,800,000
1009688 MLS
Location! Location! Location! This elevated Ten Units building was completely rebuilt on 2018 in a very safe neighborhood. Prime residential area with stores and transportation surrounded. Ten units with Two 1BR Apt, Seven 2BR Apt and One Studio. Six units have 2 Bth. All rented to responsible tenants on market price and the tenants pay for their own utilities. Big windows for bright rooms. Tiled floors. Stainless appliances. Open city view. It's close to subway and bus stations. Queens Shopping Center is just around the corner. Near schools and all. Very low annual property tax. 4 parking spaces in the back. Extra long property with big uplifted and landscaped front yard. Great for living in and investment. Excellent opportunity of 1031 Tax Exchange., Additional information: Appearance:Excellent,Interior Features:Lr/Dr, Building Size:42X55

86-30 Grand Avenue, Elmhurst
$2,500,000
1008456 MLS
Calling All Investors, Developers, & End-Users!!! 100% Occupied 5 Unit Free Market Apartment Building In Flushing For Sale!!! The Property Features Excellent Signage, Great Exposure, R6B Zoning, (1) 5 Br. Apartment, (1) 3 Br. Apartment, (2) 2 Br. Apartments, (1) 1 Br. Apartment, Basement, Rear Yard, Private 2 Car Garage, Private Driveway, 6 Parking Spaces, High 8’ Ceilings, 200 Amp Power, Updated Electrical Wires & Panels, New Boiler Installed In 2023, A/C, +++!!! The Property Is Located In The Heart Of Elmhurst Right Near The Queens Center Mall!!! The Property Is Situated Between I-495 (L.I.E.), Woodhaven Blvd., & Queens Blvd.!!! Neighbors Include Citibank, Bank of America, T-Mobile, Costco, Target, Macy’s, Retro Fitness, Applebee’s Bar & Grill, The Cheesecake Factory, Shake Shack, Olive Garden, Popeye’s Louisiana Kitchen, Quest Diagnostics, Walgreens, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: LL (3 Br. Apt.): $30,000 Ann.; M-M. 1st Fl. (5 Br. Apt.): $48,000 Ann.; M-M. 2nd Fl. (Front 1 Br. Apt. ): $14,700 Ann.; M-M. 2nd Fl. (Rear 2 Br. Apt.): $29,160 Ann.; M-M. 3rd Fl. (2 Br. Apt.): $27,000 Ann.; M-M. 2 Car Garage: $2,400 Ann. 1 Car Parking: $1,800 Ann. 1 Car Parking: $1,800 Ann. 1 Car Parking: $1,200 Ann. Gross Income: $156,060. Ann. Expenses: Oil: $8,000. Ann. Electric: $2,070. Ann. (Hallway & Boiler Only) Water & Sewer: $2,543 Ann. Insurance: $3,568 Ann. Snow & Landscaping: $0 Ann. Maintenance: $2,500 Ann. Taxes: $17,746 Ann. Total Expenses: $36,427 Ann. Net Operating Income (NOI): $119,633 Ann.

8625 59th Avenue, Elmhurst
$1,488,000
966152 MLS
MUILTI SIX FAMILIES in center of elmhurst close to all, subway, trains, stores , shops, banks , queens shopping center and any that you can name , 6 of one bedroom apartment with stable tenants with all pay ontime , must see !! contact today for your private view

4236 81st Street, Elmhurst
$1,435,000
953323 MLS
Calling All Investors, Developers, & End-Users!!! 12.78 Cap 7 Unit 4,000+ Sqft. Mixed-Use Building In Elmhurst For Sale!!! The Property Features Excellent Signage, Great Exposure, R7B/C1-3 Zoning, High 8’ Ceilings, 2 Stores, (5) 1 Br. Apartments, Basement, 6 Parking Spaces, Separate Meters, Large Rear Yard, 200 Amp Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Elmhurst 1 Block From Roosevelt Ave. & Just Minutes From Both I-278 & Queens Blvd.!!! The Property Has 20’ Of Frontage On Baxter Avenue!!! Neighbors Include Starbucks, Nissan, Mazda, TD Bank, Bolla Fuels, Shake Shack, PureGym, CVS, Dunkin, McDonald’s, Chick-fil-A, Wendy’s, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Jeweler: $58,200 Ann.; 2% Ann. Inc.; Lease Exp.: 12/1/28. Been Here 20+ Years So Far. Hair Salon: $26,400 Ann.; Lease Exp.: 2/21/27. Apt. 1R (1 Br.): $26,328 Ann. Apt. 2R (1 Br.): $23,448 Ann. Apt. 2F (1 Br.): $24,660 Ann. Apt. 3R (1 Br.): $24,720 Ann. Apt. 3F (1 Br.): $25,200 Ann. Tax Rebate (Paid By The Store): $18,500 Ann. Gross Income: $227,456 Ann. Expenses: Gas: $0 Ann. Electric: $720 Ann. Maintenance & Repairs: $250 Ann. Water & Sewer: $2,000 Ann Insurance: $3,423 Ann. Taxes: $37,676.20 Ann. Total Expenses: $44,069.20 Ann. Net Operating Income (NOI): $183,386.80 Ann. (12.78% Cap!!!)

81-38 Baxter Avenue, Elmhurst
$1,580,000
905325 MLS
Great investment opportunity in a convenient location, close to public transportation

4313 Judge Street, Elmhurst
$3,600,000
828762 MLS
This building is located in the heart of Elmhurst. The whole building has 14 one bedrooms apartments with living room and one bathroom. There are four units on each floor, four apartments on the first floor and two more in the basement. The rest have balconies. with a 100% occupancy this apartment building gives the opportunity of a profitable investment, Location is point, near to train station M, R, near to bus stop for Q29, Q59, Q60, Q53, Close to shopping center malls, park, schools, near the busy and convenient boulevards (Queens Blvd and Woodhaven Blvd) , close to restaurants and doctor's office! This fantastic investment opportunity is awaiting to be discovered!, Additional information: Rental Income:Y, Building Size:50 X 52

52-08 90th Street, 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.