Elmhurst Homes with Storage Space Basement

Elmhurst Homes with Storage Space Basement

Welcome to Elmhurst, a vibrant neighborhood nestled in the heart of Queens, New York! This dynamic area is known for its rich cultural diversity, making it a melting pot of flavors, traditions, and experiences. Elmhurst boasts an array of parks, bustling shopping districts, and a strong sense of community, making it an ideal place for families, young professionals, and anyone looking to enjoy the best of urban living.

One of the standout features of homes in Elmhurst is the availability of properties with spacious storage space, particularly in the form of basements. These basements provide not only ample room for storing seasonal items, sports equipment, or holiday decorations, but they also offer the potential for additional living space. Whether you envision a cozy home office, a playroom for the kids, or even a guest suite, the possibilities are endless.

Elmhurst’s homes are characterized by their unique architectural styles, ranging from charming single-family houses to modern multi-family units, all designed to meet the needs of today’s homeowners. With the bustling city life at your doorstep, you’ll find easy access to public transportation, making commuting to Manhattan and beyond a breeze.

In addition to its convenient location and spacious homes, Elmhurst is home to a variety of parks and recreational facilities, perfect for outdoor enthusiasts. The community is also dotted with delightful eateries, shops, and cultural landmarks, ensuring that there’s always something new to explore.

Discover the charm of Elmhurst, where spacious homes with basements await to provide you with the perfect blend of comfort and convenience in the heart of Queens!

Newest Elmhurst Homes with Storage Space Basement

$1,599,000
6 Beds 3 Baths 1048630 MLS
Discover a premier investment or ultimate live-with-income residence in the heart of Elmhurst, Queens. Sited on a 25x100 lot, this detached multi-family property will be delivered 100% vacant at closing, allowing you to set premium market rents from day one. The building generates a proven gross annual rental income of $102,000, representing a solid 5.07% Capitalization Rate in a completely free-market, non-rent-stabilized environment. The property underwent a high-end architectural gut renovation in 2008, fully replacing all underlying infrastructure—including modernized electrical wiring, updated plumbing networks, and rich hardwood floors. Fully separate utility meters for the first and second floors drastically minimize landlord oversight and protect operating margins. Intelligent Multi-Level Layout: The home features a main secure entryway that opens into a private interior vestibule, providing dedicated, separate locked entrances to each of the three independent apartments: First Floor: Fully renovated 2-Bedroom (easily reverted to 3-BR) featuring a large living room, eat-in kitchen with brand new appliances, full bathroom, in-unit washer/dryer, and direct access to a paved, secure, gated backyard with an oversized awning. Second Floor: Independent, sun-drenched 3-Bedroom, 1-Bathroom apartment with a spacious living area, modern eat-in kitchen with a dishwasher, and dedicated brand new laundry washer/dryer. Finished Basement: Completely finished with an expansive open loft layout, featuring a legal full bathroom and a dedicated kitchen/bar area. Complete with a private entrance and electric stove, this versatile space is perfect for an owner's suite, guest quarters, home office, or auxiliary recreation. All basement utilities are included. Location & Amenities: - Parking: Secure shared driveway protected by a permanent easement, comfortably accommodating off-street parking for multiple vehicles. - Transit: Unbeatable commuter location just two blocks from Queens Boulevard. A seamless 20-minute commute to Manhattan via the Grand Ave–Newtown M/R subway station and Q29 bus line. - Lifestyle: Moments from Queens Center Mall, Target, Best Buy, Rego Park Shopping Center, and Elmhurst Hospital. - Education: Adjacent to the prestigious P.S. 102 Bayview (holding an elite 9/10 ranking). Gross Rental Income 102,000 Vacancy Loss (5,100) -------------------------------------------- Effective Gross Income 96,900 Property Taxes (7,145) Operating Expenses (9,238) -------------------------------------------- Total Expenses (16,383) ========================= Net Operating Income 80,517

85-25 56th Avenue, 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.