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$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

$13,800,000
1042515 MLS
Prime Elmhurst development opportunity with excellent Queens Boulevard frontage. Lot approximately 6,557 SF with R7X/C2-4 zoning and approximately 32,785 buildable SF. Currently operating as an established wholesale and retail business specializing in herbal medicines and dried seafood products. Excellent location with strong visibility, high traffic, and convenient access to public transportation. Ideal for investors, developers, or owner-users seeking a property with both existing commercial use and significant future development potential. Buyer to independently verify zoning, allowable uses, FAR, buildable area, and all development possibilities with the NYC Department of Buildings and applicable authorities.

78-21 Queens Boulevard, Elmhurst

$1,200,000
4 Beds 4 Baths 1035868 MLS
Welcome to this spacious Colonial-style residence located in the heart of Elmhurst, Lovely 2-Family Home with 1 Parking Spaces and Spacious Backyard Property Features?? 1st Floor: 2 Bedrooms, kitchen, Bathroom and Spacious Living Room?? 2nd Floor: 2 Bedrooms, kitchen,1 Bathroom, and finished attic?? Ground-Level finished Basement, the full walk-out basement with a separate entrance, offering tremendous versatility for a recreation room, home office, or guest area.?? Large Private Backyard ?? located near subway stations (M & R lines) and is well-served by local bus routes (Q53/Q58), making the trip to Manhattan or other parts of Queens seamless. Enjoy close proximity to the Queens Center Mall, diverse dining options, and local parks.… An excellent opportunity for owner-occupants, multi-generational living, or investors seeking a property in a convenient and highly accessible Queens location. With R5 zoning, there is also distinct potential for future expansion or customization to maximize the home's value. The first floor and the basement will be empty and will be sold with tenants from the 2nd floor.

4821 91st Street, Elmhurst

$1,299,000
1031828 MLS
Renovation or redevelopment opportunity in the heart of Elmhurst. Situated on an approximately 25' × 90' lot totaling approximately 2,252 SF within an R6B zoning district, the property includes an existing structure that has been fully gutted, offering buyers the flexibility to explore renovation, reconfiguration, alteration, or redevelopment, subject to all required approvals. A full set of proposed architectural plans is available depicting one possible four-story, eight-unit residential concept. Buyers may also evaluate alternative residential configurations, including potential one-, two-, or three-family use, based on zoning, building code requirements, existing conditions, and agency approvals. Renovating the existing structure may provide a more streamlined and potentially cost-effective alternative to complete demolition and ground-up redevelopment. Whether pursued as a value-add renovation, a customized owner-occupied residence, or a larger redevelopment project, the property offers multiple paths to create value. Located near the Grand Avenue–Newtown subway station, Queens Boulevard, shopping, dining, parks, and major roadways, the property offers convenient access throughout Queens and to Manhattan. Property is being sold as-is. Buyer is responsible for independently verifying zoning, architectural plans, buildable square footage, utilities, permitted use, and all renovation or redevelopment potential.

88-37 54th Avenue, Elmhurst

$1,599,999
10 Beds 6 Baths 1030832 MLS
Exceptional investment opportunity in the heart of Elmhurst! This legal 4-family property offers over 2,600 sq. ft. of living space on a generous 3,500+ sq. ft. lot, presenting endless potential for investors and end-users alike. This oversized building features a front 1 Bedroom unit and a rear 2 Bedrooms unit on the 1st fl, a front 3 bedrooms unit and a rear 2 Bedrooms unit on the 2nd fl, a full finished attic with 2 Rooms and a bath, a full finished basement with 2 separate entrances and bath, a private driveway, and a detached Garage. Located in one of Queens' most sought-after neighborhoods, this is your chance to own a true Elmhurst gem with strong income-producing potential. Conveniently situated within walking distance to Junction Blvd., Corona Ave., shopping, dining, public transportation, and the renowned Queens Center Mall. Opportunities like this are rare—don't miss your chance to invest in one of New York City's most desirable and rapidly appreciating neighborhoods.

9425 54th Avenue, Elmhurst

$1,499,000
7 Beds 3 Baths 1023779 MLS
Welcome to 87-14 56th Avenue, Elmhurst! Offered for the first time in over 25 years, this recently renovated, fully detached two-family home offers an exceptional opportunity in a prime location. Situated across from Queens Center Mall and close to shopping, restaurants, schools, public transportation, Queens Boulevard, and major highways, convenience is at your doorstep. Set on an approximately 2,500 sq. ft. R5-zoned lot, this property offers future potential for expansion or redevelopment (buyers are encouraged to verify all zoning and buildability with their architect and local municipality). The first floor features a formal living room, formal dining room, kitchen, three bedrooms, and a full bathroom. The second floor offers four bedrooms, a full bathroom, and a half bathroom. A full finished basement with a separate rear entrance provides additional flexible space. A private driveway adds valuable off-street parking. Perfect for owner-occupants, investors, or those seeking future development potential, this is a rare opportunity to own a centrally located Elmhurst property with endless possibilities.

8714 56th Avenue, Elmhurst

$1,288,000
4 Beds 2 Baths 1015657 MLS
Welcome to this charming detached home located on a quiet tree-lined street with R4 zoning and Four Bedrooms and two Bathrooms in the heart of Elmhurst. The first floor features a welcoming front porch, spacious living room, formal dining room, and kitchen with access to a private backyard. The second floor offers 3 bedrooms and 1 full bath, while the finished attic provides an additional bedroom. The fully finished basement includes a family room, boiler room, separate entrance, and a full bath. Private driveway and detached one-car garage. Conveniently located near shopping, restaurants, schools, parks, Elmhurst Hospital, and the 7 train with easy access to Manhattan. A wonderful opportunity to own a beautiful home in one of Queens’ most convenient neighborhoods.

4084 Denman Street, Elmhurst

$1,599,000
7 Beds 6 Baths 1011072 MLS
Rare Elmhurst Investment Opportunity! This immaculate, detached 3-family brick building (built 2005) is a dream asset for investors or owner-occupants looking for a live-and-earn setup. Spanning 2,610 sq ft, the property features a smart multi-family layout with 7 spacious BRs, 6 full BAs, plus a massive finished attic offering exceptional flexibility for storage or a home office. The spacious layout of 2 Bedroom , 2 Bathroom for each level is perfectly catered to the rental demand in the neighborhood. Maximum Cash Flow, Ultra-Low Overhead: The building benefits from incredible property tax exemptions, keeping your fixed monthly expenses remarkably low. Features 4 separate electric meters, shielding the landlord from utility bills as tenants pay their own heat and electricity. Property tax is currently only $1K annually, WOW! Unbeatable Location: Commuter's dream just blocks to the M/R subway lines for a <30 min ride into Manhattan. Steps from Queens Blvd shopping, dining, and parks. Turnkey brick construction with high rental demand and low maintenance. A perfect 1031 exchange asset! Come view your next home today!

8604 58th Avenue Unit #3 Family, 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

$789,000
2 Beds 2 Baths 1005036 MLS
A rare opportunity to grab this turnkey 940 sq ft residential condo unit in a beige color fa&#231;ade building. Wonderful floor plan layout (see diagram) with a large living room providing privacy in between two separate bedrooms on each side. The guest bathroom comes with a linen closet. There are three hallway closets of which one is a washer/dryer unit. There are plenty of natural lights through the large sized windows in the living room and two bedrooms. The owner gave the kitchen new cabinets, countertop, sink, exhaust fan, stove, refrigerator and tile floor. The bathrooms have new vanities with sink, oval shape toilet, large showerheads and mirror medicine cabinet. New flooring throughout the living room and two bedrooms. A walkout balcony for access to outside fresh air and does not face the traffic of Queens Blvd. Location, location, location! Public transportation galore, walk to shops, eateries, Queens Place and Queens Center malls.

81-15 Queens Boulevard Unit #4J, Elmhurst

$1,550,000
972492 MLS
Well-maintained legal 4-family property located in the desirable Elmhurst neighborhood, conveniently close to Queens Center Mall, major shopping areas, and I-495 (Long Island Expressway). Situated in an established residential community with strong rental demand. The property features approximately 3,528 sqft of building area with a building size of 21 &#215; 56 ft, set on a 21 &#215; 100 ft lot, zoned R5. Built in 1989. This income-producing property currently generates approximately $10,850 in monthly rental income, offering stable tenants and consistent cash flow.Excellent opportunity for investors seeking a solid long-term income property in a prime Queens location with convenient access to transportation, shopping, and everyday amenities.

54-47 83RD Street, Elmhurst

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.