$1,699,000
$51K PRICE DROP

Estimated payment $9,268/month

Total Views 2,810
11 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Green Building
  • Cooling System Mounted In Outer Wall Opening
  • 4-minute walk to Louis Armstrong Playground

About This Home

Elmhurst Investment Opportunity - 6.5 Cap Rate!

Built in 2008, this well-maintained 4-story, 6-unit multifamily building with 1 commercial space offers a high-yield 6.5 cap rate in the heart of Elmhurst, Queens. Spanning 4,880 SF, the building sits on a 20 ft x 100 ft lot and benefits from a 421a tax abatement.

Mix of 1-2-3 bedrooms, fully occupied, the property features separately metered electric and gas.. The heating system is also separately metered, ensuring low operating costs. Strong rental income, and a prime location make this an exceptional turn-key investment opportunity.

Don't miss out on this rare find-

Listing Agent

Bruce Friedberg

Douglas Elliman Real Estate License #10301221448 Listed on: 04/07/2025

Douglas Elliman Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,092

Year Built

  • Built in 2006

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100.00x20.00

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 4-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Full Bathrooms

Eco-Friendly Details

  • Green Building
  • Smoke Free Home

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • 6 Units
  • Jackson Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 0031 / 01753

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,092

Year Built

Built in 2006

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Jackson Heights
  • Entry Level: 1
  • Structure Type: Townhouse
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 4

Interior Features

  • Interior Features: Smoke Free
  • Fireplace: No
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 6
  • Bathrooms Integer: 6
  • Bedrooms: 11

Exterior Features

  • View: Other
  • View: No
  • Exterior Features: Private Outdoor Space Over 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Green Building
  • Cooling: Wall Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 2000.0
  • Lot Size Dimensions: 100.00x20.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 6
  • Total Stories: 4
  • Year Built: 2006

Tax Info

  • Tax Block: 01753
  • Tax Lot: 0031
  • Tax Annual: 1092.0

Multi Family

  • Building Area Units: Square Feet

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/13/2025 11/13/25 Price Changed $1,699,000 -2.9% --
08/29/2025 08/29/25 For Sale $1,750,000 0.0% --
08/03/2025 08/03/25 Off Market $1,750,000 -- --
04/07/2025 04/07/25 For Sale $1,750,000 -- --
Source: Real Estate Board of New York (REBNY)

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20014682

Real Estate Board of New York (REBNY)
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