$1,900,000
$50K PRICE DROP

91-16 43rd Ave Elmhurst, NY 11373

Elmhurst Neighborhood

Estimated payment $11,110/month

Total Views 1,177
7 Beds
7 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Elmhurst Investment Opportunity - 7.3 Cap Rate!

Built in 2002, this well-maintained 4-story, 7-unit multifamily building with 1 commercial space offers a high-yield 7.3 cap rate in the heart of Elmhurst, Queens. Spanning 6,300 SF, the 25 ft x 54 ft building sits on a 25 ft x 100 ft lot and benefits from a 421a tax abatement.

Fully 100% occupied, the property features separately metered electric and gas, with tenants covering their own utilities. Each unit has its own independent heating system, ensuring low low operating costs. Strong rental income and location make this an exceptional turn-key investment opportunity.

Don't miss out on this rare find- contact us today!

Listing Agent

Bruce Friedberg

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

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,844

Year Built

  • Built in 2002

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100.00x25.00

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 4-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Full Bathrooms

Utilities

  • Window Unit Cooling System

Community Details

  • 8 Units
  • Elmhurst Subdivision

Listing and Financial Details

  • Legal Lot and Block 0012 / 01600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,844

Year Built

Built in 2002

Lot Details

0

Listing Details

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

Interior Features

  • Interior Features: Smoke Free
  • Fireplace: No
  • Living Area Units: Square Feet
  • Rooms (Total): 28
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 7
  • Bathrooms Integer: 7
  • Bedrooms: 7

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: Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 2500.0
  • Lot Size Dimensions: 100.00x25.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 8
  • Total Stories: 4
  • Year Built: 2002

Tax Info

  • Tax Block: 01600
  • Tax Lot: 0012
  • Tax Annual: 11844.0

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 Price Changed $1,900,000 -2.6% --
04/07/2025 04/07/25 For Sale $1,950,000 -- --
Source: Real Estate Board of New York (REBNY)

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20014683

Real Estate Board of New York (REBNY)
New York Queens County Elmhurst 11373 Elmhurst

91-16 43rd Ave, Elmhurst, NY

This home is located at 91-16 43rd Ave, Elmhurst, NY 11373 and is currently priced at $1,900,000. This property was built in 2002. 91-16 43rd Ave is a home located in Queens County with nearby schools including P.S. 110, Is 61 Leonardo Da Vinci, and Newtown High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

RLS Data display by Homes.com LLC

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Listing Agent
Bruce Friedberg
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Douglas Elliman Real Estate
(929) 612-3473