91-16 43rd Ave Elmhurst, NY 11373
Elmhurst NeighborhoodEstimated payment $10,996/month
Highlights
- Green Building
- Window Unit Cooling System
- 4-minute walk to Veteran's Grove Playground
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
Douglas Elliman Real Estate License #10301221448 Listed on: 04/07/2025
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
- Townhome
- Entry on the 1st floor
Interior Spaces
- 4-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Full Bathrooms
Eco-Friendly Details
- Green Building
- Smoke Free Home
Utilities
- Window Unit Cooling System
Community Details
- 8 Units
- Elmhurst Subdivision
Listing and Financial Details
- Legal Lot and Block 0012 / 01600
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/13/2025 11/13/25 | Price Changed | $1,875,000 | -1.3% | -- |
| 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)
MLS Number: RLS20014683
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RLS Data display by Homes.com LLC
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Ask me questions while you tour the home.