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$ 1,328,000
Est. payment | /mo
1,141 Sqft Lot
$ 1,328,000
Est. payment | /mo
1,141 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 949794
Rental Info No
Year Built 1945
Annual Tax Amount $9,183
Lot Size 1,141 Sqft
Acres 0.0262
Property Sub-Type Mixed Use
Source onekey2
Property Description
Prime mixed-use investment opportunity located on one of Elmhurst's busiest commercial corridors. The property consists of a ground-floor retail unit currently occupied by a music store and two residential apartments on the second floor (front and rear), each configured with 2 bedrooms and 1 bathroom. A full basement provides additional utility and storage space.
The building measures 20 ft x 55 ft on a 20 ft x 57 ft lot, with a total interior area of approximately 3,300 square feet. The property is equipped with two separate electric meters, gas meters, and boilers.
Financials:
• Current monthly rental income: $6,920
• All units fully leased with stable, paying tenants (delivered occupied)
• Annual property tax: $9,183
Location Highlights:
• Excellent visibility on Grand Avenue, Elmhurst's thriving commercial strip
• Direct access to Q58 bus service to Flushing Main Street
• 9-minute walk to M/R subway lines
• Surrounded by supermarkets, restaurants, laundromats, and neighborhood amenities
Zoning: R4, C1-3 (mixed-use)
Rare opportunity to acquire a fully income-producing mixed-use property in a high-demand Elmhurst location with strong appreciation potential.
The building measures 20 ft x 55 ft on a 20 ft x 57 ft lot, with a total interior area of approximately 3,300 square feet. The property is equipped with two separate electric meters, gas meters, and boilers.
Financials:
• Current monthly rental income: $6,920
• All units fully leased with stable, paying tenants (delivered occupied)
• Annual property tax: $9,183
Location Highlights:
• Excellent visibility on Grand Avenue, Elmhurst's thriving commercial strip
• Direct access to Q58 bus service to Flushing Main Street
• 9-minute walk to M/R subway lines
• Surrounded by supermarkets, restaurants, laundromats, and neighborhood amenities
Zoning: R4, C1-3 (mixed-use)
Rare opportunity to acquire a fully income-producing mixed-use property in a high-demand Elmhurst location with strong appreciation potential.
Location
State NY
County Queens
Rooms
Basement Finished
Interior
Heating Baseboard, Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Garage, Private, Shared Driveway
Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
Total Parking Spaces 1
Building
Lot Description Near Public Transit
Story 2
Foundation Brick/Mortar
Sewer Public Sewer
Water Other
Structure Type Brick
Others
Special Listing Condition None
Listed by E Realty International Corp • Zhen Chen
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