USANYElmhurst8834 54Th Ave
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$3,750,000

For Sale

10 days ago

8834 54Th Ave, Elmhurst, NY

House

MLS® 1036263

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes $2,496
Days Active 11
Lot Size 0.0574 Acres
Approx. Age 2022
MLS® Number 1036263

Property Address: 8834 54th Ave, Elmhurst, NY, 11373-4544

Average square foot calculated using Size range provided by listing agent.

Description

Excellent investment opportunity in the heart of Elmhurst! Legal 7-family residential building located at 88-34 54th Ave, built in 2020 and well maintained. This income-producing property features approximately 5, 526 SF of building area on a 25 x 100 lot, with 4 stories plus basement and separate entrances, offering a practical and efficient multi-unit layout. The property includes 7 residential units, 8 electric meters, and 7 gas meters. Each unit is equipped with modern finishes, including hardwood floors, marble countertops, individual wall-mounted heating systems, and gas stoves. Current projected full-rent gross income is approximately $20, 850/month, or up to approximately $250, 200/year, offering strong income potential. Low annual property tax of approximately $2, 496 with tax abatement benefits. Conveniently located in central Elmhurst near supermarkets, restaurants, shopping, schools, and public transportation, with easy access to the M/R subway lines and surrounding Queens neighborhoods. A rare legal 7-family building with low taxes, strong rental potential, and prime Elmhurst location. Buyer to verify all income, expenses, taxes, leases, and property information independently.
MLS® Number1036263
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2022
Basement
DrivewayNone
Garage Spaces
HeatBaseboard
A/CWall/Window Unit(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 7, 2026List Date
$3,750,000List Price
-End Date
Not Sold YetSold Price

For Sale

Mar 17, 2026List Date
$3,750,000List Price
  • Commute

Commute

Starting Address
Destination Address
8834 54Th Ave, Elmhurst, NY

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