Elmhurst Homes with Near Public Transit Lot features

Elmhurst Homes with Near Public Transit Lot features

Welcome to Elmhurst, a vibrant neighborhood nestled in the heart of Queens, New York. Known for its rich cultural diversity and bustling atmosphere, Elmhurst is a hidden gem that offers an exceptional urban living experience. With its prime location, residents enjoy easy access to an array of amenities, including parks, restaurants, shopping centers, and some of the best schools in the city.

One of the standout features of Elmhurst is its superb public transit options. The neighborhood is well-connected by the M and R subway lines, providing seamless access to Manhattan and other parts of New York City. Whether you're commuting for work or exploring the city's attractions, you'll appreciate the convenience of having public transit just a stone's throw away from your home.

The real estate market in Elmhurst is diverse, with a variety of homes that cater to different lifestyles and budgets. From charming single-family houses to modern condominiums, you’ll find properties that boast unique character and ample space. Many homes also feature attractive lots, perfect for outdoor gatherings or simply enjoying a quiet moment in your own backyard.

Living in Elmhurst means embracing a community that thrives on cultural richness and inclusivity. The neighborhood is a culinary haven, offering an eclectic mix of international cuisines that reflect its diverse population. With its combination of convenience, charm, and accessibility, Elmhurst is not just a place to live—it's a place to thrive. Discover your dream home in this dynamic neighborhood and experience all that Elmhurst has to offer!

Newest Elmhurst Homes with Near Public Transit Lot features

$1,599,000
6 Beds 3 Baths 1048630 MLS
Discover a premier investment or ultimate live-with-income residence in the heart of Elmhurst, Queens. Sited on a 25x100 lot, this detached multi-family property will be delivered 100% vacant at closing, allowing you to set premium market rents from day one. The building generates a proven gross annual rental income of $102,000, representing a solid 5.07% Capitalization Rate in a completely free-market, non-rent-stabilized environment. The property underwent a high-end architectural gut renovation in 2008, fully replacing all underlying infrastructure—including modernized electrical wiring, updated plumbing networks, and rich hardwood floors. Fully separate utility meters for the first and second floors drastically minimize landlord oversight and protect operating margins. Intelligent Multi-Level Layout: The home features a main secure entryway that opens into a private interior vestibule, providing dedicated, separate locked entrances to each of the three independent apartments: First Floor: Fully renovated 2-Bedroom (easily reverted to 3-BR) featuring a large living room, eat-in kitchen with brand new appliances, full bathroom, in-unit washer/dryer, and direct access to a paved, secure, gated backyard with an oversized awning. Second Floor: Independent, sun-drenched 3-Bedroom, 1-Bathroom apartment with a spacious living area, modern eat-in kitchen with a dishwasher, and dedicated brand new laundry washer/dryer. Finished Basement: Completely finished with an expansive open loft layout, featuring a legal full bathroom and a dedicated kitchen/bar area. Complete with a private entrance and electric stove, this versatile space is perfect for an owner's suite, guest quarters, home office, or auxiliary recreation. All basement utilities are included. Location & Amenities: - Parking: Secure shared driveway protected by a permanent easement, comfortably accommodating off-street parking for multiple vehicles. - Transit: Unbeatable commuter location just two blocks from Queens Boulevard. A seamless 20-minute commute to Manhattan via the Grand Ave–Newtown M/R subway station and Q29 bus line. - Lifestyle: Moments from Queens Center Mall, Target, Best Buy, Rego Park Shopping Center, and Elmhurst Hospital. - Education: Adjacent to the prestigious P.S. 102 Bayview (holding an elite 9/10 ranking). Gross Rental Income 102,000 Vacancy Loss (5,100) -------------------------------------------- Effective Gross Income 96,900 Property Taxes (7,145) Operating Expenses (9,238) -------------------------------------------- Total Expenses (16,383) ========================= Net Operating Income 80,517

85-25 56th Avenue, Elmhurst

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Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.