Elmhurst Homes with Near Shops Lot features

Elmhurst Homes with Near Shops Lot features

Welcome to Elmhurst, a vibrant neighborhood nestled in the heart of Queens, New York! Known for its rich cultural diversity, Elmhurst offers a unique blend of urban living and suburban charm. This thriving community is characterized by its tree-lined streets, bustling shops, and a warm, welcoming atmosphere that makes it a perfect place to call home.

Elmhurst is a treasure trove of amenities, with a wide range of shops, restaurants, and services just a stone’s throw away. Whether you’re in the mood for a casual bite at a local eatery, shopping for fresh produce at the nearby markets, or exploring the unique boutiques that line the streets, everything you need is conveniently accessible. The neighborhood’s vibrant commercial scene ensures that residents enjoy a dynamic lifestyle without the hassle of long commutes.

In addition to its fantastic location near shops, Elmhurst boasts an array of beautiful homes that cater to various tastes and lifestyles. Many properties feature spacious lots, providing ample outdoor space for relaxation, gardening, or entertaining friends and family. With a mix of charming single-family homes and modern condominiums, there’s something for everyone in this delightful neighborhood.

Elmhurst is not just a place to live; it’s a community where you can thrive. With excellent schools, parks, and recreational facilities nearby, it’s an ideal spot for families, young professionals, and retirees alike. Come discover the magic of Elmhurst, where the perfect blend of convenience and comfort awaits!

Newest Elmhurst Homes with Near Shops 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.