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$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

$368,000
1 Beds 1 Baths 1038670 MLS
Location! Location! Location! Spectacular, beautifully renovated one-bedroom apartment in the heart of Elmhurst at 84-20 51st Avenue Owners Inc. This spacious home features a modern open-concept kitchen with stainless steel appliances and plenty of cabinet space. The oversized living room and generously sized bedroom offer plenty of space, along with abundant closet storage throughout. Conveniently located just minutes from supermarkets, shopping, restaurants, and public transportation. Close to everything! The building is well kept and well maintained. Board approval required. Minimum 20% down payment if financing. No pets. Subletting permitted after 2 years of owner occupancy, subject to Board approval and restrictions. Seller pays a flip tax of $10 per share. All utilities included in maintenance except electricity.

84-20 51st Avenue Unit #2K, Elmhurst

$395,000
1 Beds 1 Baths 1025433 MLS
Discover the perfect co-op that seamlessly blends old-world charm with modern conveniences in the heart of Elmhurst. Ideally situated, this sought-after location places shopping, restaurants, public transportation, schools, and everyday essentials just moments from your doorstep. Beautifully renovated and completely move-in ready, this turnkey residence offers the perfect combination of comfort, style, and convenience. The thoughtfully updated interior features modern finishes, including a dishwasher, making everyday living effortless. Residents enjoy an impressive array of building amenities, including an on-site laundry room, fully equipped fitness center, bike storage, long-term storage, a beautifully landscaped courtyard, and an inviting lobby library—the perfect place to relax with a good book or unwind after a busy day. Opportunities to own in this highly desirable building are rare. Don't miss your chance to call this exceptional Elmhurst co-op home. Schedule your private showing today before this one is gone!

42-22 Ketcham Street Unit #D21, Elmhurst

$5,800,000
1009688 MLS
Location! Location! Location! This elevated Ten Units building was completely rebuilt on 2018 in a very safe neighborhood. Prime residential area with stores and transportation surrounded. Ten units with Two 1BR Apt, Seven 2BR Apt and One Studio. Six units have 2 Bth. All rented to responsible tenants on market price and the tenants pay for their own utilities. Big windows for bright rooms. Tiled floors. Stainless appliances. Open city view. It's close to subway and bus stations. Queens Shopping Center is just around the corner. Near schools and all. Very low annual property tax. 4 parking spaces in the back. Extra long property with big uplifted and landscaped front yard. Great for living in and investment. Excellent opportunity of 1031 Tax Exchange., Additional information: Appearance:Excellent,Interior Features:Lr/Dr, Building Size:42X55

86-30 Grand Avenue, Elmhurst

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.