91-16 43rd Ave #1A
Elmhurst, NY 11373
Elmhurst- 8 Beds
- 8 Baths
- 6,294 sqft
8 Beds
8 Baths
6,294 sqft
Local Information
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Description
Elmhurst Investment Opportunity - 7.3 Cap Rate!
Built in 2002, this well-maintained 4-story, 7-unit multifamily building with 1 commercial space offers a high-yield 7.3 cap rate in the heart of Elmhurst, Queens. Spanning 6,300 SF, the 25 ft x 54 ft building sits on a 25 ft x 100 ft lot and benefits from a 421a tax abatement.
Fully 100% occupied, the property features separately metered electric and gas, with tenants covering their own utilities. Each unit has its own independent heating system, ensuring low low operating costs. Strong rental income and location make this an exceptional turn-key investment opportunity.
Don't miss out on this rare find- contact us today!
Built in 2002, this well-maintained 4-story, 7-unit multifamily building with 1 commercial space offers a high-yield 7.3 cap rate in the heart of Elmhurst, Queens. Spanning 6,300 SF, the 25 ft x 54 ft building sits on a 25 ft x 100 ft lot and benefits from a 421a tax abatement.
Fully 100% occupied, the property features separately metered electric and gas, with tenants covering their own utilities. Each unit has its own independent heating system, ensuring low low operating costs. Strong rental income and location make this an exceptional turn-key investment opportunity.
Don't miss out on this rare find- contact us today!
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
$302
Listed
1 day ago
Last check for updates: about 2 hours ago
Listing by: Douglas Elliman, (914) 661-6005
Bruce Friedberg
Source: StreetEasy, MLS#S1775869
Home Details for 91-16 43rd Ave #1A
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MLS Status: Active |
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Interior Details Number of Rooms: 28 |
Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 8Number of Bathrooms (full): 8 |
Dimensions and Layout Living Area: 6294 Square Feet |
View No View |
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Days on Market: 1 |
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Year Built Year Built: 2002 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
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Price List Price: $1,900,000Price Per Sqft: $302 |
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Direction & Address City: ElmhurstCommunity: Elmhurst |
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Listing Agent Listing ID: S1775869 |
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Building Area Building Area: 6294 Square Feet |
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HOA Fee Includes: Maintenance |
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Special Conditions: Resale |
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Mls Number: S1775869Listing Url |
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STREETEASY Property ID: 24332425STREETEASY Building ID: 6537176 |
Price History for 91-16 43rd Ave #1A
Date | Price | Event | Source |
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06/11/2025 | $1,900,000 | Listed For Sale | StreetEasy #S1775869 |
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Comparable Sales for 91-16 43rd Ave #1A
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
---|---|---|---|---|---|---|---|
0.19 | Multi-Family Home | $1,215,000 | 01/17/25 | 7 | 4 | 2,732 | |
0.08 | Multi-Family Home | $1,535,000 | 10/29/24 | 6 | 3 | 2,550 | |
0.27 | Multi-Family Home | $1,300,000 | 10/22/24 | 6 | 5 | 2,160 | |
0.16 | Multi-Family Home | $1,300,000 | 02/06/25 | 4 | 3 | 2,700 | |
0.36 | Multi-Family Home | $1,610,000 | 09/13/24 | 7 | 3 | 2,628 | |
0.69 | Multi-Family Home | $1,930,000 | 07/25/24 | 8 | 6 | 3,625 |
Assigned Schools
These are the assigned schools for 91-16 43rd Ave #1A.
Check with the applicable school district prior to making a decision based on these schools. Learn more.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Elmhurst
At least 876 Trulia users voted on each feature.
- 86%It's walkable to grocery stores
- 83%There are sidewalks
- 81%It's walkable to restaurants
- 78%It's dog friendly
- 70%Streets are well-lit
- 62%People would walk alone at night
- 57%They plan to stay for at least 5 years
- 57%Kids play outside
- 54%There's holiday spirit
- 54%Yards are well-kept
- 50%It's quiet
- 44%Neighbors are friendly
- 40%Car is needed
- 32%Parking is easy
- 30%There's wildlife
- 26%There are community events
Learn more about our methodology.
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Bruce Friedberg, Douglas Elliman