Rarely available mixed-use gem in the heart of Elmhurst, offering a ground-floor Deli storefront and two oversized residential units above. This well-maintained 3-story property features building dimensions of 23x48 on a 25x100 lot, providing generous interior space. Both the second and third floors are configured as spacious 3-bedroom, 2-bathroom apartments, each featuring a full kitchen, dining area, and living room. The property also includes a high-ceiling basement with a convenient separate entrance. Delivered entirely vacant. Ideally situated on a major commercial thoroughfare, it is just minutes away from the E, M, R, F,subway lines, Queens Center Mall, and premier supermarkets. Zoned R5, R6A, and C1-2 with exceptionally low annual taxes of only $7,146 . Currently operating at a 6% CAP with a clear trajectory to 7%+.
Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
SEWER
Public Sewer
WATER SOURCE
Public
Year Built
1972
Basement
Full
Parking Features
Off Street
CITY
Elmhurst
COUNTY
Queens
STATE
NY
TAX AMOUNT
7146.0
LATEST UPDATE
2026-05-11T15:51:36.396Z
DAYS ON MARKET
3
PRICE CHANGE(S)
$2,795,000 May 11, 2026
CUMULATIVE DAYS ON MARKET
3
Property Details
Property TypeCommercial
StatusActive
Property Sub TypeMulti Family
MLS #997208
HeatingNatural Gas
CoolingWall/Window Unit(s)
Utility FeaturesElectricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
SEWERPublic Sewer
WATER SOURCEPublic
Year Built1972
BasementFull
Parking FeaturesOff Street
CITYElmhurst
COUNTYQueens
STATENY
TAX AMOUNT7146.0
LATEST UPDATE2026-05-11T15:51:36.396Z
DAYS ON MARKET3
PRICE CHANGE(S)
$2,795,000 May 11, 2026
CUMULATIVE DAYS ON MARKET3
Market Trends
New Properties On Market
54
42%
Increase In New Listings
Average Asking Price
$1,001,532
$217,901 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$374
$323 Decrease In List Price/Sq. Ft.
Average Days On Market
4
17 Day
Decrease In Days On Market
Data as of Jun 04, 2026.
Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.
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