Fully Renovated Colonial
24-27 92 STREET, East Elmhurst, NY 11369
New
Multi-Unit (2-4), Colonial - East Elmhurst, NY
Property size:
2,382 SFPrice / SF:
$461/SF- Added:
- Jun 1, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 2 at 6:06 pm
Property Features for 24-27 92 STREET
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bonus Room, Dining Room, Family Room, Living Room
- Parking features
- Garage
- Appliances
- Dishwasher, Dryer, Microwave, Refrigerator, Washer
- Standard status
- Active
- Size
- 2,382 SF
Taxes and HOA fees
- Tax Annual Amount
- 7233
Utilities
- Heating system
- Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 1940
- Year renovated
- 1940
- Floors in Building
- 3
- Flooring type
- Hardwood, Tile
- Building materials
- Brick
- Roof type
- Asphalt
- Architectural style
- Colonial
Listing agent Joseph Lombardo (516) 200-6448
Listing office LOMBARDO HOMES & ESTATES 195 San Juan. Dr, LINDENHURST, NY (516) 200-6448
Listing date Jun 1, 2026
MLS# 11798902
Listing URL
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully renovated Colonial 2‑family home built in 1940 with 2,382 sq ft of living space
- Layout includes 4 bedrooms and 3 bathrooms across multiple floors and a full above‑grade basement
- First‑floor unit has 1 bedroom, kitchen, living room, and 1 full bathroom
- Second‑floor unit features kitchen, living room, dining room, and 1 full bathroom
- Third floor includes 3 bedrooms and 1 full bathroom
- Central air and natural gas heating; appliances include dishwasher, microwave, refrigerator, washer, and dryer
Overview
Vacant and ready to show, this fully renovated brick colonial offers a total of 4 bedrooms and 3 bathrooms across three levels. The property includes a first-floor apartment with 1 bedroom, a kitchen, a living room, and 1 full bathroom. The second floor features a kitchen, living room, dining room, and 1 full bath, while the third floor provides 3 additional bedrooms and 1 full bathroom. Updates include a fully remodeled kitchen with brand-new stainless steel appliances and modern finishes, along with refreshed contemporary bathroom upgrades. Exterior improvements include updated mortar on the brick walls. A fully paved, fully fenced backyard supports outdoor use, and a private driveway provides off-street parking.
Showings are scheduled Monday through Friday from 5:00 PM to 8:00 PM and anytime on weekends. The home is located in East Elmhurst, Queens, with convenient access to shopping, schools, parks, public transportation, LaGuardia Airport, and major highways.
Designed for flexibility, this configuration can suit multi-generational living needs while also supporting strong rental income potential. With its modern interior updates, fenced outdoor space, and dedicated parking, the property offers a practical turnkey option for buyers seeking a renovated multi-unit home.
Showings are scheduled Monday through Friday from 5:00 PM to 8:00 PM and anytime on weekends. The home is located in East Elmhurst, Queens, with convenient access to shopping, schools, parks, public transportation, LaGuardia Airport, and major highways.
Designed for flexibility, this configuration can suit multi-generational living needs while also supporting strong rental income potential. With its modern interior updates, fenced outdoor space, and dedicated parking, the property offers a practical turnkey option for buyers seeking a renovated multi-unit home.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $110.0k | $46.20 |
| − Vacancy | −$4.2k | −$1.76 |
| EGI | $105.9k | $44.44 |
| − OpEx | −$47.6k | −$20.00 |
| NOI | $58.2k | $24.44 |
2,382 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$831.8K
$727.8K – $970.5K
NOI $58,227 @ 7.0% cap · market cap 5.29%
Second Best
Multifamily LT 5
$563.2K
$492.8K – $657.1K
NOI $39,426 @ 7.0% cap · market cap 3.58%
Theoretical Best
Office A
$1.76M
$1.54M – $2.05M
NOI $122,923 @ 7.0% cap · market cap 11.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- East Elmhurst
- County
- Queens
- State
- New York
- Longitude
- -73.877394
- Latitude
- 40.765113
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Move-in-ready colonial with three levels of flexible living space and an enclosed, fully paved backyard.
Where is this duplex located?
The property is located at 24-27 92 STREET East Elmhurst, NY.
What is the asking price?
The asking price for this property is $1,099,888.
What are key features of this property?
This property features: Fully renovated Colonial 2‑family home built in 1940 with 2,382 sq ft of living space; Layout includes 4 bedrooms and 3 bathrooms across multiple floors and a full above‑grade basement; First‑floor unit has 1 bedroom, kitchen, living room, and 1 full bathroom
