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    25-56 97Th St East Elmhurst, NY 11369

    For Sale
    $5,350,000

    Multi Family - East Elmhurst, NY

    Type:Single Family Attached
    Property size:
    8,881 SF
    Days on Market:
    83
    Last Refresh:
    Dec 6 at 11:06 pm

    Property Features for 25-56 97Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    Standard status
    Active
    Rooms
    Basement
    APN
    01370-0038
    Parking features
    On Street
    Basement Y/N
    1
    Size
    8,881 SF

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Ductless

    Building Details

    Year built
    2023
    Number of units
    8
    Building materials
    Brick
    Architectural style
    Other

    Tony&William real estate brotherhood group (718) 775-2219 [email protected]

    Listing agent Chun H. Xie (347) 368-6775 License #10311201156

    Listing date Sep 15, 2025

    MLS# 912667 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    East Elmhurst Multifamily Building For Sale

    Located in the heart of East Elmhurst, this multifamily building was newly constructed in 2023 and features an elevator. The property benefits from a 35-year tax abatement. The building comprises six 2-bedroom units, one 4-bedroom unit, and one 5-bedroom unit. Its location near LaGuardia Airport offers convenient access to transportation. The property is situated close to shops, restaurants, supermarkets, and schools. Seller financing is available for qualified buyers. The property size is 8,881 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Elmhurst
    County
    Queens
    State
    New York
    Longitude
    -73.873291
    Latitude
    40.769606

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    FAQs

    What type of property is this?
    Apartment building - New construction multifamily building with tax abatement in East Elmhurst.
    Where is this apartment building located?
    The property is located at 25-56 97Th St East Elmhurst, NY.
    What is the asking price?
    The asking price for this property is $5,350,000.
    What are key features of this property?
    This property features: - 35 Years Tax Abatement; - New Construction (Built in 2023) with Elevator; - Multi-Family Building with Diverse Unit Mix (2, 4, and 5-Bedroom Units)
    (347) 368-6775
    Request Owner's contact information
    25-56 97Th St East Elmhurst, NY 11369
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    East Elmhurst, NY 11369
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    25-56 97Th St East Elmhurst, NY 11369
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