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    2572 99Th St East Elmhurst, NY 11369

    For Sale
    $1,770,000

    Multi-Unit (2-4) - East Elmhurst, NY

    Days on Market:
    58
    Last Refresh:
    Dec 6 at 9:06 pm

    Property Features for 2572 99Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Garage

    Building Details

    Architectural style
    Other

    MAVA CAPITAL HOLDINGS LLC

    Listing agent Yuriy Mava (516) 862-8010

    Listing date Oct 10, 2025

    MLS# 11522688 Listing URL

    Copyright © 2025 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.

    Overview

    Renovated Three-Family Building in East Elmhurst

    This is a renovated legal three-family building located in East Elmhurst, New York. The building is set up to potentially generate $150,000 annually, with total expenses at $20,000, resulting in a net operating income of $130,000, which makes this a near 7 CAP property. One two-bedroom unit is currently vacant. Recent renovations include a new roof, new exterior stucco on brick, new plumbing with separate boilers and heaters, and new electrical systems. The kitchens feature granite countertops and stainless steel appliances. Additional improvements include new floors, windows, recessed lighting, hardwood floors, and baseboard heating. The property is equipped with smart home technology, including a video intercom, cameras, and high-speed internet wiring throughout.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    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
    -73.870724
    Latitude
    40.762645

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    FAQs

    What type of property is this?
    Triplex - Recently renovated three-family building with high-end finishes and smart home technology.
    Where is this triplex located?
    The property is located at 2572 99Th St East Elmhurst, NY.
    What is the asking price?
    The asking price for this property is $1,770,000.
    What are key features of this property?
    This property features: - Legal 3-family building with HIGH INCOME POTENTIAL: $150k annual gross income and $130k Net Operating Income (NOI).; - Recently and FULLY RENOVATED from top to bottom.; - New essential systems: roof, plumbing (separate boilers & heaters), and electrical.
    (516) 862-8010
    Request Owner's contact information
    2572 99Th 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
    2572 99Th St East Elmhurst, NY 11369
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