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    40-10 Forley St Elmhurst, NY 11373

    New
    For Sale
    $1,998,000

    MULTI_FAMILY - Elmhurst, NY

    Lot size:
    0.05 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 40-10 Forley St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    01503-0016
    Parking features
    Driveway
    Lot size
    0.05 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating), Baseboard
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1955
    Number of units
    3
    Building materials
    Brick

    Douglas Elliman Real Estate [email protected]

    Listing agent James Y. Chung (917) 727-5652

    Listing date Dec 4, 2025

    MLS# 938080 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

    Elmhurst Mixed-Use Commercial Building

    Located in the heart of Elmhurst, this mixed-use commercial building at 40-10 Forley St offers 3,568 square feet across three floors. Constructed in 1955, the building has dimensions of approximately 20 by 51 feet. The first and second floors feature commercial space, currently used as medical offices, with a flexible layout suitable for various professional or retail uses. The third floor contains a spacious three-bedroom residential unit, providing an option for owner-use or additional rental income. The property includes a backyard and is located on an active commercial corridor, with close proximity to public transportation and the subway. The surrounding area offers a wide range of shops and restaurants, adding convenience for potential tenants and customers. The property has been well-maintained and is in great condition. This versatile property is situated on a lot of 0.0468 acres and presents an excellent opportunity for both business owners and investors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    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
    Elmhurst
    County
    Queens
    State
    New York
    Longitude
    -73.881097
    Latitude
    40.747551

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    FAQs

    What type of property is this?
    Mixed-use property - Versatile mixed-use property in Elmhurst with commercial and residential spaces.
    Where is this mixed-use property located?
    The property is located at 40-10 Forley St Elmhurst, NY.
    What is the asking price?
    The asking price for this property is $1,998,000.
    What are key features of this property?
    This property features: - Prime location on an active commercial corridor with high visibility.; - Mixed-use property featuring commercial space on the first two floors and a three-bedroom residential unit on the third floor.; - Total of 3,568 square feet of versatile space.
    (917) 727-5652
    Request Owner's contact information
    40-10 Forley St Elmhurst, NY 11373
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    Elmhurst, NY 11373
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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
    40-10 Forley St Elmhurst, NY 11373
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