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    82-20 Britton Ave Elmhurst, NY 11373

    For Sale
    $6,850,000

    Multi Family - Elmhurst, NY

    Type:Single Family Attached
    Property size:
    11,000 SF
    Days on Market:
    266
    Last Refresh:
    Dec 5 at 5:06 pm

    Property Features for 82-20 Britton Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    Standard status
    Active
    Rooms
    Basement
    Basement Y/N
    1
    Size
    11,000 SF

    Utilities

    Heating system
    Baseboard, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    2008
    Number of units
    9
    Building materials
    Brick
    Architectural style
    Other

    Best Group Realty, Inc. (718) 939-9100 [email protected]

    Listing agent Won S. Lee (718) 255-9100 License #10401308470

    Listing date Mar 15, 2025

    MLS# 811519 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 Multifamily Investment Opportunity

    This exceptional property offers a unique investment opportunity in a prime Elmhurst location. The building features eight contemporary residential units. Six units have one bedroom, and two penthouses include two bedrooms and two bathrooms. Tenants are responsible for their utility costs. Subway and bus stations are located nearby, providing convenient access to supermarkets, restaurants, and stores. All units are currently rented with good tenants, making it ideal for generating a steady income. A valuable community facility enhances the property's appeal and potential for positive community impact. The central location provides convenient access to amenities and transportation. This is a rare chance to acquire a well-maintained mixed-use building with significant potential. Each condo unit can be sold separately, requiring the buyer to reactivate the condo book. The property is an excellent opportunity for a 1031 Tax Exchange. The building has 11000 square feet of living area.
    Property Profile Location Intelligence

    Current Use by Public Records

    1031 exchange properties

    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
    -73.882023793439
    Latitude
    40.7431869

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained multifamily property in Elmhurst with income potential.
    Where is this apartment building located?
    The property is located at 82-20 Britton Ave Elmhurst, NY.
    What is the asking price?
    The asking price for this property is $6,850,000.
    What are key features of this property?
    This property features: - Prime Elmhurst location with convenient access to transportation (subway and bus); - Eight contemporary residential units, featuring six 1BR units and two 2BR penthouses; - All units currently rented with good tenants, generating steady income
    (718) 255-9100
    Request Owner's contact information
    82-20 Britton Ave 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
    82-20 Britton Ave Elmhurst, NY 11373
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