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    8307 Grand Ave Elmhurst, NY 11373

    For Sale
    $1,350,000

    Mixed Use - Elmhurst, NY

    Type:Mixed Use
    Property size:
    3,300 SF
    Lot size:
    0.03 Acres
    Days on Market:
    83
    Last Refresh:
    Dec 7 at 11:06 pm

    Property Features for 8307 Grand Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    R4 C1-3
    Rooms
    Basement
    APN
    02493-0033
    Parking
    1
    Parking features
    Driveway, Garage
    Basement Y/N
    1
    Size
    3,300 SF
    Lot size
    0.03 Acres

    Utilities

    Heating system
    Baseboard, Natural Gas
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1945
    Building materials
    Brick
    Architectural style
    Other

    E REALTY INTERNATIONAL CORP. (718) 886-8110 [email protected]

    Listing agent Zhen Chen (718) 886-8110 License #10401310107

    Listing date Sep 16, 2025

    MLS# 911540 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 Investment Opportunity

    This mixed-use property is located on a commercial corridor in Elmhurst, New York. The building includes a ground-floor retail unit, currently occupied by a music store, and two residential apartments on the second floor, each featuring 2 bedrooms and 1 bathroom. A full basement provides utility and storage space. The building measures 20 ft x 55 ft on a 20 ft x 57 ft lot, with a total interior area of approximately 3,300 square feet. The property has two separate electric meters, gas meters, and boilers. The property is zoned R4 C1-3. The location offers visibility on Grand Avenue, with access to the Q58 bus service to Flushing Main Street and is a 9-minute walk to the M/R subway lines. The property is surrounded by supermarkets, restaurants, laundromats, and neighborhood amenities. All units are fully leased with tenants. The current monthly rental income is $6,920, and the annual property tax is $9,183.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sonder School of Music Music School

    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
    -73.884278
    Latitude
    40.733371

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with retail and residential units in Elmhurst, NY.
    Where is this mixed-use property located?
    The property is located at 8307 Grand Ave Elmhurst, NY.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: - Fully leased mixed-use property generating $6,920 monthly income.; - Prime location on Elmhurst's Grand Avenue, a high-traffic commercial corridor.; - Mixed-use zoning (R4, C1-3) offers flexibility.
    (718) 886-8110
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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
    8307 Grand Ave Elmhurst, NY 11373
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