Elmhurst Commercial Unit with
87-14 57th Road Elmhurst, NY 11373
87-14 57th Road, Elmhurst, NY, 11373
$199,800
For Sale
$199,800
SINGLE_FAMILY - Elmhurst, NY
Property Size328 SF
Lot Size0.68 Acres
Price / SF$609.15
Days on Market171
Property Features for 87-14 57th Road
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- R6B
- Standard status
- Active
- APN
- 02858-1028
- Size
- 328 SF
- Lot size
- 0.68 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2980
Utilities
- Heating system
- Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 1986
- Building materials
- Brick
Listing Agency
Winzone Realty Inc
(718) 899-7000
8115 Queens Blvd Ste 2A, ELMHURST, NY
Listed by
Victoria Chang
(347) 781-8888
Added: Jan 27 Checked: Jul 17 at 8:06 pm
MLS# 955661
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This is a legal commercial professional unit located in a well-maintained elevator building in the heart of Elmhurst. The 328 SF unit is newly painted and move-in ready. It features a brand-new cooking oven and refrigerator, making it ideal for office, studio, or professional use where light food preparation is permitted. The unit includes a private balcony with floor-to-ceiling grid windows extending to the balcony, providing great natural light and an open feel. Laundry facilities, including a washer and dryer, are available in the building for convenience. The property is in a prime location just two blocks from the M and R subway lines, offering easy access to transportation, shops, and restaurants. The lot size is 0.6832 acres.
Key Highlights
- Prime Elmhurst location, just two blocks from the M & R subway lines, offering easy access to transportation, shops, and restaurants.
- Legal commercial/professional unit in a well‑maintained elevator building.
- Enjoy the private balcony with floor‑to‑ceiling grid windows providing great natural light.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $16.5k | $50.40 |
| − Vacancy | −$2.1k | −$6.50 |
| EGI | $14.4k | $43.90 |
| − OpEx | −$3.6k | −$10.97 |
| NOI | $10.8k | $32.92 |
328 SF · lease $50.40/SF/yr · vacancy 12.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$154.3K
$135.0K – $180.0K
NOI $10,799 @ 7.0% cap · market cap 5.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$241.8K
$211.6K – $282.1K
NOI $16,926 @ 7.0% cap · market cap 8.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Global Life System ...
Health Counselor
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FAQs
What type of property is this?
Office units - Move-in ready 328 SF commercial unit with private balcony.
Where is this office units located?
The property is located at 87-14 57th Road Elmhurst, NY.
What is the asking price?
The asking price for this property is $199,800.
What are key features of this property?
This property features: Prime Elmhurst location, just two blocks from the M & R subway lines, offering easy access to transportation, shops, and restaurants.; Legal commercial/professional unit in a well‑maintained elevator building.; Enjoy the private balcony with floor‑to‑ceiling grid windows providing great natural light.
