Semi-Attached Legal 3-Family
90-25A & 90-27 Elmhurst Avenue Jackson Heights, NY 11372
90-25A & 90-27 Elmhurst Avenue, Jackson Heights, NY, 11372
$3,600,000
For Sale
$3,600,000
MULTI_FAMILY - Other - Jackson Heights, NY
Property Size5,360 SF
Lot Size0.05 Acres
Price / SF$671.64
Days on Market144
Property Features for 90-25A & 90-27 Elmhurst Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Bedrooms
- 10
- Bathrooms
- 6
- Rooms
- Bathroom 6, Bedroom 1, Bathroom 1, Bedroom 7, Bedroom 4, Bedroom 3, Bedroom 6, Bedroom 8, Bathroom 4, Bedroom 10, Bathroom 2, Bedroom 9, Bedroom 5, Bathroom 5, Bedroom 2, Bathroom 3
- Parking
- 7
- Parking features
- Assigned, Garage, Parking Lot
- Security features
- Security
- Patio and Porch features
- Patio
- Interior features
- Entrance Foyer
- Exterior features
- Balcony, Lighting, Mailbox
- Fencing
- Chain Link, Fenced, Perimeter, Barbed Wire
- Standard status
- Active
- APN
- 01478-0030
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 28741
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Hot Water(Heating)
- Cooling system
- Varies by Unit, Multi Units, Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1955
- Number of units
- 6
- Flooring type
- Combination
- Building materials
- Block, Brick, Frame
- Architectural style
- Other
Listing agency
Leatherman Homes
(516) 766-1400
Listed by
Kevin M. Leatherman ABR SFR C2EX A
(516) 984-1815
Added: Mar 1 Updated: Jul 17 at 9:20PM Checked: Jul 23 at 5:06AM
MLS# 956967
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.
Two semi-attached legal 3-family buildings are offered together, providing six rental units with 10 bedrooms and 6 full bathrooms. Each building includes an efficient layout and features a spacious common lobby with boiler room access. Units are configured as one-bedroom on the first floor, two-bedroom on the second floor, and two-bedroom on the third floor. One building includes a private garage at the first floor, while the second-floor unit at 90-27 has access to a large private deck and the yard. Both buildings offer gas heat and gas hot water, with secure lobbies designed to accommodate package delivery.
The properties are located at 90-25A & 90-27 Elmhurst Avenue in Jackson Heights. The offering includes two garages and five assigned parking spaces with fenced, secure access. There is a side area for organized garbage storage, and 90-27 includes rear outdoor space for shared use. The 90-27 garage has surveillance cameras with NVRs installed, and both properties are registered with HPD. Building updates referenced include brick pointing completed around 2018 and new windows on the first and third floors around 2018.
This turnkey multi-family package is well suited for an owner-operator or investor seeking a manageable, side-by-side configuration with separate entrances and day-to-day support features such as secured parking and on-site outdoor space. The clean mechanical setup and functional unit layouts can help simplify operations across six units, while the combination of garages and assigned parking adds practical value for tenants.
The properties are located at 90-25A & 90-27 Elmhurst Avenue in Jackson Heights. The offering includes two garages and five assigned parking spaces with fenced, secure access. There is a side area for organized garbage storage, and 90-27 includes rear outdoor space for shared use. The 90-27 garage has surveillance cameras with NVRs installed, and both properties are registered with HPD. Building updates referenced include brick pointing completed around 2018 and new windows on the first and third floors around 2018.
This turnkey multi-family package is well suited for an owner-operator or investor seeking a manageable, side-by-side configuration with separate entrances and day-to-day support features such as secured parking and on-site outdoor space. The clean mechanical setup and functional unit layouts can help simplify operations across six units, while the combination of garages and assigned parking adds practical value for tenants.
Key Highlights
- Package deal: two semi‑attached legal 3‑family buildings at 90‑25A & 90‑27 Elmhurst Ave, Jackson Heights, NY 11372
- Total of 6 rental units with 10 bedrooms and 6 full bathrooms; each building has 2,680 SF
- Gas heat and gas hot water; clean mechanical setup with boiler room access in each building
Local Financial Insights For Apartment 5plus
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 | $247.6k | $46.20 |
| − Vacancy | −$9.4k | −$1.76 |
| EGI | $238.2k | $44.44 |
| − OpEx | −$107.2k | −$20.00 |
| NOI | $131.0k | $24.44 |
5,360 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.87M
$1.64M – $2.18M
NOI $131,022 @ 7.0% cap · market cap 3.64%
Second Best
Multifamily LT 5
$1.27M
$1.11M – $1.48M
NOI $88,717 @ 7.0% cap · market cap 2.46%
Theoretical Best
Office A
$3.95M
$3.46M – $4.61M
NOI $276,602 @ 7.0% cap · market cap 7.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Package sale of two semi-attached legal three-family buildings with parking, garages, and outdoor space.
Where is this triplex located?
The property is located at 90-25A & 90-27 Elmhurst Avenue Jackson Heights, NY.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: Package deal: two semi‑attached legal 3‑family buildings at 90‑25A & 90‑27 Elmhurst Ave, Jackson Heights, NY 11372; Total of 6 rental units with 10 bedrooms and 6 full bathrooms; each building has 2,680 SF; Gas heat and gas hot water; clean mechanical setup with boiler room access in each building
