Two Semi-Attached 3-Family
90-25A & Lot 155 Elmhurst Avenue Jackson Heights, NY 11372
90-25A & Lot 155 Elmhurst Avenue, Jackson Heights, NY, 11372
$1,900,000
For Sale
$1,900,000
MULTI_FAMILY - Other - Jackson Heights, NY
Property Size5,360 SF
Lot Size0.07 Acres
Price / SF$354.48
Days on Market15
Property Features for 90-25A & Lot 155 Elmhurst Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bathroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 5, Bedroom 4
- Parking
- 6
- Parking features
- Parking Lot
- Interior features
- Entrance Foyer
- Exterior features
- Lighting, Mailbox
- Fencing
- Fenced, Perimeter
- Standard status
- Active
- APN
- 01478-0032
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 18361
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Baseboard
- Cooling system
- Window Unit(s), Varies by Unit, Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1955
- Number of units
- 3
- Building materials
- Block, Brick
- Architectural style
- Other
Listing agency
Leatherman Homes
(516) 766-1400
Listed by
Kevin M. Leatherman ABR SFR C2EX A
(516) 984-1815
Added: Jul 9 Updated: Jul 17 at 9:21PM Checked: Jul 23 at 3:06AM
MLS# 1019795
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 offering includes two semi-attached, legal 3-family buildings sold together as a package. The combined configuration features six rental units with 10 bedrooms and six full bathrooms. Each building has a total of 2,680 square feet and an efficient layout designed for straightforward day-to-day management.
Each building provides separate entrances. The first floor includes a spacious common lobby, boiler room access, a one-bedroom, one-bath unit, and a private garage. The second-floor units are two bedroom, one bath, and the third-floor units are also two bedroom, one bath. At 90-27, the second-floor unit includes a large private deck with access to the yard. The properties also include gas heat, gas hot water, two private garages, and secure, fenced assigned parking with five spaces. Additional features include side area for organized garbage storage, rear outdoor shared space at 90-27, and a clean mechanical setup.
The buildings are located at 90-25A & 90-27 Elmhurst Avenue and are registered with HPD. Both properties have surveillance cameras with NVRs installed in the 90-27 garage. Brick pointing was completed around 2018, and new windows were installed on the 1st and 3rd floors around 2018.
Each building provides separate entrances. The first floor includes a spacious common lobby, boiler room access, a one-bedroom, one-bath unit, and a private garage. The second-floor units are two bedroom, one bath, and the third-floor units are also two bedroom, one bath. At 90-27, the second-floor unit includes a large private deck with access to the yard. The properties also include gas heat, gas hot water, two private garages, and secure, fenced assigned parking with five spaces. Additional features include side area for organized garbage storage, rear outdoor shared space at 90-27, and a clean mechanical setup.
The buildings are located at 90-25A & 90-27 Elmhurst Avenue and are registered with HPD. Both properties have surveillance cameras with NVRs installed in the 90-27 garage. Brick pointing was completed around 2018, and new windows were installed on the 1st and 3rd floors around 2018.
Key Highlights
- Two semi‑attached legal 3‑family buildings sold together in Jackson Heights (90‑25A & 90‑27 Elmhurst Ave, NY 11372).
- Six rental units total: 10 bedrooms and 6 full bathrooms across both buildings.
- Each building offers 2,680 SF, with separate entrances and a functional multi‑level unit layout.
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 6.90%
Second Best
Multifamily LT 5
$1.27M
$1.11M – $1.48M
NOI $88,717 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$3.95M
$3.46M – $4.61M
NOI $276,602 @ 7.0% cap · market cap 14.56%
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 includes two semi-attached legal 3-family buildings with six units, parking, and outdoor space.
Where is this triplex located?
The property is located at 90-25A & Lot 155 Elmhurst Avenue Jackson Heights, NY.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Two semi‑attached legal 3‑family buildings sold together in Jackson Heights (90‑25A & 90‑27 Elmhurst Ave, NY 11372).; Six rental units total: 10 bedrooms and 6 full bathrooms across both buildings.; Each building offers 2,680 SF, with separate entrances and a functional multi‑level unit layout.
