Two Semi-Attached 3-Family
90-27 Elmhurst Avenue Jackson Heights, NY 11372
90-27 Elmhurst Avenue, Jackson Heights, NY, 11372
$1,700,000
For Sale
$1,700,000
MULTI_FAMILY - Other - Jackson Heights, NY
Property Size5,360 SF
Lot Size0.05 Acres
Price / SF$317.16
Days on Market15
Property Features for 90-27 Elmhurst Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 2, Bathroom 1, Bedroom 3, Bathroom 2, Bathroom 3
- Parking
- 1
- Parking features
- Garage
- Patio and Porch features
- Patio
- Interior features
- Entrance Foyer
- Exterior features
- Balcony, Lighting, Mailbox
- Fencing
- Fenced, Perimeter
- Standard status
- Active
- APN
- 01478-0030
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 10380
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Baseboard
- Cooling system
- Varies by Unit, Wall/Window Unit(s), 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# 1018981
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, featuring a total of six rental units with 10 bedrooms and six full baths. The efficient layouts include separate entrances for each building, spacious common lobbies with boiler room access, and secure package-delivery accommodations. Each building provides an assigned private garage and secured, fenced parking with five assigned spaces total. The mechanical setup includes gas heat and gas hot water. At 90-27 Elmhurst Avenue, the second-floor unit includes a large private deck with access to the yard, along with rear shared outdoor space and a side area for organized garbage storage.
The properties are located at 90-25A and 90-27 Elmhurst Avenue in Jackson Heights. Transportation is convenient to the E, F, M, R, and 7 trains at the Jackson Heights-Roosevelt Avenue/74th Street station, plus multiple bus routes and quick access to major roadways. Midtown Manhattan is approximately 20 to 25 minutes away.
Both buildings are registered with HPD. Surveillance cameras with NVRs are installed in the 90-27 garage. Building improvements include brick pointing completed around 2018 and new windows on the first and third floors around 2018.
The properties are located at 90-25A and 90-27 Elmhurst Avenue in Jackson Heights. Transportation is convenient to the E, F, M, R, and 7 trains at the Jackson Heights-Roosevelt Avenue/74th Street station, plus multiple bus routes and quick access to major roadways. Midtown Manhattan is approximately 20 to 25 minutes away.
Both buildings are registered with HPD. Surveillance cameras with NVRs are installed in the 90-27 garage. Building improvements include brick pointing completed around 2018 and new windows on the first and third floors around 2018.
Key Highlights
- Package sale of two semi‑attached legal 3‑family buildings (90‑25A & 90‑27 Elmhurst Ave) with 6 rental units and 10 bedrooms total
- Each building offers 2,680 SF with separate entrances and a 1BR/1BA on the first floor plus 2BR/1BA units on the second and third floors
- Two garages plus five assigned parking spaces with secure, fenced/perimeter parking
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 7.71%
Second Best
Multifamily LT 5
$1.27M
$1.11M – $1.48M
NOI $88,717 @ 7.0% cap · market cap 5.22%
Theoretical Best
Office A
$3.95M
$3.46M – $4.61M
NOI $276,602 @ 7.0% cap · market cap 16.27%
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 includes six units across two legal 3-family buildings with gas heat, five parking spaces, and two private garages.
Where is this triplex located?
The property is located at 90-27 Elmhurst Avenue Jackson Heights, NY.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Package sale of two semi‑attached legal 3‑family buildings (90‑25A & 90‑27 Elmhurst Ave) with 6 rental units and 10 bedrooms total; Each building offers 2,680 SF with separate entrances and a 1BR/1BA on the first floor plus 2BR/1BA units on the second and third floors; Two garages plus five assigned parking spaces with secure, fenced/perimeter parking
