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    87-86 52Nd Ave Flushing, NY 11373

    For Sale
    $1,598,000

    Three-family brick home in Elmhurst, convenient location near transportation.

    Lot size:
    0.03 Acres

    Property Features for 87-86 52Nd Ave

    General Information

    Lot size
    0.03 Acres

    Building Details

    Year built
    2004

    Source: Jamie Realty Group Agent Xiao Zheng

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Elmhurst Solid Brick Three-Family Home

    This is a three-family solid brick home constructed in 2004. The property is situated on a corner lot in a desirable Elmhurst location near Broadway. The building features a total of 6 bedrooms and 4 bathrooms. The layout includes two bedrooms, a kitchen, and a bathroom on each of the first, second, and third floors. The property also includes a full finished basement with a bathroom. The building has separated heat and hot water systems, along with 4 electric meters and 3 gas meters. The location is near numerous restaurants, shops, schools, a public library, Queens Place Mall, and Queens Center Mall. Public transportation is easily accessible with proximity to buses Q29, Q53-SBS, Q58, Q59, and Q60. The R train (Grand Ave - Newtown) subway station is a short 3-minute walk away. The property's appearance is rated as excellent.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    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
    Flushing
    County
    Queens
    State
    New York
    Longitude
    -73.908824
    Latitude
    40.735698

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    FAQs

    What type of property is this?
    Triplex - Three-family brick home in Elmhurst, convenient location near transportation.
    Where is this triplex located?
    The property is located at 87-86 52Nd Ave Flushing, NY.
    What is the asking price?
    The asking price for this property is $1,598,000.
    What are key features of this property?
    This property features: - Convenient location: Just a 3-minute walk to the R train (Grand Ave - Newtown) and close to multiple bus lines.; - Multi-family income potential: Features 3 separate units, each with 2 bedrooms, kitchen, and bathroom, and separated utilities.; - Relatively new construction: Built in 2004.
    (718) 886-0668
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    Flushing, NY 11373
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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
    87-86 52Nd Ave Flushing, NY 11373
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