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Elmhurst Multifamily Investment Opportunity

9204 43rd Ave Queens, NY 11373

9204 43rd Ave, Queens, NY, 11373
$939,900
Pending
For Sale
$939,900
Pending

Well-maintained, three-story walk-up in a high-demand rental market.

Lot Size0.06 Acres
Days on Market88

Property Features for 9204 43rd Ave

General Information

Standard status
Pending
Lot size
0.06 Acres
Property subtype
Investment

Building Details

Year Built
1931
Listing Agency Douglas Elliman Real Estate
Listed by Christopher Espinal · License #40ES1144459
Source Elliman
Added: Apr 24 Updated: Jul 10 at 1:19 pm Checked: Jul 19 at 6:42 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Douglas Elliman Real Estate


Investment Insights

Based on property information with market context.

Located in Elmhurst, Queens, this meticulously maintained C2-class three-story walk-up presents an investment opportunity in a high-demand rental market. The semi-attached building measures 20' x 42' on a 25' x 100' lot. The property features a relatively new roof, new boiler, and a new hot water heater. The unfinished basement is clean, dry, and unoccupied, providing storage or future use potential. All apartments are well-kept, easily accessible, and occupied by long-term, reliable tenants, supported by an excellent rent roll. The property has been exceptionally well maintained throughout. Situated moments from Roosevelt Avenue with access to the 7 train, it is surrounded by multiple local bus lines along Broadway and Corona Avenue. The location provides convenient access to shopping, dining, schools, and all neighborhood conveniences. The bike score is 77, indicating it is very bikeable. The walk score is 98, designating it as a walker's paradise, and the transit score is 100, classifying it as a rider's paradise. This property will be sold together with an adjacent, identical building, which is separately listed, creating a rare chance to acquire a side-by-side portfolio in a premier location.

Key Highlights

  • Prime Elmhurst location: Perfect transit score (100) and excellent walk score (98), offering unparalleled access to transportation, shopping, and dining.
  • Opportunity to acquire a side‑by‑side portfolio with an adjacent, identical building, maximizing investment potential.
  • Stable income from long‑term, reliable tenants with an excellent rent roll.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Nursing Home Nursing Home Acupuncture Garden Center (Bike/Boat/Book/etc) Store Hotel & Motel (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Well-maintained, three-story walk-up in a high-demand rental market.
Where is this apartment building located?
The property is located at 9204 43rd Ave Queens, NY.
What is the asking price?
The asking price for this property is $939,900.
What are key features of this property?
This property features: Prime Elmhurst location: **Perfect transit score (100) and excellent walk score (98)**, offering unparalleled access to transportation, shopping, and dining.; Opportunity to acquire a side‑by‑side portfolio with an adjacent, identical building, maximizing investment potential.; Stable income from long‑term, reliable tenants with an excellent rent roll.
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