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Elmhurst Multifamily Investment Opportunity

8834 54th Ave Queens, NY 11373

8834 54th Ave, Queens, NY, 11373
$3,750,000
For Sale
$3,750,000

Well-maintained 7-unit residential building in a desirable location.

Days on Market85

Property Features for 8834 54th Ave

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
2022
Listing Agency CHASE GLOBAL REALTY CORP
Listed by Fei Guo
Source Elliman
Added: Apr 24 Checked: Jul 17 at 4:49 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 CHASE GLOBAL REALTY CORP


Investment Insights

Based on property information with market context.

This well-maintained residential building is located in Elmhurst. The property features 7 units, offering an investment opportunity with income-producing potential. The location provides convenient access to shopping, restaurants, parks, and public transportation, facilitating commutes to Manhattan and other areas of Queens. Situated in a vibrant neighborhood, the property benefits from strong rental demand. The location has a bike score of 55, indicating it is bikeable, a walk score of 64, indicating it is somewhat walkable, and a transit score of 74, indicating excellent transit options.

Key Highlights

  • Multiple income‑producing units (7) offering a great investment opportunity.
  • Excellent transit score (74) with easy access to Manhattan and other parts of Queens.
  • Located in a vibrant and highly desirable neighborhood with strong rental demand.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Auto Repair Shop Building Supply Auto Parts Store Dental Office Law Firm Big Box & Wholesale Store Hair Salon Spa & Massage Center Pharmacy

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

FAQs

What type of property is this?
Apartment building - Well-maintained 7-unit residential building in a desirable location.
Where is this apartment building located?
The property is located at 8834 54th Ave Queens, NY.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Multiple income‑producing units (7) offering a great investment opportunity.; Excellent transit score (74) with easy access to Manhattan and other parts of Queens.; Located in a vibrant and highly desirable neighborhood with strong rental demand.
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