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Box-Style Multifamily Building
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76-17 47th Ave, Queens, NY 11373

Eight box-style residential units include studios, one-bedrooms, and a two-bedroom unit in a 1979-built property.

Days on Market111

Property Features for 76-17 47th Ave

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: ARM Real Estate Group LLC
Listed By: ANAND MELWANI · License #NY 49ME1182035
Source: Crexi
Added: Apr 11 Changed: Jul 21 Last Checked: Jul 23 at 11:25AM

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 ARM Real Estate Group LLC

Investment Insights

Based on property information with market context.

This box-style multifamily building contains eight residential units, including three studio apartments, four one-bedroom apartments, and one two-bedroom apartment. The property was built in 1979 and currently benefits from Free Market status since the 421a tax abatement has already burned off.

The asset is located near the Elmhurst Avenue subway stop, served by the E, F, M, R and 7 trains, providing convenient transit access for residents.

The offering is noted as being capable of sale as a package with 76-19 47th Avenue.

Key Highlights

  • 8 box‑style residential units: 3 studios, 4 one‑bedroom, and 1 two‑bedroom
  • Built in 1979
  • Located near the Elmhurst Avenue subway stop with E, F, M, R and 7 trains

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Nursing Home Butcher Adult Day Care Tanning Salon Pet Grooming Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,737
Businesses Nearby

Demographics for 11373, NY

105,712
Population
34,797
Households
3
Avg Household Size
38
Median Age
30%
College-Educated
75%
High-School Grad
1.5 sq mi
ZIP Area
70,475
Density / Sq Mi
$71,470
Median Household Income
$36,043
Median Earnings
$1,913
Median Rent
$683,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Eight box-style residential units include studios, one-bedrooms, and a two-bedroom unit in a 1979-built property.
Where is this apartment building located?
The property is located at 76-17 47th Ave Queens, NY.
What are key features of this property?
This property features: 8 box‑style residential units: 3 studios, 4 one‑bedroom, and 1 two‑bedroom; Built in 1979; Located near the Elmhurst Avenue subway stop with E, F, M, R and 7 trains
(212) 464-8815 Call to check price and availability
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