Mixed-Use Building with
For Sale
$2,388,000
31-04 107th Street E, Elmhurst, NY 11369
Built in 2021, the property includes six leased 1-bedroom apartments and an occupied storefront barbershop.
Property SizeContact for details
Days on Market34
Property Features for 31-04 107th Street E
General Information
Standard status
Active
Total Parking Spaces
1
Property subtype
Commercial
Occupancy
100%
Additional Details
Highway Access
Yes
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$40,236
Amenities
private balconies
backyard
Building Details
Year Built
2021
Stories
4
Listing Agency:
Daniel Gale Sothebys Intl Rlty
(516) 992-2888
Listed By:
Hillary Y. Li CBR (hillaryli@danielgale.com)
Source:
Iaquintarealestate
Added: Jul 20
Changed: Aug 8
Last Checked: Aug 21 at 7:56AM
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 Daniel Gale Sothebys Intl Rlty
Investment Insights
Based on property information with market context.
Built in 2021, this mixed-use property features six residential units plus one ground-floor storefront. The residential portion consists of six 1-bedroom, 1-bathroom apartments, with some units offering private balconies. The storefront is currently occupied by a barbershop.
The building is modernly constructed with separate boilers, heating systems, electric meters, and gas meters for each unit. The owner is responsible only for water. The property includes one parking spot and access to a backyard.
All units are currently occupied, providing the next owner with an opportunity to begin collecting rental income immediately. The location offers convenient access to the Grand Central Parkway and nearby 7 train service, with bus routes providing additional connections toward Manhattan and surrounding areas. The property is also close to Flushing Meadows–Corona Park, Citi Field, as well as restaurants, shopping, and everyday conveniences.
The building is modernly constructed with separate boilers, heating systems, electric meters, and gas meters for each unit. The owner is responsible only for water. The property includes one parking spot and access to a backyard.
All units are currently occupied, providing the next owner with an opportunity to begin collecting rental income immediately. The location offers convenient access to the Grand Central Parkway and nearby 7 train service, with bus routes providing additional connections toward Manhattan and surrounding areas. The property is also close to Flushing Meadows–Corona Park, Citi Field, as well as restaurants, shopping, and everyday conveniences.
Key Highlights
- Built in 2021 mixed‑use building with 6 occupied 1‑bedroom, 1‑bath apartments plus 1 storefront
- Storefront is occupied by a barbershop; all units currently occupied for immediate rental income
- Separate boilers, heating systems, electric meters, and gas meters for each unit; owner responsible only for water
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,169
Businesses Nearby
Explore this area
Business Placement
Demographics for 11369, NY
40,805
Population
13,893
Households
2.9
Avg Household Size
37
Median Age
24%
College-Educated
79%
High-School Grad
1.1 sq mi
ZIP Area
37,095
Density / Sq Mi
$80,577
Median Household Income
$40,089
Median Earnings
$1,983
Median Rent
$734,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Built in 2021, the property includes six leased 1-bedroom apartments and an occupied storefront barbershop.
Where is this apartment building located?
The property is located at 31-04 107th Street E Elmhurst, NY.
What is the asking price?
The asking price for this property is $2,388,000.
What are key features of this property?
This property features: Built in 2021 mixed‑use building with 6 occupied 1‑bedroom, 1‑bath apartments plus 1 storefront; Storefront is occupied by a barbershop; all units currently occupied for immediate rental income; Separate boilers, heating systems, electric meters, and gas meters for each unit; owner responsible only for water
