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Multifamily Property Requiring Renovation
For Sale
$799,000

22-17 97th Street, East Elmhurst, NY 11369

The occupied property is offered in as-is condition and requires a gut renovation.

Property SizeContact for details
Days on Market23

Property Features for 22-17 97th Street

General Information

Standard status Active
Property subtype Multi-Unit (2-4)

Property Condition

Severity Major Repairs Needed
Evidence gut renovation

Additional Details

Tenant in Place Yes

Building Details

Year Built 2000
Tenancy Multi
Listing Agency: Gosen properties
Listed By: Emmanuel Victor
Source: Gosenproperties
Added: Oct 8 Changed: Oct 28 Last Checked: Oct 28 at 4:28PM

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 Gosen properties

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Investment Insights

Based on property information with market context.

Built in 2000, this multifamily property is occupied by tenants and requires a gut renovation. The sale is subject to third-party approval, and the property is being offered in its current as-is condition.

Showings are limited to drive-by viewing; occupants should not be disturbed.

Key Highlights

  • Built in 2000
  • Tenant‑occupied; drive‑by viewing only
  • Gut renovation required; conveyed as‑is

Property Analytics

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Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,056
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - The occupied property is offered in as-is condition and requires a gut renovation.
Where is this multifamily property located?
The property is located at 22-17 97th Street East Elmhurst, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Built in 2000; Tenant‑occupied; drive‑by viewing only; Gut renovation required; conveyed as‑is
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