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Multifamily Property with Natural Light
For Sale
Contact for pricing
Pending

2240 98th Street, New York, NY 11369

Spacious interiors offer daylight and access to schools, retail, dining, transit, LaGuardia Airport, and major highways.

Property SizeContact for details
Days on Market361

Property Features for 2240 98th Street

General Information

Standard status Pending
Property subtype Land, Multifamily

Additional Details

Public Transit Yes
Listing Agency: Real Broker NY LLC
Listed By: Luz Muy Palaguachi
Source: Crexi
Added: Sep 10, 2025 Changed: Aug 31 Last Checked: Aug 31 at 3:39AM

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 Real Broker NY LLC

Investment Insights

Based on property information with market context.

This multifamily property in East Elmhurst, NY 11369 offers spacious interior areas with natural light. The property may accommodate either residential occupancy or an investment-oriented ownership strategy, as supported by the existing property description.

The surrounding area provides access to schools, shopping, restaurants, public transportation, LaGuardia Airport, and major highways. These nearby conveniences support both everyday residential use and connectivity throughout the area.

Key Highlights

  • Spacious interiors with natural light
  • Access to schools, shopping, and restaurants
  • Public transportation available nearby

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Restaurant Spa & Massage Center

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

1,065
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

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?
Multifamily property - Spacious interiors offer daylight and access to schools, retail, dining, transit, LaGuardia Airport, and major highways.
Where is this multifamily property located?
The property is located at 2240 98th Street New York, NY.
What is the asking price?
The asking price for this property is $998,000.
What are key features of this property?
This property features: Spacious interiors with natural light; Access to schools, shopping, and restaurants; Public transportation available nearby
(917) 302-1313 Call to check price and availability
More about this property
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