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Renovated Apartment Building

30-53 82nd Street, East Elmhurst, NY 11370

For Sale
$2,500,000

Updated interiors feature steel appliances and a French-door refrigerator.

Property Size3,200 SF
Days on Market49

Property Features for 30-53 82nd Street

General Information

Standard status Active
Size 3,200 SF
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $28,272

Amenities

steel appliances
French door refrigerator
six separate boilers + meters

Building Details

Building Size 3,200 SF
Year Built 1929
Listing Agency: Winzone Realty Inc
Listed By: Sophia Sarachainantakul
Source: Serhant
Added: Sep 21 Changed: Nov 5 Last Checked: Nov 6 at 6:18PM

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 Winzone Realty Inc

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Investment Insights

Based on property information with market context.

This apartment building, constructed in 1929, has undergone renovation with modernized interiors and steel appliances. A French-door refrigerator is included among the in-place kitchen features. The property also has six separate boilers and meters, providing distinct building infrastructure for the apartment configuration.

Key Highlights

  • Renovated interiors with modern finishes
  • Steel appliances included
  • French‑door refrigerator

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$78,222
Cap Rate
3.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,564,440 $1.6M
Cap Rate 7%
$1,117,457 $1.1M
Cap Rate 9%
$869,133 $869.1K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$147.8K $46.20/SF
− Vacancy
−$5.6K −$1.76/SF
EGI
$142.2K $44.44/SF
− OpEx
−$64.0K −$20.00/SF
NOI
$78.2K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,564,440
Cap Rate 7%
$1,117,457
Cap Rate 9%
$869,133

Alternative Uses

Best Use
Apartment 5plus
$1.12M
$977.8K – $1.30M (±1% cap)
NOI $78,222 @ 7.0% cap · market cap 3.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.36M
$2.06M – $2.75M (±1% cap)
NOI $165,135 @ 7.0% cap · market cap 6.61%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

1,549
Businesses Nearby

Demographics for 11370, NY

34,683
Population
11,679
Households
3
Avg Household Size
38
Median Age
25%
College-Educated
77%
High-School Grad
1.5 sq mi
ZIP Area
23,122
Density / Sq Mi
$74,895
Median Household Income
$43,313
Median Earnings
$2,071
Median Rent
$843,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Apartment buildings in Queens County, NY

$604 Jul
$530 Aug
$537 Sep
$479 Oct

Properties on Market for Apartment buildings in Queens County

Jul
Aug
Sep
Oct

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?
Apartment building - Updated interiors feature steel appliances and a French-door refrigerator.
Where is this apartment building located?
The property is located at 30-53 82nd Street East Elmhurst, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Renovated interiors with modern finishes; Steel appliances included; French‑door refrigerator
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