6-Unit Brick Apartment
32-10 82nd Street, East Elmhurst, NY 11370
For Sale
$1,049,000
The six residences include a mix of one- and two-bedroom layouts, plus private parking behind the building.
Property Size3,900 SF
Price / SF$268.97
Days on Market82
Property Features for 32-10 82nd Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Units
Construction
Listing Agency:
Blue Brick Real Estate
(718) 614-8349
Listed By:
Antonino Lo Verme · License #10491211001
(917) 837-2072
Source:
Croninreale
Added: Aug 19
Changed: Nov 7
Last Checked: Nov 7 at 2:06PM
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 Blue Brick Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1928, this semi-detached brick multifamily property contains six apartments: four one-bedroom units and two two-bedroom units. Two private outdoor parking spaces sit at the rear of the building.
The property is at 32-10 82nd Street, East Elmhurst, NY 11370. Nearby commercial corridors include Northern Boulevard and surrounding streets with shops, restaurants, supermarkets, and everyday services. Bus routes serve the area, and subway access includes the 7 train at 82nd Street and the E, F, M, R, and 7 lines at Jackson Heights–Roosevelt Avenue.
The property is at 32-10 82nd Street, East Elmhurst, NY 11370. Nearby commercial corridors include Northern Boulevard and surrounding streets with shops, restaurants, supermarkets, and everyday services. Bus routes serve the area, and subway access includes the 7 train at 82nd Street and the E, F, M, R, and 7 lines at Jackson Heights–Roosevelt Avenue.
Key Highlights
- Six apartments: four one‑bedroom units and two two‑bedroom units
- Two private outdoor parking spaces at the rear
- Semi‑detached brick building constructed in 1928
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$95,333
Cap Rate
9.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,906,660
$1.9M
Cap Rate 7%
$1,361,900
$1.4M
Cap Rate 9%
$1,059,256
$1.1M
Market Conditions
NOI Build-Up for 3,900 SF
Gross rent
$180.2K $46.20/SF
− Vacancy
−$6.8K −$1.76/SF
EGI
$173.3K $44.44/SF
− OpEx
−$78.0K −$20.00/SF
NOI
$95.3K $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%
$1,906,660
Cap Rate 7%
$1,361,900
Cap Rate 9%
$1,059,256
Alternative Uses
Best Use
Apartment 5plus
$1.36M
$1.19M – $1.59M
NOI $95,333 @ 7.0% cap · market cap 9.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.88M
$2.52M – $3.35M
NOI $201,259 @ 7.0% cap · market cap 19.19%
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
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
1,549
Businesses Nearby
Explore this area
Business Placement
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
Properties on Market for Apartment buildings in Queens County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - The six residences include a mix of one- and two-bedroom layouts, plus private parking behind the building.
Where is this apartment building located?
The property is located at 32-10 82nd Street East Elmhurst, NY.
What is the asking price?
The asking price for this property is $1,049,000.
What are key features of this property?
This property features: Six apartments: four one‑bedroom units and two two‑bedroom units; Two private outdoor parking spaces at the rear; Semi‑detached brick building constructed in 1928
