Commercial Land for
For Sale
$8,500,000
4602 88th Street, Elmhurst, NY 11373
Commercial Sale, Elmhurst, NY
Property SizeContact for details
Lot Size0.15 Acres
Days on Market95
Property Features for 4602 88th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R7B
Elementary school district
Contact Agent
Middle school district
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High school district
Contact Agent
Standard status
Active
APN
01580-0023
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
12236
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1920
Number of units
73
Listing Agency:
Keller Williams Realty Greater
(516) 873-7100
Listed By:
Joseph DeVito ABR
(516) 770-3782
Added: May 18
Changed: Aug 19
Last Checked: Aug 20 at 2:06AM
MLS# 1001569
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 0.1503-acre commercial land parcel at 4602 88th Street in Elmhurst, Queens, is designated R7B under Map 9d. The site is approved for either 73 affordable housing units or 56 standard units, with parking requirements removed under the applicable zoning framework.
Maximum qualifying residential area is 49,931 square feet for affordable housing or 38,409 square feet for standard housing. Public water and public sewer serve the property, and cable service is available. The site is located in Elmhurst, NY 11373.
Maximum qualifying residential area is 49,931 square feet for affordable housing or 38,409 square feet for standard housing. Public water and public sewer serve the property, and cable service is available. The site is located in Elmhurst, NY 11373.
Key Highlights
- Approved for 73 affordable housing units or 56 regular units
- R7B zoning under Map 9d
- 49,931 sf maximum qualifying affordable housing area
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
7,526
Businesses Nearby
Explore this area
Business Placement
Demographics for 11373, NY
105,712
Population
34,797
Households
3
Avg Household Size
38
Median Age
30%
College-Educated
75%
High-School Grad
1.5 sq mi
ZIP Area
70,475
Density / Sq Mi
$71,470
Median Household Income
$36,043
Median Earnings
$1,913
Median Rent
$683,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - R7B-zoned development site with approved residential unit configurations and no parking requirement under zoning.
Where is this commercial land located?
The property is located at 4602 88th Street Elmhurst, NY.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: Approved for 73 affordable housing units or 56 regular units; R7B zoning under Map 9d; 49,931 sf maximum qualifying affordable housing area
