Mixed-Use Building with Convenience
52-02 92nd Street, Elmhurst, NY 11373
For Sale
New
$988,000
Residential Income, Elmhurst, NY
Property Size2,500 SF
Lot Size0.04 Acres
Price / SF$395.20
Days on Market1
Property Features for 52-02 92nd Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Subdivision
Standard status
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Building Details
Year built
Floors in Building
Buildings
Listing Agency:
JZ REAL ESTATE PARTNERS LLC
Listed By:
Jennifer Zajfe · License NY #10491213944
Added: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 12067527
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2,500-square-foot mixed-use building combines a ground-level convenience store with two one-bedroom apartments on the upper floor. An unfinished basement provides additional space, and the property is offered in as-is condition. Built in 1925, the building occupies a 1,917-square-foot lot at a corner location in Elmhurst.
The property is located at 52-02 92nd Street in Elmhurst, Queens, NY 11373. The building’s commercial and residential components are arranged within a 25' x 50' structure on a 33' x 58' lot.
The property is located at 52-02 92nd Street in Elmhurst, Queens, NY 11373. The building’s commercial and residential components are arranged within a 25' x 50' structure on a 33' x 58' lot.
Key Highlights
- Ground‑floor convenience store with two one‑bedroom apartments above
- 2,500 square feet of building area on a 1,917‑square‑foot lot
- Unfinished basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,111
Cap Rate
6.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,222,220
$1.2M
Cap Rate 7%
$873,014
$873.0K
Cap Rate 9%
$679,011
$679.0K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$115.5K $46.20/SF
− Vacancy
−$4.4K −$1.76/SF
EGI
$111.1K $44.44/SF
− OpEx
−$50.0K −$20.00/SF
NOI
$61.1K $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%
$1,222,220
Cap Rate 7%
$873,014
Cap Rate 9%
$679,011
Alternative Uses
Best Use
Specialty Retail
$1.65M
$1.45M – $1.93M
NOI $115,706 @ 7.0% cap · market cap 11.71%
Second Best
Apartment 5plus
$873.0K
$763.9K – $1.02M
NOI $61,111 @ 7.0% cap · market cap 6.19%
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M
NOI $129,012 @ 7.0% cap · market cap 13.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
5,029
Businesses Nearby
408k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Apparel 34%
Shops & Services 11%
Home Improvements & Furnishings 4%
JCPenney
Apparel
137,981 visits/mo
0.4 miles
Olive Garden
Dining
72,662 visits/mo
0.4 miles
Dunkin' Donuts
Dining
41,038 visits/mo
0.4 miles
White Castle
Dining
21,521 visits/mo
0.3 miles
Citibank
Shops & Services
16,364 visits/mo
0.3 miles
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
$683,200
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Queens County, NY
Properties on Market for Mixed-use properties in Queens County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two one-bedroom apartments sit above a ground-floor retail space, with an unfinished basement below.
Where is this mixed-use property located?
The property is located at 52-02 92nd Street Elmhurst, NY.
What is the asking price?
The asking price for this property is $988,000.
What are key features of this property?
This property features: Ground‑floor convenience store with two one‑bedroom apartments above; 2,500 square feet of building area on a 1,917‑square‑foot lot; Unfinished basement
