54-47 83RD Street, Elmhurst, NY 11373
MULTI_FAMILY - Elmhurst, NY
- Added:
- Mar 16, 2026
- Days on Market:
- 105
- Last Refresh:
- Jun 28 at 9:06 am
Property Features for 54-47 83RD Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- Driveway
- Basement
- Full
- Standard status
- Active
- APN
- 02905-0178
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 39239
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1989
- Number of units
- 4
- Building materials
- Brick
Listing agent Hsin Yuan Yang License #10311205376 (646) 688-8998
Listing office E Realty International Corp 3907 Prince St Ste 4D, Flushing, NY (718) 886-8110
Listing date Mar 16, 2026
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.
HighLights
- Legal 4‑family property generating approximately $10,850 monthly rental income with stable tenants.
- Prime Elmhurst location, close to Queens Center Mall, major shopping, and I‑495.
- Strong rental demand in an established residential community.
- Building size of 21 * 56 ft on a 21 * 100 ft lot, zoned R5.
- Constructed of brick in 1989.
- Includes driveway parking and basement.
Overview
The home is situated in an established residential community in Elmhurst. It is conveniently close to Queens Center Mall and other major shopping areas, and offers easy access to I-495 (Long Island Expressway).
For investors or buyers seeking a stabilized, income-producing multifamily asset, this four-family structure provides four rental units under one ownership. The property’s legal status and current rent roll support straightforward portfolio integration, while the location offers proximity to everyday amenities and major transportation access along I-495.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $163.0k | $46.20 |
| − Vacancy | −$6.2k | −$1.76 |
| EGI | $156.8k | $44.44 |
| − OpEx | −$70.6k | −$20.00 |
| NOI | $86.2k | $24.44 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Elmhurst
- County
- Queens
- State
- New York
- Longitude
- -73.880954
- Latitude
- 40.730748
