Elmhurst Mixed-Use Investment
5607 Junction Blvd, Elmhurst, NY 11373
New
MULTI_FAMILY - Elmhurst, NY
Property size:
1,104 SFLot size:
0.06 AcresPrice / SF:
$2,531/SF- Added:
- May 8, 2026
- Days on Market:
- 1
- Last Refresh:
- May 8 at 9:06 pm
Property Features for 5607 Junction Blvd
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- Open
- Interior features
- First Floor Full Bath
- Basement
- Full
- Standard status
- Active
- Size
- 1,104 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 7146
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1972
- Number of units
- 3
- Building materials
- Brick
Listing agent Xun Lin (347) 387-9337
Listing office New Group Realty Inc 3509 Prince St Fl 2, Flushing, NY (718) 255-9100
Listing date May 8, 2026
MLS# 997214
Listing URL
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HighLights
- Vacant mixed‑use property offering immediate income potential or owner‑occupancy.
- Prime location on a major commercial thoroughfare in Elmhurst, close to multiple subway lines (E, M, R, F), Queens Center Mall, and supermarkets.
- Strong investment opportunity with a current 6% CAP rate and potential to reach 7%+, coupled with exceptionally low annual taxes ($7,146).
- Spacious residential units: each apartment features 3 bedrooms and 2 bathrooms.
- High‑ceiling basement with separate entrance provides additional usable space.
- Well‑maintained brick building (23x48) on a 25x100 lot, built in 1972, zoned R5, R6A, and C1‑2.
Overview
This mixed-use property is located in Elmhurst and features a ground-floor deli storefront with two oversized residential units above. The 3-story building has dimensions of 23x48 on a 25x100 lot. The second and third floors each contain a 3-bedroom, 2-bathroom apartment, including a full kitchen, dining area, and living room. The property also features a high-ceiling basement with a separate entrance. The property is situated on a major commercial thoroughfare, minutes from the E, M, R, F subway lines, Queens Center Mall, and supermarkets. Zoned R5, R6A, and C1-2, the property has annual taxes of $7,146. The property is delivered vacant. The property is currently operating at a 6% CAP with a clear trajectory to 7%+.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Skyblue Deli
Food Market
Location Insight
- Map
- Local Demand
- City
- Elmhurst
- County
- Queens
- State
- New York
- Longitude
- -73.865829
- Latitude
- 40.737045
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with storefront and two residential units in Elmhurst.
Where is this mixed-use property located?
The property is located at 5607 Junction Blvd Elmhurst, NY.
What is the asking price?
The asking price for this property is $2,795,000.
What are key features of this property?
This property features: Vacant mixed‑use property offering immediate income potential or owner‑occupancy.; Prime location on a major commercial thoroughfare in Elmhurst, close to multiple subway lines (E, M, R, F), Queens Center Mall, and supermarkets.; Strong investment opportunity with a current 6% CAP rate and potential to reach 7%+, coupled with exceptionally low annual taxes ($7,146).
