Listing Agency: SERHANT

Listed By: Owen Toland · License #10301224759

Source: Crexi

Added: Sep 1 Changed: Oct 1 Last Checked: Oct 19 at 4:44AM

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Investment Insights

Based on property information with market context.

Located at 83-13 Broadway in Elmhurst, Queens, this two-story mixed-use property contains 2,576 SF. The building combines a commercial restaurant tenancy with two free-market residential units that are currently vacant.

The restaurant tenant has a long-term tenancy, while the residential component is available for occupancy. This configuration brings together an established commercial use and two vacant residential units within a single property.

Key Highlights

• 2,576 SF two‑story mixed‑use property
• Long‑term restaurant tenant
• Two 100% free‑market residential units currently vacant

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Parking Lot & Garage Hotel & Motel Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,145

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

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Restaurant occupancy is paired with two vacant free-market residential units in Elmhurst, Queens.

Where is this mixed-use property located?

The property is located at 83-13 Broadway Elmhurst, NY.

What is the asking price?

The asking price for this property is $1,850,000.

What are key features of this property?

This property features: 2,576 SF two‑story mixed‑use property; Long‑term restaurant tenant; Two 100% free‑market residential units currently vacant