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Renovated Triplex with Separate Entrances
New
For Sale
$1,599,000

85-25 56th Avenue, Elmhurst, NY 11373

Residential Income, Elmhurst, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market2

Property Features for 85-25 56th Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bedroom 3, Bedroom 6, Bedroom 4, Bedroom 1, Basement, Bathroom 2, Bedroom 2, Bedroom 5, Bathroom 1
Parking 2
Parking features Driveway
Interior features Granite Counters, High Ceilings
Exterior features Awning(s)
Fencing Perimeter
Basement Walk-Out Access, Full, Finished, Storage Space
Lot features Back Yard, Front Yard, Near Public Transit, Near School, Near Shops, Paved
Elementary school Ps 102 Bayview
Middle school Is 73 Frank Sansivieri Intermediate School (The)
High school Newtown High School
Elementary school district Queens 24
Middle school district Queens24
High school district Queens24
Directions Queens Blvd to 56 Avenue make a right - Across Target & Queens Center Mall
Standard status Active
APN 02879-0129
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6973

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Baseboard, Energy Star Qualified Equipment (Heating), Natural Gas
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Amenities

in-unit washer/dryer
gated backyard

Building Details

Year built 1915
Number of units 3
Flooring type Hardwood
Building materials Stucco
Architectural style Colonial
Listing Agency: Greene Realty Group
Listed By: Derek J. Greene · License #0225265075
Added: Sep 10 Changed: Sep 11 Last Checked: Sep 11 at 5:06PM
MLS# 1048630

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 detached Colonial triplex occupies a 25-by-100-foot lot and is scheduled to be delivered vacant at closing. A secure interior vestibule provides separately locked access to each apartment. The first-floor residence includes two bedrooms, an eat-in kitchen, a full bath, in-unit laundry, and access to a gated rear area with an awning. The second-floor apartment offers three bedrooms, one bathroom, a living area, an eat-in kitchen, and dedicated laundry. A finished basement adds an open loft-style area, full bathroom, kitchen/bar area, private entrance, and included utilities.

A 2008 gut renovation updated the electrical and plumbing systems and added hardwood flooring. Separate utility meters serve the first and second floors. The property has public water and sewer, natural-gas baseboard heat, wall/window cooling units, stucco construction, and a driveway with perimeter fencing. It is located two blocks from Queens Boulevard, near the Grand Ave–Newtown M/R station and Q29 bus line, with Queens Center Mall, Target, Best Buy, Rego Park Shopping Center, Elmhurst Hospital, and P.S. 102 Bayview nearby.

Key Highlights

  • Triplex on a 25x100 lot with delivery 100% vacant at closing
  • 2008 gut renovation with updated electrical, plumbing, and hardwood flooring
  • Separate locked entrances serve all three independent apartments

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Spa & Massage Center Hair Salon

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

Lease Details

3
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,513
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Detached multifamily property with three independent apartments, a finished lower level, gated outdoor space, and driveway parking.
Where is this triplex located?
The property is located at 85-25 56th Avenue Elmhurst, NY.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Triplex on a 25x100 lot with delivery 100% vacant at closing; 2008 gut renovation with updated electrical, plumbing, and hardwood flooring; Separate locked entrances serve all three independent apartments
More about this property
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