Elmhurst Multifamily Investment
For Sale
$3,750,000
8834 54th Ave, Queens, NY 11373
Well-maintained 7-unit residential building in a desirable location.
Days on Market99
Property Features for 8834 54th Ave
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
2022
Listing Agency:
CHASE GLOBAL REALTY CORP
(516) 587-9113
Listed By:
Fei Guo
(516) 587-9113
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 30 at 6:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CHASE GLOBAL REALTY CORP
Investment Insights
Based on property information with market context.
This well-maintained residential building is located in Elmhurst. The property features 7 units, offering an investment opportunity with income-producing potential. The location provides convenient access to shopping, restaurants, parks, and public transportation, facilitating commutes to Manhattan and other areas of Queens. Situated in a vibrant neighborhood, the property benefits from strong rental demand. The location has a bike score of 55, indicating it is bikeable, a walk score of 64, indicating it is somewhat walkable, and a transit score of 74, indicating excellent transit options.
Key Highlights
- Multiple income‑producing units (7) offering a great investment opportunity.
- Excellent transit score (74) with easy access to Manhattan and other parts of Queens.
- Located in a vibrant and highly desirable neighborhood with strong rental demand.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,513
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 7-unit residential building in a desirable location.
Where is this apartment building located?
The property is located at 8834 54th Ave Queens, NY.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Multiple income‑producing units (7) offering a great investment opportunity.; Excellent transit score (74) with easy access to Manhattan and other parts of Queens.; Located in a vibrant and highly desirable neighborhood with strong rental demand.
