Two Semi-Attached 3-Family Buildings

90-25A & Lot 155 Elmhurst Avenue Jackson Heights, NY 11372

Claim this Listing
New
For Sale
$1,900,000

MULTI_FAMILY - Other - Jackson Heights, NY

Property size:
5,360 SF
Lot size:
0.07 Acres
Price / SF:
$354/SF
Added:
Jul 9, 2026
Days on Market:
4
Last Refresh:
Jul 12 at 2:06 am

Property Features for 90-25A & Lot 155 Elmhurst Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Rooms
Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 5, Bedroom 3, Bathroom 2
Parking
6
Parking features
Parking Lot
Interior features
Entrance Foyer
Exterior features
Lighting, Mailbox
Fencing
Fenced, Perimeter
Standard status
Active
APN
01478-0032
Lot size
0.07 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
18361

Utilities

Sewer type
Public Sewer
Heating system
Baseboard, Natural Gas
Cooling system
Varies by Unit, Window Unit(s), Wall/Window Unit(s)
Water source
Public

Building Details

Year built
1955
Number of units
3
Building materials
Block, Brick
Architectural style
Other

Listing agent Kevin M. Leatherman ABR SFR C2EX A

Listing office Leatherman Homes 25 S Village Ave, Rockville Centre, NY

Listing date Jul 9, 2026

MLS# 1019795 Listing URL

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 offering includes two semi-attached, legal 3-family buildings sold together as a package. The combined configuration features six rental units with 10 bedrooms and six full bathrooms. Each building has a total of 2,680 square feet and an efficient layout designed for straightforward day-to-day management.

Each building provides separate entrances. The first floor includes a spacious common lobby, boiler room access, a one-bedroom, one-bath unit, and a private garage. The second-floor units are two bedroom, one bath, and the third-floor units are also two bedroom, one bath. At 90-27, the second-floor unit includes a large private deck with access to the yard. The properties also include gas heat, gas hot water, two private garages, and secure, fenced assigned parking with five spaces. Additional features include side area for organized garbage storage, rear outdoor shared space at 90-27, and a clean mechanical setup.

The buildings are located at 90-25A & 90-27 Elmhurst Avenue and are registered with HPD. Both properties have surveillance cameras with NVRs installed in the 90-27 garage. Brick pointing was completed around 2018, and new windows were installed on the 1st and 3rd floors around 2018.

Key Highlights

  • Two semi‑attached legal 3‑family buildings sold together at 90‑25A and 90‑27 Elmhurst Ave, Jackson Heights (6 rental units).
  • 6 units total with 10 bedrooms and 6 full baths across the two buildings.
  • Each building offers 2,680 SF; separate entrances and functional unit layouts.

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 $247.6k $46.20
− Vacancy −$9.4k −$1.76
EGI $238.2k $44.44
− OpEx −$107.2k −$20.00
NOI $131.0k $24.44
5,360 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$1.87M
$1.64M – $2.18M (±1% cap)
NOI $131,022 @ 7.0% cap · market cap 6.90%
Second Best
Multifamily LT 5
$1.27M
$1.11M – $1.48M (±1% cap)
NOI $88,717 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$3.95M
$3.46M – $4.61M (±1% cap)
NOI $276,602 @ 7.0% cap · market cap 14.56%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Nursing Home Nursing Home Carpet & Flooring Store Hotel & Motel Garden Center Catering Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Package sale includes two semi-attached legal 3-family buildings with six units, parking, and outdoor space.
Where is this triplex located?
The property is located at 90-25A & Lot 155 Elmhurst Avenue Jackson Heights, NY.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Two semi‑attached legal 3‑family buildings sold together at 90‑25A and 90‑27 Elmhurst Ave, Jackson Heights (6 rental units).; 6 units total with 10 bedrooms and 6 full baths across the two buildings.; Each building offers 2,680 SF; separate entrances and functional unit layouts.
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