Two Semi-Attached 3-Family Buildings

90-27 Elmhurst Avenue Jackson Heights, NY 11372

Claim this Listing
New
For Sale
$1,700,000

MULTI_FAMILY - Other - Jackson Heights, NY

Property size:
5,360 SF
Lot size:
0.05 Acres
Price / SF:
$317/SF
Added:
Jul 9, 2026
Days on Market:
4
Last Refresh:
Jul 12 at 1:06 am

Property Features for 90-27 Elmhurst Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Rooms
Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 5, Bedroom 3, Bathroom 2, Bedroom 1
Parking
1
Parking features
Garage
Patio and Porch features
Patio
Interior features
Entrance Foyer
Exterior features
Balcony, Lighting, Mailbox
Fencing
Perimeter, Fenced
Standard status
Active
APN
01478-0030
Lot size
0.05 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
10380

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Baseboard
Cooling system
Window Unit(s), Wall/Window Unit(s), Varies by Unit
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# 1018981 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.

Two semi-attached, legal 3-family buildings are offered together, featuring a total of six rental units with 10 bedrooms and six full baths. The efficient layouts include separate entrances for each building, spacious common lobbies with boiler room access, and secure package-delivery accommodations. Each building provides an assigned private garage and secured, fenced parking with five assigned spaces total. The mechanical setup includes gas heat and gas hot water. At 90-27 Elmhurst Avenue, the second-floor unit includes a large private deck with access to the yard, along with rear shared outdoor space and a side area for organized garbage storage.

The properties are located at 90-25A and 90-27 Elmhurst Avenue in Jackson Heights. Transportation is convenient to the E, F, M, R, and 7 trains at the Jackson Heights-Roosevelt Avenue/74th Street station, plus multiple bus routes and quick access to major roadways. Midtown Manhattan is approximately 20 to 25 minutes away.

Both buildings are registered with HPD. Surveillance cameras with NVRs are installed in the 90-27 garage. Building improvements include brick pointing completed around 2018 and new windows on the first and third floors around 2018.

Key Highlights

  • Package of two semi‑attached legal 3‑family buildings on Elmhurst Ave (90‑25A & 90‑27), offering 6 rental units total
  • Total of 10 bedrooms and 6 full baths across both buildings, with separate entrances and functional layouts
  • Each building has 2,680 SF of space; gas heat and gas hot water

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 7.71%
Second Best
Multifamily LT 5
$1.27M
$1.11M – $1.48M (±1% cap)
NOI $88,717 @ 7.0% cap · market cap 5.22%
Theoretical Best
Office A
$3.95M
$3.46M – $4.61M (±1% cap)
NOI $276,602 @ 7.0% cap · market cap 16.27%
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 includes six units across two legal 3-family buildings with gas heat, five parking spaces, and two private garages.
Where is this triplex located?
The property is located at 90-27 Elmhurst Avenue Jackson Heights, NY.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Package of two semi‑attached legal 3‑family buildings on Elmhurst Ave (90‑25A & 90‑27), offering 6 rental units total; Total of 10 bedrooms and 6 full baths across both buildings, with separate entrances and functional layouts; Each building has 2,680 SF of space; gas heat and gas hot water
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