Brick Triplex With
For Sale
$1,700,000
Pending
90-27 Elmhurst Avenue, Jackson Heights, NY 11372
Residential Income, Jackson Heights, NY
Property Size2,680 SF
Lot Size0.05 Acres
Days on Market99
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Property Features for 90-27 Elmhurst Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 5, Bedroom 4, Bedroom 1
Parking
1
Parking features
Garage
Patio and Porch features
Patio
Interior features
Entrance Foyer
Exterior features
Balcony, Lighting, Mailbox
Fencing
Fenced, Perimeter
Lot features
Back Yard, Level, Near Public Transit, Near School, Near Shops
Elementary school
PS 89 Jose Peralta School Of Dreamers
Middle school
Is 230
High school
Newtown High School
Elementary school district
Queens 24
Middle school district
Queens 30
High school district
Queens24
Directions
Roosevelt Avenue to Elmhurst Avenue, located near interestion of 91st Street.
Standard status
Pending
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
Baseboard, Natural Gas
Cooling system
Wall/Window Unit(s), Varies by Unit, Window Unit(s)
Water source
Public
Amenities
private deck
outdoor space
secure fenced property
surveillance cameras
spacious lobby with skylight
Building Details
Year built
1955
Number of units
3
Building materials
Block, Brick
Architectural style
Other
Listing Agency:
Leatherman Homes
(516) 766-1400
Listed By:
Kevin M. Leatherman ABR SFR C2EX A · License #31LE1175078
(516) 984-1815
Added: Jul 9
Changed: Oct 5
Last Checked: Oct 15 at 4:06PM
MLS# 1018981
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 semi-attached brick triplex contains three rental apartments with a combined five bedrooms and three full bathrooms. The first floor includes a one-bedroom unit, lobby, boiler room access, and private garage. A two-bedroom apartment occupies the second floor and includes a private deck with stairs to the yard; another two-bedroom unit is located on the third floor. Gas heat, gas hot water, public utilities, perimeter fencing, and organized refuse storage are in place. Brick pointing and selected window replacements were completed approximately in 2018.
The property is located on Elmhurst Avenue in Jackson Heights, near shopping, dining, parks, and daily services. Jackson Heights-Roosevelt Avenue/74th Street provides access to the E, F, M, R, and 7 trains, with multiple bus routes and major road connections nearby. The building is registered with HPD and includes a garage, shared rear outdoor area, and secure package-delivery lobby.
The property is located on Elmhurst Avenue in Jackson Heights, near shopping, dining, parks, and daily services. Jackson Heights-Roosevelt Avenue/74th Street provides access to the E, F, M, R, and 7 trains, with multiple bus routes and major road connections nearby. The building is registered with HPD and includes a garage, shared rear outdoor area, and secure package-delivery lobby.
Key Highlights
- Three rental units with a combined 5 bedrooms and 3 full baths
- 0.0534‑acre lot with private garage and shared rear outdoor space
- Private deck with exterior stairs to the yard on the second‑floor unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,511
Cap Rate
3.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,310,220
$1.3M
Cap Rate 7%
$935,871
$935.9K
Cap Rate 9%
$727,900
$727.9K
Market Conditions
NOI Build-Up for 2,680 SF
Gross rent
$123.8K $46.20/SF
− Vacancy
−$4.7K −$1.76/SF
EGI
$119.1K $44.44/SF
− OpEx
−$53.6K −$20.00/SF
NOI
$65.5K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,310,220
Cap Rate 7%
$935,871
Cap Rate 9%
$727,900
Alternative Uses
Best Use
Apartment 5plus
$935.9K
$818.9K – $1.09M
NOI $65,511 @ 7.0% cap · market cap 3.85%
Second Best
Multifamily LT 5
$633.7K
$554.5K – $739.3K
NOI $44,358 @ 7.0% cap · market cap 2.61%
Theoretical Best
Office A
$1.98M
$1.73M – $2.31M
NOI $138,301 @ 7.0% cap · market cap 8.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
7,312
Businesses Nearby
Explore this area
Business Placement
Demographics for 11372, NY
68,000
Population
26,613
Households
2.6
Avg Household Size
41
Median Age
35%
College-Educated
81%
High-School Grad
0.7 sq mi
ZIP Area
97,143
Density / Sq Mi
$77,133
Median Household Income
$44,415
Median Earnings
$1,795
Median Rent
$454,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Legal three-family property with separate entrances, shared outdoor space, and a private garage connected to the lobby.
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: Three rental units with a combined 5 bedrooms and 3 full baths; 0.0534‑acre lot with private garage and shared rear outdoor space; Private deck with exterior stairs to the yard on the second‑floor unit
