Elmhurst Multifamily Investment
For Sale
$939,900
Pending
9204 43rd Ave, Queens, NY 11373
Well-maintained, three-story walk-up in a high-demand rental market.
Lot Size0.06 Acres
Days on Market99
Property Features for 9204 43rd Ave
General Information
Standard status
Pending
Lot size
0.06 Acres
Property subtype
Investment
Building Details
Year Built
1931
Listing Agency:
Douglas Elliman Real Estate
(917) 945-5418
Listed By:
Christopher Espinal · License #40ES1144459
(917) 945-5418
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 30 at 10:46AM
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 Douglas Elliman Real Estate
Investment Insights
Based on property information with market context.
Located in Elmhurst, Queens, this meticulously maintained C2-class three-story walk-up presents an investment opportunity in a high-demand rental market. The semi-attached building measures 20' x 42' on a 25' x 100' lot. The property features a relatively new roof, new boiler, and a new hot water heater. The unfinished basement is clean, dry, and unoccupied, providing storage or future use potential. All apartments are well-kept, easily accessible, and occupied by long-term, reliable tenants, supported by an excellent rent roll. The property has been exceptionally well maintained throughout. Situated moments from Roosevelt Avenue with access to the 7 train, it is surrounded by multiple local bus lines along Broadway and Corona Avenue. The location provides convenient access to shopping, dining, schools, and all neighborhood conveniences. The bike score is 77, indicating it is very bikeable. The walk score is 98, designating it as a walker's paradise, and the transit score is 100, classifying it as a rider's paradise. This property will be sold together with an adjacent, identical building, which is separately listed, creating a rare chance to acquire a side-by-side portfolio in a premier location.
Key Highlights
- Prime Elmhurst location: Perfect transit score (100) and excellent walk score (98), offering unparalleled access to transportation, shopping, and dining.
- Opportunity to acquire a side‑by‑side portfolio with an adjacent, identical building, maximizing investment potential.
- Stable income from long‑term, reliable tenants with an excellent rent roll.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
7,526
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, three-story walk-up in a high-demand rental market.
Where is this apartment building located?
The property is located at 9204 43rd Ave Queens, NY.
What is the asking price?
The asking price for this property is $939,900.
What are key features of this property?
This property features: Prime Elmhurst location: **Perfect transit score (100) and excellent walk score (98)**, offering unparalleled access to transportation, shopping, and dining.; Opportunity to acquire a side‑by‑side portfolio with an adjacent, identical building, maximizing investment potential.; Stable income from long‑term, reliable tenants with an excellent rent roll.
