92-31 55Th AveElmhurst, NY 11373

For Sale
$1,788,888

Prime Elmhurst location, three-family home, great potential.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional mixed-use investment property, located at 92-31 55th Avenue in Elmhurst, New York, presents a compelling opportunity for discerning investors. Situated on a generous 40x100 lot, this three-family home boasts a total of 3360 square feet and offers ample parking for five or more vehicles. The property features seven bedrooms and five bathrooms, spread across three levels, each with its own separate entrance. The first floor includes a two-bedroom, two-bathroom unit with a living and dining room. The second floor mirrors this layout, also featuring two bedrooms, two bathrooms, a living room, dining room, and kitchen, and benefits from two separate electric/gas meters. The third floor comprises two bedrooms and one bathroom. A finished basement provides additional space, including a family room and boiler room. Its prime location in the heart of Elmhurst, directly behind Queens Center Mall, ensures high visibility and accessibility. The property is within walking distance of the E, M, and R subway lines and numerous bus routes, providing convenient transportation to Manhattan. The asking price is $1,788,888. This property offers significant potential for rental income and future appreciation, making it an ideal addition to any investment portfolio.

Highlights

  • $1,788,888 asking price.
  • Mixed-use property.
  • 3,360 square feet.
  • Three-family home with seven bedrooms and five bathrooms.
  • Located in Elmhurst, NY, near Queens Center Mall.
  • Features separate entrances for each unit and ample parking.

Location Insight

City
Elmhurst
County
36081
State
New York
Latitude
40.7377445
Longitude
-73.869305
92-31 55Th Ave, Elmhurst, New York
Leaflet | © OpenStreetMap contributors

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92-31 55Th Ave
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