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Colonial Quadplex with Basement Unit

94-68 45th Avenue Elmhurst, NY 11373

94-68 45th Avenue, Elmhurst, NY, 11373
$1,480,000
For Sale
$1,480,000

MULTI_FAMILY - Colonial - Elmhurst, NY

Lot Size0.04 Acres
Days on Market27

Property Features for 94-68 45th Avenue

General Information

Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
11
Bathrooms
7
Rooms
Bedroom 3, Bedroom 10, Bathroom 2, Bathroom 4, Bathroom 7, Bedroom 9, Bedroom 11, Bedroom 7, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 6, Bedroom 8, Bathroom 3, Bedroom 4, Bathroom 5, Bathroom 6, Bedroom 5, Basement
Basement
Finished, Full
Standard status
Active
APN
01602-0037
Lot size
0.04 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
38031

Utilities

Water source
Public

Building Details

Year built
2017
Number of units
4
Building materials
Brick
Architectural style
Colonial
Listing agency Winzone Realty Inc
Listed by Rebecca Fang
Added: Jun 25 Updated: Jul 17 at 9:21PM Checked: Jul 21 at 8:06AM
MLS# 1018406

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 colonial quadplex at 94-68 45th Avenue includes four residential units: a first floor unit with cellar and three upper apartments. The rent roll provided is $3,100 for the 1F & Cell unit (5.5 rooms) and $2,660, $2,680, and $2,500 for the 2F, 3F, and 4F apartments (6.5 rooms each). According to the provided expenses, real estate taxes are $38,031, insurance is $3,031, water/sewer is $5,936, electric is $563, and maintenance is $1,450, resulting in gross income of $130,450. The remarks also state that tenants pay their own heat and electricity.

Located in Elmhurst, Queens, the building is described as being near transportation and shopping, with additional proximity to schools noted in the listing.

The property is positioned for investors or owner-users seeking a straightforward, fully free-market rental setup with tenant-paid utilities. With a defined rent roll and expense breakdown included, it offers an information-forward option for underwriting multifamily housing in Elmhurst.

Key Highlights

  • Brick Colonial building built in 2017
  • Public water source
  • Rent roll: 1F & Cell offers 5.5 rooms at $3,100

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Nursing Home Hotel & Motel Nursing Home Garden Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

FAQs

What type of property is this?
Quadplex - Four free-market apartments with separate tenant-paid heat and electricity in a Queens colonial multifamily building.
Where is this quadplex located?
The property is located at 94-68 45th Avenue Elmhurst, NY.
What is the asking price?
The asking price for this property is $1,480,000.
What are key features of this property?
This property features: Brick Colonial building built in 2017; Public water source; Rent roll: 1F & Cell offers 5.5 rooms at $3,100
Contact an agent
More about this property
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