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Property profile & analytics
OFF-MARKET
Mixed-use properties

5725 Van Horn St Elmhurst, NY 11373

11,000 SF Built 1980
Property ID
Property summary
AI-generated overview

This exceptional six-story mixed-use building at 57-25 Van Horn Street in Elmhurst, NY, presents a compelling investment opportunity. Boasting 11,000 square feet of space, the property is currently fully occupied, with tenants responsible for 100% of their utilities. Each unit features separate meters and a PTECH unit, simplifying management and minimizing expenses. The residential units are currently leased below market rates, offering significant potential for increased revenue and return on investment. Its prime location offers unparalleled convenience. Situated just two blocks from Queens Boulevard, it provides easy access to the Long Island Expressway and Grand Central Parkway. A short walk to the Woodhaven Boulevard subway station grants access to the E, F, M, and R subway lines, ensuring effortless commutes throughout the city. Residents enjoy proximity to major Queens attractions, including Flushing Meadows Park, Citi Field, and the USTA Tennis Center. Furthermore, the Queens Center Mall and Queens Place Mall are within a short, 0.4-mile walk. This property represents a rare chance to acquire a high-performing, well-located asset with substantial upside potential in a thriving Queens neighborhood. The building's strong tenant base and below-market rents create a solid foundation for immediate income and long-term growth. The efficient design and low operating costs further enhance its attractiveness to discerning investors. This is a truly exceptional opportunity not to be missed.

Property profile
Verified
Property type Mixed-use properties
Year built 1980
Total area 11,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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