5725 Van Horn St Elmhurst, NY 11373
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.