51-107 Manilla St Queens, NY 11373
This exceptional mixed-use property, situated at 51-107 Manilla Street in the vibrant Elmhurst neighborhood of Queens, New York (zip code 11373), presents a compelling investment opportunity. Boasting a substantial 2080 square feet of floor space, this building offers significant potential for a variety of uses. Constructed in 2018, the property is relatively new and benefits from modern construction. The building sits on a generous 3025 square foot lot, providing ample space and potential for future expansion or development. Its location in the heart of Elmhurst places it within easy reach of a diverse range of amenities, including shops, restaurants, and public transportation. The asking price for this property is $1,700,000. This represents a strong value proposition for investors seeking a well-located, versatile property in a thriving New York City neighborhood. The property's size and location make it ideal for both owner-occupancy and rental income generation. Further due diligence is recommended to fully assess the potential of this promising investment. Detailed financial information is available upon request.
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.