Current Use by Public Records
- Mixed-use properties
Property Details for 92-31 55Th Ave
- Property type
- Mixed-use properties
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Elmhurst
- County
- 36081
- State
- New York
- Longitude
- -73.8693
- Latitude
- 40.7377
