51-101 Manilla St Elmhurst, NY 11373
This exceptional mixed-use property, situated at 51-101 Manilla Street in the vibrant Elmhurst neighborhood of Queens, New York, presents a compelling investment opportunity. Built in 2018, this property boasts approximately 2,080 square feet of floor space, ideally suited for a variety of uses. The building's strategic location within the 11373 zip code places it within easy reach of Elmhurst's bustling commercial corridors, diverse residential areas, and excellent transportation links. The property sits on a generous 3,025 square foot lot, offering potential for future expansion or development, subject to local zoning regulations. The asking price is $1,700,000. This represents a rare chance to acquire a well-maintained, recently constructed mixed-use building in a highly sought-after area of Queens, New York. The property's size and location make it an attractive prospect for both seasoned investors and those seeking a strong foothold in the New York City real estate market. Further due diligence is recommended to fully assess the property's potential and suitability for your investment strategy. Detailed financial information and property disclosures are 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
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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.