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Property summary
Built in 1945, this mixed-use building includes a ground-floor retail unit and two residential apartments on the second floor, plus a full basement for utility and storage. The retail space is occupied by a music store, while each apartment has two bedrooms and one bathroom. The building provides approximately 3,300 square feet of interior space and sits on a 20-foot by 57-foot lot with a 20-foot by 55-foot building footprint. Separate electric and gas services are provided for the commercial… and residential portions, with individual boilers supporting each component. The property is located on Grand Avenue in Elmhurst, with Q58 bus service connecting to Flushing Main Street and the M/R subway lines located about a 9-minute walk away. Nearby amenities include supermarkets, restaurants, laundromats, and other neighborhood services. The property is zoned R4 and C1-3 for mixed-use development.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 14 qualifying comparable sales.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 16 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 3,300 SF
- Lot area
- 0.03 ac
- Year built
- 1945
- Stories
- 2
- APN
- 02493-0033
- Zoning
- R4
- Assessed value · 2024
- $83,640
- Annual tax · 2024
- $8,664
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2024
- $8,664
- Selected cap rate
- Commercial (general) · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Elmhurst market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
This district is designed to provides for moderate density housing with a mix of residential building types, except for zero lot line buildings, ensuring adequate open space and spacing for suburban style neighborhoods
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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