40-42 82Nd St Queens, NY 11373
For Sale
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This exceptional mixed-use property, located at 4042 82nd Street in Elmhurst, NY, presents a lucrative investment opportunity. Situated on a 0.05-acre lot, this three-story building offers a diverse range of income-generating spaces. The ground floor comprises a retail store, ideal for a variety of businesses given its convenient location. The second and third floors each feature a spacious two-bedroom, one-bathroom apartment, combined with dedicated office space. This unique configuration allows for multiple income streams, catering to both commercial and residential tenants. The building's proximity to the 7 train at the 82nd Street station ensures excellent accessibility and high visibility for the retail space, attracting a substantial customer base. The residential units provide stable rental income, further enhancing the property's overall return on investment. This property is well-suited for an investor seeking a diversified portfolio with strong potential for appreciation and consistent cash flow. The combination of commercial and residential spaces makes this a truly unique and attractive investment opportunity in a thriving neighborhood. The building's solid construction and prime location make it a highly desirable asset in the Elmhurst market. Serious inquiries only.
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Guru Dental Dental Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
R6 · Flushing, NYFlushing. Always verify with local authorities before improvements.
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.