4010 Forley St Elmhurst, NY 11373
For Sale
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This exceptional 3,568 square foot mixed-use building presents a rare investment opportunity in the heart of Elmhurst, NY. Situated on a 0.05-acre lot, this three-story property boasts a versatile layout ideal for a variety of uses. The first and second floors are commercially zoned, perfect for retail spaces, offices, or medical practices, capitalizing on the high foot traffic and proximity to numerous shops and restaurants. The building's prime location offers unparalleled convenience, being just steps away from the subway, ensuring easy accessibility for both employees and customers. Adding to its appeal, the third floor comprises a spacious three-bedroom residential apartment, providing an excellent opportunity for owner occupancy or generating additional rental income. This unique combination of commercial and residential space makes this property an attractive investment for those seeking to maximize their return in a thriving neighborhood. The expansive layout, combined with its strategic location and zoning, presents a compelling opportunity for investors and business owners alike to establish a successful and profitable venture. Don't miss this chance to own a piece of Elmhurst's vibrant commercial landscape.
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.