Entity Owned Property summary
This exceptional commercial property, located at 8219 Queens Blvd in Elmhurst, NY, presents a remarkable investment opportunity. The 2,865 square foot building sits on a 0.07-acre lot (31ft x 40ft x 102ft deep) and boasts a prime location in the heart of Elmhurst, just minutes from the Grand Ave subway station (E, F, M, R trains) and numerous bus lines (Q60, Q58, Q53, Q59, Q29). Previously used as a restaurant, club, and senior center, the property's C2-3 zoning with an R6 overlay allows for… a diverse range of business uses. The property's significant development potential is highlighted by its adjacency to a lot of 2,812 square feet, which has achieved a 13,424 square foot buildable area based on a 100-foot wide street. This demonstrates the potential for up to a 3 FAR (Floor Area Ratio) with community facility uses allowing up to 1 FAR and commercial uses also allowing up to 1 FAR. Given the identical zoning to the adjacent property, this 2,865 square foot lot could potentially allow for a maximum 4.85 FAR, resulting in a buildable area of approximately 13,895 square feet, combining residential and commercial uses. Priced at $2,990,000, this property offers a compelling opportunity for savvy investors seeking high-return potential in a thriving Elmhurst location. Don't miss this chance to acquire a property with significant upside.
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 13 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
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 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
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 focuses on medium density housing in areas with higher accessibility to transportation and community services, allowing for a variety of residential building types with appropriate spacing and open space
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.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight
