91-16 43Rd Ave Queens, NY 11373
For Sale
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Elmhurst Investment Opportunity - 7.3 Cap Rate! Built in 2002, this well-maintained 4-story, 7-unit multifamily building with 1 commercial space offers a high-yield 7.3 cap rate in the heart of Elmhurst, Queens. Spanning 6,300 SF , the 25 ft x 54 ft building sits on a 25 ft x 100 ft lot and benefits from a 421a tax abatement . Fully 100% occupied , the property features separately metered electric and gas , with tenants covering their own utilities. Each unit has its own independent heating system, ensuring low low operating costs. Strong rental income and location make this an exceptional turn-key investment opportunity. Don't miss out on this rare find- contact us today! bikeScore: 77, Very Bikeable walkScore: 98, Walker's Paradise transitScore: 100, Rider's Paradise
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Impacto Satelital FM105.5 Radio Station Telecommunications Service
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.