9509 57th Ave Flushing, NY 11373-4616
Property profile & analytics
9509 57th Ave Flushing, NY 11373-4616
- Retail space
- 1,510 SF
- 0.04 lot acres
Property ID
US63-3888009
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Retail space
Property Details for 9509 57th Ave
- Year built
- 1993
- Lot size
- 0.04 lot acres
- Property size
- 1,510 SF
- Zone code
- R6A
- Property type
- Retail space
- APN
- 01903-0001
- APU
- 19030001
Description
This exceptional mixed-use property, situated on a 0.04-acre lot (20x82.9 feet) in Elmhurst, NY, presents a lucrative investment opportunity. The 1,510-square-foot building, constructed in 1993 and fully renovated, boasts new plumbing, electrical, and a 2-year-old gas system. Currently, the first floor generates a substantial monthly income of $10,000 from a restaurant tenant. The property's R6A and C1-2 zoning allows for a significant buildable area of 5,016 square feet, offering considerable future development potential. Its prime location in a bustling Elmhurst neighborhood provides easy access to public transportation, schools, a library, banks, and supermarkets, with the Queens Mall just a 5-minute walk away. This brick building represents a rare chance to acquire a high-performing, mixed-use asset in a highly desirable area with strong rental income and significant upside potential. The property's recent renovations ensure minimal maintenance needs, maximizing return on investment. This is a must-see for discerning investors seeking a strong, established income stream with future expansion possibilities. The property is priced at $1,998,000.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,320,000
- ML approach
- $1,400,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,304,000
Market price range: $787k - $1.32M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,120,000 Current use
- AUTO REPAIR, GARAGE
- $2,080,000 Change: +86% Conversion: Difficult
- OFFICE BUILDING
- $1,030,000 Change: -8% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Flushing
- County
- Queens
- State
- New York
- Longitude
- -73.8655
- Latitude
- 40.737
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$20,257
$60,750
$139,050
$199,800
-
$135,000
$309,000
$444,000
