Residential For Sale91-16 43rd Avenue, New York City, New York 11373

91-16 43rd Avenue, New York City, New York 11373

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Property Description

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!

Basic Details
Property Type:
Residential
Listing Type:
For Sale
Listing ID:
RLS20014683
Price:
$1,875,000
View:
Other
Bedrooms:
7
Rooms:
28
Bathrooms:
7
Year Built:
2002
Status:
Active
Office Name:
Douglas Elliman Real Estate
Agent Name:
BRUCE D FRIEDBERG
Full Bathrooms:
7
Property Sub Type:
Multi Family
Features
Cooling System:
Window Unit(s)
Basement:
Other
Patio:
None
Exterior Features:
Private Outdoor Space Over 60 Sqft
Interior Features:
Smoke Free
Laundry Features:
In Unit
Address Map
Country:
US
State:
NY
County:
Queens
City:
New York City
Zipcode:
11373
Street:
43RD
Street Number:
91-16
Street Suffix:
Avenue
Longitude:
W74° 7' 34.1''
Latitude:
N40° 44' 36''
Additional Information
Building Size:
1350
Entry Level:
1
Lot Size Dimensions:
100.00x25.00
Number Of Units Total:
8
On Market Date:
2025-04-07
Previous Price:
1900000
Stories Total:
4
Financial
Tax Annual Amount:
11844.0
Listing Information
List Agent Mls Id:
118162
List Office Mls Id:
51
Modification Timestamp:
2026-02-23T14:34:07Z
Originating System Name:
RLS
Special Listing Conditions:
Standard
Status Change Timestamp:
2025-04-07T12:17:18Z
Residential For Sale
Listing ID:
RLS20014683
Bedrooms:
7
Bathrooms:
7
$1,875,000
Agent info
Contact Agent