$10,000 Closing Credit¹
#816255, Listing Office: Coldwell Banker American Homes
$1,799,000 List price
86-20 57th Rd Elmhurst, NY 11373
$10,000
Closing credit¹
0 beds
Multi-Family
Property details
About 86-20 57th Rd
Calling All Investors, Developers, & End-Users!!! 5 Unit Free Market Apartment Building In Elmhurst For Sale!!! The Property Features Excellent Signage, Great Exposure, R5 Zoning, High 8’ Ceilings, Full Basement, Private Driveway & Garage, 6 Parking Spaces, Separate Meters, 200 Amp Power, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Elmhurst 2 Blocks Off Queens Blvd. Near The I-495 Woodhaven Blvd. Exit!!! The Property Is Situated Minutes From Queens Center & Rego Center!!! Neighbors Include Apple, Starbucks, Verizon, USPS, Target, Victoria’s Secret, Walgreens, Adidas, Marshalls, Shake Shack, Burlington, White Castle, Aldi, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site / The Next Home For Your Business!!! Income: 1st Floor Studio: $18,000 Ann.; M-M. 1 Br. Apt.: $24,000 Ann.; M-M. 2nd Floor 3 Br., 2 Bath Apt.: $54,000 Ann. (Available) 3rd Floor Front (1 Br. Apt.): $22,800 Ann.; M-M. Rear (1 Br. Apt.): $21,000 Ann.; M-M. LL Unit.(1 Br. Apt.): $19,200 Ann.; M-M. Garage: $8,500 Ann. (Available) Pro Forma Gross Income: $167,500 Ann. Expenses: Gas: $3,200 Ann. Electric: $1,400 Ann. Maintenance & Repairs: $250 Ann. Water & Sewer: $2,800 Ann Insurance: $3,263 Ann. Taxes: $30,618 Ann. Total Expenses: $41,531 Ann. Net Operating Income (NOI): $125,969 Ann. (Pro Forma 6.46 Cap!!!)
Highlights
Home typeQuadruplex
StatusActive
CoolingMulti Unit(s)
BasementYes
Year built1986
MLS #840149
Summary
- Basement: Yes
- Interior: Storage, Washer/Dryer Hookup
- Cooling: Multi Unit(s)
- List Price: $1,799,000
- Year Built: 1986
- MLS Number: 840149
- MLS Name: ONEKEY2
- Office Name: All Island Estates Realty Corp
- Office Phone: (516) 783-5600
Listings courtesy of OneKey MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/10/2025, 11:56:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,799,000
86-20 57th Rd
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
7
P.S. 102 Bayview School
Public District KG-5
0.2 mi
•5524 Van Horn St
6
P.S. 58 The School of Heroes
Public District KG-5
0.7 mi
•7224 Grand Ave
6
P.S. 7 Louis Simeone School
Public District PK-3
0.7 mi
•8055 Cornish Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $47,474. Typical income of Elmhurst, NY residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
36%
<35k
43%
35k-100k
16%
100k-200k
5%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
33%
Single, No Kids
9%
Single, with Kids
29%
Married, No Kids
29%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
7%
12-17 yrs old
29%
18-34 yrs old
42%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Art Museums
Men's Tennis
Live Theatre
Where do the neighbors shop?
Bloomingdales
Nordstrom Rack
Crate & Barrel
Where do the neighbors go to eat?
Starbucks
The Cheesecake Factory
Boston Market
What do the neighbors drive?
Audi
Volvo
Mercedes
What do the neighbors listen to?
News
Rhythmic Contemporary Hits- Alternative
All data provided by Home Junction and Claritas
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This home is located at 86-20 57th Rd in Elmhurst, NY and zip code 11373 in the Elmhurst neighborhood. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since March 27, 2025 and is currently priced at $1,799,000.
Elmhurst, NY housing market in April 2025 saw over 210 listings sold above listed price, more than 792 sold at listed price and over 652 sold below. The number of homes for sale in Elmhurst, NY increased by 1.7% between March and April 2025. Listings spent 131 days on the market in April 2025, and had a median list price of $870,078 during the same period.
From Rocket Homes Real Estate and based on county public records data.