Elmhurst, NY 11373,8307 Grand AVE
Elmhurst, NY 11373,8307 Grand AVE
Elmhurst, NY 11373,8307 Grand AVE
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27
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28
Dec
$1,350,000
Est. payment /mo
1,141 Sqft Lot
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UPDATED:

Key Details

Property Type Mixed Use, Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 911540

Rental Info No

Year Built 1945

Annual Tax Amount $9,183

Lot Size 1,141 Sqft

Acres 0.0262

Property Sub-Type Mixed Use

Source onekey2

Property Description

Prime mixed-use investment opportunity located on one of Elmhurst's busiest commercial corridors. The property consists of a ground-floor retail unit currently occupied by a music store and two residential apartments on the second floor (front and rear), each configured with 2 bedrooms and 1 bathroom. A full basement provides additional utility and storage space.

The building measures 20 ft x 55 ft on a 20 ft x 57 ft lot, with a total interior area of approximately 3,300 square feet. The property is equipped with two separate electric meters, gas meters, and boilers.

Financials:
• Current monthly rental income: $6,920
• All units fully leased with stable, paying tenants (delivered occupied)
• Annual property tax: $9,183

Location Highlights:
• Excellent visibility on Grand Avenue, Elmhurst's thriving commercial strip
• Direct access to Q58 bus service to Flushing Main Street
• 9-minute walk to M/R subway lines
• Surrounded by supermarkets, restaurants, laundromats, and neighborhood amenities

Zoning: R4, C1-3 (mixed-use)

Rare opportunity to acquire a fully income-producing mixed-use property in a high-demand Elmhurst location with strong appreciation potential.

Location

State NY

County Queens

Rooms

Basement Finished

Interior

Heating Baseboard, Natural Gas

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features Garage, Private, Shared Driveway

Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected

Total Parking Spaces 1

Building

Lot Description Near Public Transit

Story 2

Foundation Brick/Mortar

Sewer Public Sewer

Water Other

Structure Type Brick

Others

Special Listing Condition None


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Listed by E Realty International Corp • Zhen Chen

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Randy Reis

Randy Reis

+1(917) 336-1118

Team Leader | License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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