9106 43rd AVE, Elmhurst, NY 11373
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Randy Reis

Randy Reis

+1(917) 435-4870
$1,388,000
Est. payment /mo
1,755 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 947743

Rental Info No

Year Built 1931

Annual Tax Amount $34,465

Lot Size 1,755 Sqft

Acres 0.0403

Property Sub-Type Mixed Use

Source onekey2

Property Description

Prime mixed-use investment opportunity located on a busy stretch of 43rd Avenue in the heart of Elmhurst, surrounded by established retail, residential density, and strong foot traffic. This brick building features a ground-floor restaurant space with excellent street presence, plus two residential units above, offering multiple income streams and upside potential. The commercial unit can generate approximately $8,400/month, while the second-floor 2-bedroom and third-floor 3-bedroom units offer projected rents ranging from $2,300–$4,000 and $3,500–$5,000 respectively, depending on level of renovation. Solid structure, classic brick, and windowed residential floors provide strong fundamentals for both long-term hold or value-add strategies. Ideal for investors seeking stable income in one of Queens' most active rental markets, with close proximity to major transportation, restaurants, and neighborhood amenities.
There is an open tax lien on the property of $89,000. Will be settled before/by closing.

Seller is willing to hold paper up to approximately $400,000. Buyer is required to come up with 1 million minimum.

Location

State NY

County Queens

Rooms

Basement Full

Interior

Heating Radiant

Cooling None

Fireplace No

Exterior

Parking Features On Street, Open

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Trash Collection Public, Water Connected

Building

Lot Description Back Yard, Near Public Transit, See Remarks

Story 3

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Special Listing Condition None

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OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Douglas Elliman Real Estate • Jacob Rothstein

NEARBY SCHOOL & BUSINESS

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Randy Reis

Randy Reis

+1(917) 435-4870

Team Leader | License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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