Sherry S. Khan
Call: (516) 606-1272
Text: (516) 606-1272
BEDS0
BATHS
MLS#912667
STATUSActive
PROPERTY TYPECommercial -
SCHOOLQueens 30
Property Description
Located in the heart of East Elmhurst, this newly built 2023 multi-family property with elevator offers a rare investment opportunity with a 35-year tax abatement. The building features six 2-bedroom units, one 4-bedroom unit, and one 5-bedroom unit, appealing to a broad range of tenants and household needs. With an annual rental income of $370,800, the property provides strong income potential in a convenient Queens location near LaGuardia Airport, shops, restaurants, supermarkets, schools, and public transportation. Seller financing is available for qualified buyers.
Property Features
Property Type: Commercial -
Basement: Finished, Full
Basement: Yes
Cooling: Ductless
Heating: Electric
Home Style: High Rise
Lot Size: 0.10 Acres
Taxes: $3,396
Year Built: 2023
Feature Descriptions
Appliances: Electric Water Heater
Building Area Total: 8881
Days on Site: 318
Exterior: Brick
Included In Taxes: Sewer
On Market Date: 2025-09-14
Parcel Number: 01370-0038
Parking Features: On Street
Rental Term: Monthly
Separate Gas Meters: 0
Sewer: Public Sewer
Units: 8
Utilities: Electricity Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public
Local Schools
High School: William Cullen Bryant High School
Middle School: Is 227 Louis Armstrong
Elementary School: East Elmhurst Community School
School District: Queens 30
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Listed By / Shown By
Listing By
Agency Name: Tony & William R E Brotherhood
Agency Contact: 347-368-6775
Shown By
Agent Name: Sherry S. Khan
Agent Phone: (516) 606-1272
Agency Title: Laffey Real Estate
25-56 97th Street | MLS# 912667
This commercial property located at 25-56 97th Street, East Elmhurst, NY 11369 is currently listed for sale with an asking price of $5,180,000. 25-56 97th Street is located within the Queens 30 school district. Search East Elmhurst real estate on sherrykhan.laffey.com today.