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10,920 ft²

$228 per ft²

45 rooms

18 beds

9 baths

reported sale

Sold on 10/25/2023

Not yet verified by closing records

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Seller's agent

James Chung

Licensed Associate Real Estate Broker

Keller Williams Realty Landmark

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Listing by Keller Williams Realty Landmark, Limited Liability Broker, 1700 Lakeville Road, New Hyde Park, NY 11040

Common charges

Not applicable

Estimated payment

$16,472/mo

Legal disclaimerAll calculations are estimates provided by StreetEasy for informational purposes only. Actual amounts or financing terms may vary. Please contact your mortgage provider for specifics.

Taxes

$3,500/mo

Tax abatement

No info

About

Seller’s agent

/

James Chung

Licensed Associate Real Estate Broker

Keller Williams Realty Landmark

description

Excellent investment opportunity. Rent stabilized 9-unit 4 story brick building located in the heart of Elmhurst. Gross annual income $190,000. All units are 2 bedrooms, 1 bath, living room and formal dining room. 1 unit has been completely renovated and all other are very well kept. 1 unit is owner occupied and it will be delivered vacant. The legal basement apartment is vacant and needs work.

Policies

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Home features

  • Hardwood floors

Building amenities

No info on building amenities

About the building

83-24 Dongan Avenue

83-24 Dongan Avenue, Elmhurst, NY 11373

Rental building inElmhurst

9 units

4 stories

1931 built

Property history

  • Price Change: ↓ $700,000 (-21.9%) on 7/5/23
  • Days on market: 211 daysThis is the number of days the listing has been on StreetEasy.
DatePriceEvent

10/25/2023

$2,500,000

Sold by Keller Williams Realty Landmark

9/27/2023

$2,500,000

In contract

7/5/2023

$2,500,000

Price decreased by 22%

2/28/2023

$3,200,000

Listed by Keller Williams Realty Landmark

Past listing photos

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Explore Elmhurst

Transit

LocationDistance

MRat Elmhurst Av

0.15 miles

MRat Grand Av–Newtown

0.21 miles

7at 82nd St–Jackson Heights

0.57 miles

7at 90th St Elmhurst

0.61 miles

MRat Woodhaven Blvd

0.65 miles

About Elmhurst

Rental prices shown are base rent before any fees. Visit listings for cost and fees breakdown.

Though it may seem far from the action, the dense and bustling neighborhood of Elmhurst, Queens, is a major hub for commerce and transportation. The E, F, M, R, and 7 trains; the Long Island Rail Road; the Brooklyn-Queens Expressway; and the Long Island Expressway all run through Elmhurst, making Manhattan accessible in 20 minutes. This surfeit of commuting options also contributes to a decidedly frenetic feel, with the constant buzz amplified by Elmhurst's busy commercial scene.

There are two malls here, along with countless big-box stores, groceries, medical offices, and restaurants. In fact, the wealth of eateries makes this one of the city's best neighborhoods for culinary exploration. In addition to transportation and commerce, the central Queens enclave has plenty of housing stock: a mixture of two-family houses, apartment buildings, and condos, all priced well below Manhattan standards.

Learn more about Elmhurst