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$1,900,000

For Sale

Delisted 10/18/2025

6,294 ft²

$301 per ft²

28 rooms

8 beds

8 baths

Seller's agent

Bruce D Friedberg, Esq.

Licensed Associate Real Estate Broker

Douglas Elliman

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Listing by Douglas Elliman, Limited Liability Broker, 575 Madison Avenue -, New York, NY 10022 | Brokerage Listing ID: 23406301

Common charges

Not applicable

Estimated payment

$7,823/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

No info

Tax abatement

No info

About

Seller’s agent

/

Bruce D Friedberg, Esq.

Licensed Associate Real Estate Broker

Douglas Elliman

description

Elmhurst Investment Opportunity - 7.3 Cap Rate!

Built in 2002, this well-maintained 4-story, 7-unit multifamily building with 1 commercial space offers a high-yield 7.3 cap rate in the heart of Elmhurst, Queens. Spanning 6,300 SF, the 25 ft x 54 ft building sits on a 25 ft x 100 ft lot and benefits from a 421a tax abatement.

Fully 100% occupied, the property features separately metered electric and gas, with tenants covering their own utilities.

Policies

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Home features

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Building amenities

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About the building

91-16 43rd Avenue

91-16 43rd Avenue, Elmhurst, NY 11373

Rental building inElmhurst

7 units

4 stories

2002 built

Property history

  • Price Change: No changes
  • Days on market: 129 daysThis is the number of days the listing has been on StreetEasy.
DatePriceEvent

10/18/2025

$1,900,000

Delisted by Douglas Elliman

6/11/2025

$1,900,000

Listed by Douglas Elliman

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Explore Elmhurst

Transit

LocationDistance

7at 90th St Elmhurst

0.37 miles

MRat Elmhurst Av

0.39 miles

MRat Grand Av–Newtown

0.44 miles

7at Junction Blvd

0.46 miles

7at 82nd St–Jackson Heights

0.6 miles

About Elmhurst

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

SalesMedian asking price

8 beds

$1.55M

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