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About This Home

This 0-bedroom, 0-bathroom single family at 8307 Grand Avenue in Elmhurst, NY is listed for $1,328,000. Built in 1945, on a 0.03 acres lot.

Agent 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.

Key Features

  • Built in 1945
  • 0.03 acre lot
  • 2 stories
  • 1 parking spaces

Property Details

2 stories
1 space
1945

Amenities

A/C

Monthly Cost Estimate

$7,102/mo

20% down · 6.5% · 30 years

Principal$960
Interest$5,755
Insurance$387

Estimates only. Actual payments may vary.

Location

8307 Grand Avenue

Elmhurst, NY 11373

Property Details

Construction

Brick

Parking

GarageDriveway

Heating

Natural GasBaseboard

Cooling

Wall/Window Unit(s)Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom single family at 8307 Grand Avenue is listed at $1,328,000. The estimated monthly payment is $5,755 based on 20% down at 6.5% interest.

Key features include: Built in 1945, 0.03 acre lot, 2 stories, 1 parking spaces.

This property is listed by Zhen Chen and can be reached at 9178151188 or cindie.z.chen@gmail.com.

ZC

Zhen Chen

Agent at E Realty International Corp

(917) 815-1188

Listed by E Realty International Corp

MLS# 949794· Source: listhub· Updated 144 days ago

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8307 Grand Avenue, Elmhurst, NY 11373

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