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About This Home

This 0-bedroom, 0-bathroom single family at 9106 43rd Avenue in Elmhurst, NY is listed for $1,388,000. Built in 1931, on a 0.04 acres lot.

Agent 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.

Key Features

  • Built in 1931
  • 0.04 acre lot
  • 3 stories

Property Details

3 stories
1931

Monthly Cost Estimate

$7,423/mo

20% down · 6.5% · 30 years

Principal$1,004
Interest$6,015
Insurance$405

Estimates only. Actual payments may vary.

Location

9106 43rd Avenue

Elmhurst, NY 11373

Property Details

Construction

Brick

Parking

OpenOn Street

Heating

Radiant

Questions & Answers

This 0-bedroom, 0-bathroom single family at 9106 43rd Avenue is listed at $1,388,000. The estimated monthly payment is $6,015 based on 20% down at 6.5% interest.

Key features include: Built in 1931, 0.04 acre lot, 3 stories.

This property is listed by Jacob Rothstein and can be reached at 9177510812 or jack.rothstein@elliman.com.

JR

Jacob Rothstein

Agent at Douglas Elliman Real Estate

(917) 751-0812

Listed by Douglas Elliman Real Estate

MLS# 947743· Source: listhub· Updated 150 days ago

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9106 43rd Avenue, Elmhurst, NY 11373

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