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Image 1 - 85-03A 57th Avenue, New York, NY 11373, USA - House for sale
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Home For Sale In Elmhurst, New York
85-03A 57th Avenue, New York, NY 11373, USA

Home For Sale In Elmhurst, New York

house for sale
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Listed: 04/17/24

85-03A 57th Avenue, New York, NY 11373, USA

9 Bed:
7 Bath:
5,560 Sq Ft Living Area:
Save
Price
$ 2,19M

About This House

Exceptional Investment Opportunity in Elmhurst! Presenting a meticulously maintained 6 Family building featuring a rare 12-year tax abatement. With the added bonus of three parking spaces and an indoor garage, convenience is paramount. Currently fully occupied, this property yields a robust gross income of$140K,with expenses totaling just $16K. Ideal for savvy investors or those exploring a 1031 exchange, this property offers both stability and potential. Situated near restaurants, public transportation, and the bustling Queens Center Mall, it ensures convenience and attraction for tenants. Don't miss out on this prime opportunity to secure your investment future!

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Queens County Housing & Living

Average sale prices for houses

3 bed
4+ bed
Show as List Show as Graph
In April 2024, the asking price for 3 bed houses for sale in/near Queens County, New York, United States averaged $885,781, an increase of 1.8% from the previous month.
Median price trends for properties for sale in Queens County, New York, United States as of April 2024.

Household Income

Median household income: $63,799
Number of households: 3,2M
The average household income in New York, NY grew from $60,879 to $63,799 in the past year. This data is an estimate based upon 3,2M households in New York, NY.
The chart below presents how household income is distributed in New York, NY in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in New York, NY compared to median property taxes around the country. The prevalent amount of property taxes in New York, NY equals $3k+ , which is more than the national average.