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54-47 83rd St, Elmhurst, NYC

HomeListingsElmhurst › 54-47 83rd St

$1,450,000
Active 1 days on market
MLS# 1052753

54-47 83rd St

📍 Elmhurst, Elmhurst, NY 11373

6.0
Beds
5.0
Baths
3,528
Sqft
$411
Per sqft
1989
Year built
Land
Type

About this property

Well-maintained legal 4-family property located in the desirable Elmhurst neighborhood, conveniently close to Queens Center Mall, major shopping areas, and I-495 (Long Island Expressway). Situated in an established residential community with strong rental demand. The property features approximately 3,528 sqft of building area with a building size of 21 × 56 ft, set on a 21 × 100 ft lot, zoned R5. Built in 1989. This income-producing property currently generates approximately $10,850 in monthly rental income, offering stable tenants and consistent cash flow. Excellent opportunity for investors seeking a solid long-term income property in a prime Queens location with convenient ac
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Amenities & features

LEGAL 4-FAMILY PROPERTYELMHURST NEIGHBORHOODCLOSE TO QUEENS CENTER MALLSTRONG RENTAL DEMANDINCOME-PRODUCING PROPERTYSTABLE TENANTS

Key facts

Strong rental demand
Stable tenants
2,100 sq ft lot

Property details

Property typeLand
Listing statusActive
Lot size2,100 sqft
Year built1989
Days on market1 days
MLS #1052753

Estimated monthly payment

Listing price$1,450,000
Down payment (20%)$290,000
Loan amount$1,160,000
Principal & interest (7%, 30yr)$7,717/mo
Property tax (est.)$1,410/mo
Home insurance (est.)$604/mo
Estimated total$9,731/mo

Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.

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