3201 junction, East Elmhurst, NY 11369
Queens County
Key Facts
Description
Prime Mixed-Use Corner Property in the heart of East Elmhurst! This well-maintained building offers an excellent investment opportunity with two residential units and two commercial storefronts. The property sits on a corner lot with great visibility and heavy foot and vehicle traffic. Lot size: approx. 2,040 SF Building size: 20 x 80 Commercial Units (1st Floor): • Front Store: Established laundromat with brand new machines installed in 2024, featuring 18 washers and 18 dryers. Stable and proven business—ideal for an owner-operator or investor seeking immediate cash flow. • Rear Store: Barbershop with a long-term tenant and stable rent. Residential Units (2nd Floor): • Front Unit: 3 bedrooms, 1 bathroom • Rear Unit: 2 bedrooms, 1 bathroom Both apartments are well laid out and in good condition with strong rental demand. The property is in excellent condition and offers multiple income streams, making it ideal for investors or buyers looking to operate the laundromat business while collecting rental income. High income potential – turnkey investment opportunity.
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Year Built
1920
Days on Market
61
MLS® Listing#
973516
Property Features
Interior
Cooling
Heating
Basement
Parking
Construction
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$17,075
Parcel Number
01424-0005
Affordability Calculator
$496,000
Estimated monthly payment
$13,200/mo
Principal $1,984,000 · Est. interest $2,767,857 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in East Elmhurst, NY
- $901,176
- Median Listing Price
- 62
- Median Days on Market
- 1,751
- Median Sq Ft
- $531
- Median Price / Sq Ft
- 586
- Active Listings
- This home’s price is 175% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in East Elmhurst, NY.
Location
Getting Around
Points of Interest in East Elmhurst, NY
Showing the East Elmhurst area map.
Nearby Schools
Louis Armstrong Middle School
Secondary · 0.1 mi away
P. S. 228q the Ivan Lafayette Early Childhood Magnet School of the Arts
School · 0.1 mi away
P. S. 228q the Ivan Lafayette Early Childhood School of the Arts
School · 0.1 mi away
PS 148
Elementary · 0.2 mi away
PS 149 Christa McAuliffe
Elementary · 0.2 mi away
Mt Olivet Christian School
School · 0.2 mi away
East Elmhurst Community School
Elementary · 0.3 mi away
PS 280
Elementary · 0.3 mi away
PS 92
Elementary · 0.3 mi away
Bilingual Sprouts
School · 0.4 mi away
PS 127
Elementary · 0.5 mi away
Estela
Secondary · 0.5 mi away
Children's Big Apple
School · 0.5 mi away
P. S. 222 - Fire Fighter Christopher A. Santora School
Elementary · 0.6 mi away
Our Lady of Sorrows Catholic Academy
School · 0.6 mi away
Public School 143 Annex
School · 0.7 mi away
PS 212
Elementary · 0.7 mi away
A Child's Place
Elementary · 0.7 mi away
St. Joan of Arc Roman Catholic Church
School · 0.7 mi away
82nd Street Academics
School · 0.7 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 457 Pond Path, East Setauket, NY | $1,749,990 | 5 | 4 | 3,700 |
| 144 DAMASCUS Road, East Quogue, NY | $1,750,000 | — | — | — |
| 83-10 Pettit Avenue, Elmhurst, NY | $1,750,000 | 9 | 6 | 3,000 |
| 79-20 Kneeland Avenue, Elmhurst, NY | $1,750,000 | 7 | 5 | 4,400 |
| 8715 Justice Avenue, Elmhurst, NY | $1,780,000 | — | — | 3,420 |
| 19 Groveland Avenue, East Quogue, NY | $1,788,000 | 3 | 3 | 1,617 |
Moving Cost Estimate
EXIT Agents in East Elmhurst
Listing Courtesy: Royalux Realty LLC - 7186666066
Presented by: Shuobo Zheng
Fair Housing Notice