5607 Junction Blvd, Elmhurst, NY 11373
Queens County
Key Facts
Description
Rarely available mixed-use gem in the heart of Elmhurst, offering a ground-floor Deli storefront and two oversized residential units above. This well-maintained 3-story property features building dimensions of 23x48 on a 25x100 lot, providing generous interior space. Both the second and third floors are configured as spacious 3-bedroom, 2-bathroom apartments, each featuring a full kitchen, dining area, and living room. The property also includes a high-ceiling basement with a convenient separate entrance. Delivered entirely vacant. Ideally situated on a major commercial thoroughfare, it is just minutes away from the E, M, R, F,subway lines, Queens Center Mall, and premier supermarkets. Zoned R5, R6A, and C1-2 with exceptionally low annual taxes of only $7,146 . Currently operating at a 6% CAP with a clear trajectory to 7%+.
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Year Built
1972
Living Area
3,312 sq ft
Days on Market
36
MLS® Listing#
997208
Property Features
Cooling
Heating
Basement
Parking
Construction
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$7,146
Parcel Number
01903-0006
Affordability Calculator
$559,000
Estimated monthly payment
$14,876/mo
Principal $2,236,000 · Est. interest $3,119,419 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Elmhurst, NY
- $741,176
- Median Listing Price
- 82
- Median Days on Market
- 1,150
- Median Sq Ft
- $583
- Median Price / Sq Ft
- 216
- Active Listings
- This home’s price is 277% above the area median.
- Its price per sq ft is 45% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Elmhurst, NY.
Location
Points of Interest in Elmhurst, NY
Showing the Elmhurst area map.
Nearby Schools
Central Queens Academy Charter School
School · 0.0 mi away
PS 13
Elementary · 0.1 mi away
John F. Kennedy Junior School
Secondary · 0.1 mi away
Elm Tree Elementary School
Elementary · 0.3 mi away
PS 206 Horace Harding School (the)
Elementary · 0.3 mi away
Escuela Argentina en Nueva York
School · 0.4 mi away
New York City District 24
Secondary · 0.4 mi away
Central Queens Academy Charter School
Elementary · 0.5 mi away
Jewish Institute of Queens
School · 0.5 mi away
International High School for Health Sciences
Secondary · 0.5 mi away
Newtown High School
Secondary · 0.5 mi away
Pan American International High School
Secondary · 0.5 mi away
Voyages Preparatory
Secondary · 0.5 mi away
Pathways To Graduation
Secondary · 0.5 mi away
International Children's School
Elementary · 0.5 mi away
Beabove Booth Street
School · 0.6 mi away
Our Lady of the Angelus R C Church
School · 0.6 mi away
The Riverview School
Secondary · 0.6 mi away
PS 110
Elementary · 0.6 mi away
PS 139
Elementary · 0.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 51-63 Codwise Place, Elmhurst, NY | $1,980,000 | — | — | — |
| 87-33 Elmhurst Avenue, Elmhurst, NY | $1,990,000 | — | — | — |
| 2117 Hazen Street, East Elmhurst, NY | $1,999,000 | 3 | 2 | 1,687 |
| 9041 Corona Avenue, Elmhurst, NY | $1,999,999 | — | — | 3,330 |
| 88-08 Justice Avenue PH-C, Elmhurst, NY | $2,080,000 | 3 | 3 | 1,512 |
| 91-23 Corona Avenue S1, Elmhurst, NY | $2,251,500 | — | — | 45,436 |
Moving Cost Estimate
EXIT Agents in Elmhurst
Listing Courtesy: New Group Realty Inc - 7182559100
Presented by: Xun Lin
Fair Housing Notice