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Exclusive Offering - Prime Multifamily Investment in East Elmhurst We are proud to present 19-49 80th Street, East Elmhurst, NY 11370 - an outstanding investment opportunity exclusively available through our office.This well-maintained multifamily building is ideally situated between 21st Avenue and 20th Avenue, just one block west of 81st Street. Residents enjoy exceptional connectivity, with the Grand Central Parkway, Long Island Expressway, and Brooklyn-Queens Expressway all moments away. LaGuardia Airport is within walking distance, enhancing rental appeal for both long-term tenants and short-term housing needs. Currently producing over $60,000 in net annual income, this property offers strong immediate returns with impressive future upside. Its strategic location and consistent tenant demand make it a highly attractive addition to any investment portfolio. Offered at $1,300,000, this asset represents a rare chance to acquire a stable, income-generating property in one of Queens' most convenient neighborhoods. Contact us today for additional information or to arrange your private showing.
| DAYS ON MARKET | 2 | LAST UPDATED | 8/11/2025 |
|---|---|---|---|
| YEAR BUILT | 1971 | COUNTY | Queens |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| CONSTRUCTION | Brick |
| HEAT | Baseboard |
| LOT | 2400 sq ft |
| PARKING | Off Street |
| SEWER | Public Sewer |
| TAXES | 35362.16 |
| UTILITIES | Natural Gas Available, Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
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