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New York>Queens>Elmhurst

91-16 43rd AvenueQueens, NY 11373

For Sale

$1,875,000

Smart Buyer Rebate $23,438

Elmhurst Investment Opportunity - 7.3 Cap Rate! Built in 2002, this well-maintained 4-story, 7-unit multifamily building with 1 commercial space offers a high-yield 7.3 cap rate in the heart of Elmhurst, Queens. Spanning 6,300 SF, the 25 ft x 54 ft building sits on a 25 ft x 100 ft lot and benefits from a 421a tax abatement. Fully 100% occupied, the property features separately metered electric and gas, with tenants covering their own utilities. Each unit has its own independent heating system, ensuring low low operating costs. Strong rental income and location make this an exceptional turn-key investment opportunity. Don't miss out on this rare find- contact us today!

Listed by BRUCE D FRIEDBERG

·

Douglas Elliman Real Estate

·

(914) 661-6005

Last updated November 12, 2025

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Source: REBNY #RLS20014683

Listing Facts

  • TypeMulti-family
  • NeighborhoodElmhurst
  • Bedrooms7
  • Bathrooms7
  • Days on Prevu226
  • Taxes$11,844/year

Amenities

  • Private Outdoor Space

Location

Mortgage Calculator

Listing History

11/13/2025
Price Decreased
$1,875,000
11/12/2025
Status changed to Active
$1,900,000
11/11/2025
Status changed to Removed from Feed
$1,900,000
10/26/2025
Status changed to Active
$1,900,000
10/25/2025
Status changed to Removed from Feed
$1,900,000
05/13/2025
Price Decreased
$1,900,000
04/07/2025
Listed by Douglas Elliman Real Estate
$1,950,000

Estimated Closing Costs

Total
$65,563
Attorney Fees
$4,000
NYC Mansion Tax
$18,750
Title Insurance
$8,438
Bank Attorney
$1,500
Mortgage Recording Tax
$28,875
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,875,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 91-16 43rd Avenue

Association

Amenities

  • Pets Allowed: Building Yes, No

Exterior

Construction

  • Number Of Units Total: 8
  • Stories Total: 4
  • Structure Type: Townhouse
  • Year Built: 2002
  • Entry Level: 1

Measurements

  • Building Area Total: 1,350
  • Building Area Units: SquareFeet
  • Lot Size Area: 2,500
  • Lot Size Dimensions: 100
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Tax Annual Amount: $11,844.00

Interior

Features

  • Interior Features: Smoke Free

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 7
  • Bathrooms Total Integer: 7
  • Bedrooms Total: 7
  • Rooms Total: 28

Other

Location

  • City Region: Queens
  • Subdivision Name: Elmhurst
  • Tax Block: 01600
  • Tax Lot: 0012

Utilities

Equipment

  • Cooling: Window Unit(s)
  • Has Cooling: Yes
  • Laundry Features: In Unit

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.