102-06 27th Avenue, East Elmhurst, NY 11369
Queens County
Key Facts
Description
Rare opportunity to acquire a 4-family rent-stabilized corner property in the heart of East Elmhurst. The building consists of four apartments that have been registered with DHCR and features a desirable unit mix of one 2-bedroom apartment, two 1-bedroom apartments, and a legal 1-bedroom basement apartment. Two units are currently occupied, and two units will be vacant at closing, providing immediate occupancy and future income potential subject to applicable rent stabilization regulations. Situated on a residential block near shopping, restaurants, schools, public transportation, LaGuardia Airport, major highways, and neighborhood amenities, this property presents a unique opportunity to own a multifamily asset in one of Queens' most sought-after neighborhoods. Property is being sold as-is. Buyers are encouraged to conduct their own due diligence regarding rent stabilization status, legal rents, and future rental increases.
Property Information
Property Type
Residential Income
Sub-Type
Quadruplex
Year Built
1920
Living Area
4,275 sq ft
Lot Size
6,000 sq ft
Lot Dimensions
60x100
Garage Spaces
2
Parking Spaces
4
Days on Market
8
MLS® Listing#
1011227
Property Features
Interior
Cooling
Heating
Flooring
Basement
Parking
Laundry
Fencing
Lot Features
Construction
Security
Utilities
Sewer
Water Source
Schools
- Elementary:
- Ps 127 Aerospace Science Magnet
- Middle:
- Is 227 Louis Armstrong
- High:
- Newcomers High School
Financial Details
Annual Taxes
$12,337
Parcel Number
01661-0001
Directions
Google maps
Affordability Calculator
$169,800
Estimated monthly payment
$4,519/mo
Principal $679,200 · Est. interest $947,544 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in East Elmhurst, NY
- $897,674
- Median Listing Price
- 63
- Median Days on Market
- 1,751
- Median Sq Ft
- $531
- Median Price / Sq Ft
- 594
- Active Listings
- This home’s price is 5% below the area median.
- Its price per sq ft is 63% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in East Elmhurst, NY.
Location
Points of Interest in East Elmhurst, NY
Showing the East Elmhurst area map.
Nearby Schools
PS 127
Elementary · 0.2 mi away
East Elmhurst Community School
Elementary · 0.3 mi away
A Child's Place
Elementary · 0.4 mi away
MS 419
Secondary · 0.5 mi away
Tommie L. Agee Educational Campus
Secondary · 0.5 mi away
PS 92
Elementary · 0.5 mi away
Mt Olivet Christian School
School · 0.5 mi away
Louis Armstrong Middle School
Secondary · 0.6 mi away
P. S. 228q the Ivan Lafayette Early Childhood Magnet School of the Arts
School · 0.6 mi away
P. S. 228q the Ivan Lafayette Early Childhood School of the Arts
School · 0.6 mi away
Helen M. Marshall School
Elementary · 0.6 mi away
P. S. 330
Elementary · 0.6 mi away
Our Lady of Sorrows Catholic Academy
School · 0.7 mi away
PS 149 Christa McAuliffe
Elementary · 0.7 mi away
PS 148
Elementary · 0.7 mi away
PS 280
Elementary · 0.8 mi away
Estela
Secondary · 0.8 mi away
P. S. 143 Louis Armstrong
Elementary · 0.8 mi away
Bilingual Sprouts
School · 0.8 mi away
Public School 143 Annex
School · 0.9 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 |
|---|---|---|---|---|
| 9 Prospect Avenue, East Rockaway, NY | $599,000 | 4 | 2 | 1,330 |
| 8 Wantagh Avenue, East Islip, NY | $610,000 | 4 | 2 | 1,264 |
| 179 Gnarled Hollow Road, East Setauket, NY | $649,999 | 4 | 2 | 2,200 |
| 165 Lily Pond Lane, East Hampton, NY | $650,000/mo | 11 | 11 | 10,000 |
| 2 Quay Court, East Rockaway, NY | $650,000 | 4 | 2 | 1,525 |
| 163 Orchard Road, East Patchogue, NY | $659,000 | 6 | 4 | 2,088 |
Moving Cost Estimate
EXIT Agents in East Elmhurst
Listing Courtesy: Empire Fine Homes - 7188417309
Presented by: Alejandra J. Fermin CBR
Fair Housing Notice