19 days on rocket

85-03A 57th Ave Unit A, Elmhurst, NY, 11373

$2,188,000

Home List Price

$10,000*

Closing Credit

9 Bedrooms
7 Full Baths
5,560 SqFt
$394/SqFt
Multi
Schools Nearby

Location

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85-03A 57th Ave Unit A, New York$2,188,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPrivate, Detached, 2 Car Detached, Garage
Garage2 spaces
Year Built2009
HeatingNatural Gas, Baseboard
CoolingWall Unit(s)
BasementYes
MLS #3544353
Lot Size0.05 Acres
StatusActive
(A)

About 85-03A 57th Ave Unit A

Exceptional Investment Opportunity in Elmhurst! Presenting a meticulously maintained 6 Family building featuring a rare 12-year tax abatement. With the added bonus of three parking spaces and an indoor garage, convenience is paramount. Currently fully occupied, this property yields a robust gross income of $140K, with expenses totaling just $16K. Ideal for savvy investors or those exploring a 1031 exchange, this property offers both stability and potential. Situated near restaurants, public transportation, and the bustling Queens Center Mall, it ensures convenience and attraction for tenants. Don't miss out on this prime opportunity to secure your investment future!

Property Details

Property Features

Property Information:

  • Architectural Style: Apartment
  • Year Built: 2009
  • Living Area: 5,560 SqFt

Listing Office:

  • Office Name: CPRE Elite Inc
  • Office Phone: (212) 960-8787

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 7
  • Total Bedroom Count: 9

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Private, Detached, 2 Car Detached, Garage

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Baseboard
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: Google Maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,188,000
  • Price Per SqFt: $394/SqFt
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Housing Market Comparison

See how this home compares to others in New York, NY.

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New York, NY

City

Med. Sold Price

$849.1K

Med. Price/SqFt

$639

Avg. Days On Market

96

# of Sold Homes

1674

85-03A 57th Ave Unit A vs New York

19 DAYS ON ROCKET

-77 Days

$2,188,000

+$1.3M More

$394/SqFt

-$246 Less

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $246/SqFt less than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #3544353

Listing Office:

  • Office Name: CPRE Elite Inc
  • Office Phone: (212) 960-8787

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/1/2024, 7:11:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$10.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,626

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4348218
9
/10

  • PS 58 School of Heroes

  • 7224 Grand Ave

  • 0.35 miles

  • Public District Grades KG-6

school-card-donut-4348219
8
/10

  • PS 290

  • 7002 54th Ave

  • 0.49 miles

  • Public District Grades KG-3

school-card-donut-4348220
2
/10

  • Elm Tree Elementary School

  • 8637 53rd Ave

  • 0.54 miles

  • Public District Grades KG-KG

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,047. Residents of New York, NY typically earn between $35k-100k each year. Residents typically live in married, with kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Queens County›New York›11373›85-03A 57th Ave Unit A

This home is located at 85-03A 57th Ave Unit A in Elmhurst, NY and zip code 11373 in the Elmhurst neighborhood. This 5,560 square foot home, which was built in 2009, sits on a 0.05 acre lot. Features: 9 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $2,188,000.

New York, NY housing market in April 2024 saw over 168 listings sold above listed price, more than 758 sold at listed price and over 748 sold below. The number of listings in New York, NY increased by 3.8% between March 2024 and April 2024. In April 2024, listings were on the market for 96 days. During the same period, the median list price in this real estate market was $849,191.

From Rocket Homes Real Estate and based on county public records data.

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