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25-56 97th Street East Elmhurst, NY $ 5,180,000
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25-56 97th Street
$ 5,180,000
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25-56 97th Street

East Elmhurst, NY, 11369
$ 5,180,000
Bedrooms-- Baths-- Sq 8,881

Monthly Estimate*

$ 32,707

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Commercial Property for sale in East Elmhurst, NY

for $5,180,000. This 8,881 square foot building was built in 2023 on a lot size of 0.097107.

Located in the heart of East Elmhurst, this newly built 2023 multi-family property with elevator offers a rare investment opportunity with a 35-year tax abatement. The building features six 2-bedroom units, one 4-bedroom unit, and one 5-bedroom unit, appealing to a broad range of tenants and household needs. With an annual rental income of $370,800, the property provides strong income potential in a convenient Queens location near LaGuardia Airport, shops, restaurants, supermarkets, schools, and public transportation. Seller financing is available for qualified buyers.

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Commercial Active

Price

$ 5,180,000

Property Type

Commercial

Taxes

$ 3,396

Style

High Rise

Lot Size

0.097107

Year Built

2023

Town/City

East Elmhurst

County/Region

Queens

MLS | Web ID

912667
Features
General
Sewer Public Sewer
Heating Electric
Cooling Ductless
Utilities Electricity Connected Sewer Connected Trash Collection Public Water Connected
Appliances Electric Water Heater
Architectural Style High Rise
Construction Materials Brick
Year Built 2023
Property Subtype Multi Family
Tax Year 2025
Parcel Number 01370-0038
County Queens
Property Type Commercial Sale
Directions Google Map
High School William Cullen Bryant High School
City New York
High School District Queens 30
Number Of Units Total 8
Elementary School East Elmhurst Community School
Property Attached Y/N N
Tax Annual Amount 3396.16
Middle/Junior High School Is 227 Louis Armstrong
Property Condition New Construction
Additional Parcels Y/N N
Structure Type High Rise
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Queens 30
Elementary School District Queens 30
Tax Lot 38
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Interior
Basement Finished Full
Basement Features Finished Full
Basement (Y/N) Y
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Exterior
Parking Features On Street On Street
Water Source Public
Building Area Total 8881
Waterfront Y/N N
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Internal Only
Street Number 1 25
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* Excluded Features
List By
Chun H. Xie

Listing Agent

Tony & William R E Brotherhood

Broker

347-368-6775

Contact

Affordability Calculator

$32,990
Per Month
99%
1%
0%
Monthly Principal & Interest
$32,707
Monthly Property Taxes
$283
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4099473 Elementary School
4100110 Middle School
William Cullen Bryant High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/16/2026$5,180,000 -3.18% Price Down
9/14/2025$5,350,000 Listed Price

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25-56 97th Street, East Elmhurst, NY, 11369 is a Commercial Property for sale at $5,180,000 with 8,881 sqft and a lot size of 0.097107. 25-56 97th Street was built in 2023. The property's zip code is 11369 which is in East Elmhurst, NY

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