94-01 40th Drive Elmhurst, NY $ 1,599,000
94-01 40th Drive
$ 1,599,000
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94-01 40th Drive

Elmhurst, NY, 11373
$ 1,599,000
Bedrooms10 Baths4.0 Sq 4,219

Monthly Estimate*

$ 10,096

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Multi-Family Home for sale in Elmhurst, NY

for $1,599,000 with 10 bedrooms and 4 full baths. This 4,219 square foot home was built in 1920 on a lot size of 0.0918.

Rare Find — First Time on the Market in 65 Years! Charming Multi-Unit Investment Opportunity on Double City Lot. A true once-in-a-generation opportunity — this multi-family property is being offered for the first time in 65 years! Spanning two city lots, the home offers four residential units plus a versatile basement level, perfect for investors or an owner-occupant seeking rental income. Step inside through the original oak entry door with stunning stained-glass sidelights into a grand, ornate foyer accented with rich wood trim. The original solid oak staircase leads to the upper-level units, preserving the home's timeless character throughout. The first-floor unit offers 3 bedrooms, a formal dining room, and a spacious living room with a bonus porch/sunroom. The eat-in kitchen features a beautiful 4-panel bow window overlooking the backyard, and the bath includes a double-sink vanity with convenient in-wall laundry hookup. Two built in AC units for added comfort. Upstairs, the second floor offers two separate units: a generously sized 3-bedroom unit with a full bath, large living room, and eat-in kitchen with bonus pantry, plus a cozy 2-bedroom unit with its own full bath and efficient kitchen/living layout. The third floor rounds out the residential units with a 2-bedroom layout featuring an eat-in kitchen, large living room, and its own bonus porch. The expansive basement adds even more flexibility with four additional rooms, a kitchen area, and washer hookup — ideal for storage or extra living space. Outside, enjoy a private backyard with a rear deck off the first-floor entrance, a detached two-car garage, and newly installed, city-code-compliant security mailboxes. With 100-amp electrical service and set on two full city lots, this property is full of potential. Properties like this rarely come to market — schedule your showing today before this legacy opportunity is gone!

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Multi-Family Active

Price

$ 1,599,000

Bedrooms

10

Full Bath

4

Property Type

Multi-Family

Taxes

$ 18,655

Style

Colonial

Lot Size

0.0918

Year Built

1920

Town/City

Elmhurst

County/Region

Queens

MLS | Web ID

1036092

Features
Interior
Interior Amenities Chandelier Crown Molding Double Vanity Eat-in Kitchen Entrance Foyer Formal Dining High Ceilings Natural Woodwork
Basement Full Unfinished Walk-Out Access
Basement Features Full Unfinished Walk-Out Access
Basement (Y/N) Y
Window Features Double Pane Windows Insulated Windows
Fireplace Y/N N
Total Bedrooms 10
Total Baths 4
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General
Sewer Public Sewer
Heating Hot Water Oil
Cooling Wall/Window Unit(s)
Utilities Cable Available Cable Connected Electricity Available Electricity Connected Natural Gas Available Natural Gas Connected Sewer Connected Trash Collection Public Water Available Water Connected
Garage Spaces 2
Patio/Porch Features Deck
Architectural Style Colonial
Construction Materials Vinyl Siding
Year Built 1920
Property Subtype Triplex
Tax Year 2026
Parcel Number 01588-0051
County Queens
Property Type Residential Income
Garage Y/N Y
Other Structures Garage(s)
Full Baths 4
High School Newtown High School
City New York
Disclosures M6 Disclosure of Ownership Interest
Senior Community Y/N N
High School District Queens24
Number Of Units Total 3
Carport Y/N N
Elementary School Ps 19 Marino Jeantet
Property Attached Y/N N
Tax Annual Amount 18655
Middle/Junior High School Is 61 Leonardo Da Vinci
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Queens24
Elementary School District Queens 24
Tax Lot 51
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Exterior
Parking Features Garage Garage
Water Source Public
Total Parking 2
Parking Spaces 2
Foundation Details Concrete Perimeter
Spa N
Building Area Total 4219
Waterfront Y/N N
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Internal Only
Street Number 1 94
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* Excluded Features
List By
Maria Borea Puccella

Listing Agent

Keller Williams Ny Realty

Broker

914-437-6100

Contact

Affordability Calculator

$11,651
Per Month
87%
13%
0%
Monthly Principal & Interest
$10,096
Monthly Property Taxes
$1,555
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
4892444 Elementary School
4892417 Middle School
Newtown High School High School
Pricing History
DatePricePrice ChangeDescription
9/28/2026$1,599,000 Listed Price

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94-01 40th Drive, Elmhurst, NY, 11373 is a Multi-Family Home for sale at $1,599,000 with 4,219 sqft and a lot size of 0.0918. 94-01 40th Drive has 10 bedrooms, 4.0 baths, and was built in 1920. The property's zip code is 11373 which is in Elmhurst, NY