40-44 82Nd StElmhurst, NY 11373

Property Details for 40-44 82Nd St

Year built

1931

Property size (Sq ft)

4,262 SF

Property type

Retail properties

Description

This exceptional Elmhurst, Queens investment property, located at 40-44 82nd Street, presents a rare opportunity for owner-users. The completely vacant, two-story building, constructed in 1931, offers 4,262 square feet of space across three units. The ground floor is ideally suited for retail use, given its prime location at the crossroads of Corona, Jackson Heights, and Elmhurst. The second floor provides versatile office space, while the third floor features a spacious three-bedroom apartment. This unique combination of commercial and residential space offers significant potential. The property sits on a 2,011 square foot lot (18.8' x 118.98'), with a building size of 20' x 60'. The permitted zoning is R6, C1-3, allowing for a maximum buildable square footage of 4,262. Additional development potential may exist, given the maximum FAR and air rights of 2.43 and 4,887 respectively. Convenient access to multiple subway lines (7, R, M, E, and F trains) adds to the property's appeal. The asking price is $2,950,000, and annual property taxes are $26,501. This is a unique opportunity to acquire a multi-use property in a high-demand location with significant upside potential. The absence of comparable recent sales in the area underscores the rarity of this offering.

Location Insight

City

Elmhurst

County

Queens

State

New York

Latitude

40.7464

Longitude

-73.8839

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].