Exclusive Offering – Prime Multifamily Investment in East Elmhurst We are proud to present 19-49 80th Street, East Elmhurst, NY 11370 – an outstanding investment opportunity exclusively available through our office.This well-maintained multifamily building is ideally situated between 21st Avenue and 20th Avenue, just one block west of 81st Street. Residents enjoy exceptional connectivity, with the Grand Central Parkway, Long Island Expressway, and Brooklyn-Queens Expressway all moments away. LaGuardia Airport is within walking distance, enhancing rental appeal for both long-term tenants and short-term housing needs. Currently producing over $60,000 in net annual income, this property offers strong immediate returns with impressive future upside. Its strategic location and consistent tenant demand make it a highly attractive addition to any investment portfolio. Offered at $1,300,000, this asset represents a rare chance to acquire a stable, income-generating property in one of Queens’ most convenient neighborhoods. Contact us today for additional information or to arrange your private showing.
Listed by Minas Styponias
·
License #10301212824
·
Modern Spaces
·
(718) 777-2232
Last updated September 08, 2025
·
Source: REBNY #RLS20042302
Listing Facts
TypeMulti-family
NeighborhoodAstoria Heights
Bedrooms6
Bathrooms5
Days on Prevu30
Taxes$38,185/year
Size3,960 sqft
Price per sqft$328
Amenities
Pets Allowed
Location
Mortgage Calculator
Listing History
08/11/2025
Listed by Modern Spaces
$1,300,000
Estimated Closing Costs
Total
$48,370
Attorney Fees
$4,000
NYC Mansion Tax
$13,000
Title Insurance
$5,850
Bank Attorney
$1,500
Mortgage Recording Tax
$20,020
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,300,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.