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88-37 54th AvenueElmhurst, NY 11373

For Sale

$1,299,000

Smart Buyer Rebate $16,238

Renovation or redevelopment opportunity in the heart of Elmhurst. Situated on an approximately 25' × 90' lot totaling approximately 2,252 SF within an R6B zoning district, the property includes an existing structure that has been fully gutted, offering buyers the flexibility to explore renovation, reconfiguration, alteration, or redevelopment, subject to all required approvals.

A full set of proposed architectural plans is available depicting one possible four-story, eight-unit residential concept. Buyers may also evaluate alternative residential configurations, including potential one-, two-, or three-family use, based on zoning, building code requirements, existing conditions, and agency approvals. Renovating the existing structure may provide a more streamlined and potentially cost-effective alternative to complete demolition and ground-up redevelopment. Whether pursued as a value-add renovation, a customized owner-occupied residence, or a larger redevelopment project, the property offers multiple paths to create value.

Located near the Grand Avenue–Newtown subway station, Queens Boulevard, shopping, dining, parks, and major roadways, the property offers convenient access throughout Queens and to Manhattan.

Property is being sold as-is. Buyer is responsible for independently verifying zoning, architectural plans, buildable square footage, utilities, permitted use, and all renovation or redevelopment potential.

Listed by Li Li

·

B Square Realty

·

646-889-9988

Last updated July 29, 2026

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Source: OneKey #1031828

Listing Facts

  • TypeSingle-family
  • NeighborhoodElmhurst
  • Days on Prevu4
  • Taxes$6,654/year
  • Size1,808 sqft
  • Price per sqft$718

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

07/28/2026
Listed by B Square Realty
$1,299,000

Estimated Closing Costs

Attorney Fees
$4,000
NYC Mansion Tax
$12,990
Title Insurance
$5,846
Bank Attorney
$1,500
Mortgage Recording Tax
$20,004
Other Closing Costs
$4,000
Total
$48,340

Estimated closing costs are based on the list price of $1,299,000 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.

Property Details for 88-37 54th Avenue

Exterior

Construction

  • Year Built: 1920
  • Architectural Style: Colonial
  • Construction Materials: Frame

Measurements

  • Building Area Units: Square Feet
  • Lot Size Acres: 0.05
  • Lot Size Dimensions: 2,590
  • Lot Size Square Feet: 2,252

Financial

Taxes

  • Parcel Number: 01839-0038
  • Tax Annual Amount: $6,654.00
  • Tax Year: 2026

Interior

Features

  • Interior Features: Other

Measurements

  • Living Area: 1,808
  • Living Area Source: Public Records

Rooms

  • Basement: Full
  • Has Basement: Yes

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Driveway, Garage

Schools

Elementary School

  • Elementary School: Ps 7 Louis F Simeone
  • Elementary School District: Queens 24

High School

  • High School: Newtown High School
  • High School District: Queens24

Middle or Junior School

  • Middle Or Junior School: Is 5 Walter Crowley Intermediate
  • Middle Or Junior School District: Queens24

Utilities

Equipment

  • Heating: None, Other
  • Sewer: Public Sewer

Frequently Asked Questions

How many bedrooms does this single-family home have?

There is bedrooms in this single-family home at 88-37 54th Avenue.

What schools are nearby to 88-37 54th Avenue?

Nearby schools include the Ps 7 Louis F Simeone Elementary School, Is 5 Walter Crowley Intermediate Middle School, and Newtown High School.

Does this single-family home have parking?

Yes, there are 2 parking spaces available for 88-37 54th Avenue.

What are the annual taxes for 88-37 54th Avenue?

Annual taxes for this single-family home are estimated at $6,654.

How does 88-37 54th Avenue compare to other single-family homes in Elmhurst?

This single-family home is listed 27% below the average price for single-family homes in Elmhurst and has been on the market for 102 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 1,808 sqft.

88-37 54th Avenue is a -bedroom single-family home for sale in Elmhurst NY 11373. Listed on Prevu for 4 days at $1,299,000. This residence features 1,808 square feet of living space, located in Elmhurst. The median listing price for single-family homes in this area is $580,000. Nearby schools include Ps 7 Louis F Simeone Elementary School, Is 5 Walter Crowley Intermediate Middle School, and Newtown High School. Property amenities include parking. Explore more single-family home listings in Queens.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. 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. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

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.