Philip Laffey
Philip Laffey
Call: (516) 359-1489
Text: (516) 359-1489
MLS#997214
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLQueens24
Property Description
Rarely available mixed-use gem in the heart of Elmhurst, offering a ground-floor Deli storefront and two oversized residential units above. This well-maintained 3-story property features building dimensions of 23x48 on a 25x100 lot, providing generous interior space. Both the second and third floors are configured as spacious 3-bedroom, 2-bathroom apartments, each featuring a full kitchen, dining area, and living room. The property also includes a high-ceiling basement with a convenient separate entrance. Delivered entirely vacant. Ideally situated on a major commercial thoroughfare, it is just minutes away from the E, M, R, F,subway lines, Queens Center Mall, and premier supermarkets. Zoned R5, R6A, and C1-2 with exceptionally low annual taxes of only $7,146 . Currently operating at a 6% CAP with a clear trajectory to 7%+.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: Wall/Window Unit(s)
Heating: Natural Gas
Taxes: $7,146
Year Built: 1972
Amenities
First Floor Full Bath
Feature Descriptions
Exterior: Brick
Heating Units: 2
On Market Date: 2026-05-08
Parking Features: Open
Rental Term: Monthly
Separate Electric Meters: 3
Separate Gas Meters: 2
Sewer: Public Sewer
Units: 3
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public
Local Schools
High School: Newtown High School
Middle School: Is 61 Leonardo Da Vinci
Elementary School: PS/IS 119 Glendale
School District: Queens24
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Estimated Payment
$ 7,631.17 per month $6,220.46 Principal & Interest $595.50 Property Tax $815.21 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: New Group Realty Inc
Agency Contact: 718-255-9100
Shown By
Agent Name: Philip Laffey
Agent Phone: (516) 359-1489
Agency Title: Laffey Real Estate
5607 Junction Blvd | MLS# 997214
This multi-family property located at 5607 Junction Blvd, Elmhurst, NY 11373 is currently listed for sale with an asking price of $2,795,000. Junction Blvd is located within the Queens24 school district. Search Elmhurst real estate on philiplaffey.laffey.com today.