$1,875,000
91-16 43RD Avenue
MLS® #RLS20014683
Listing by Douglas Elliman Real Estate
7
Bedrooms
7
Baths
N/A
Sq. Ft.
2002
Year Built
Quick Summary
Property Highlights
- Views: Other
- Climate Control: Window Units
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Apr 7, 2025 | $1,950,000 | - |
| Price Reduced | Nov 12, 2025 | $1,900,000 | -2.6% |
| Currently | May 4, 2026 | $1,875,000 | -1.3% |
Description
Elmhurst Investment Opportunity - 7.3 Cap Rate!
Built in 2002, this well-maintained 4-story, 7-unit multifamily building with 1 commercial space offers a high-yield 7.3 cap rate in the heart of Elmhurst, Queens. Spanning 6,300 SF, the 25 ft x 54 ft building sits on a 25 ft x 100 ft lot and benefits from a 421a tax abatement.
Fully 100% occupied, the property features separately metered electric and gas, with tenants covering their own utilities. Each unit has its own independent heating system, ensuring low low operating costs. Strong rental income and location make this an exceptional turn-key investment opportunity.
Don't miss out on this rare find- contact us today!
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Building Information
Financial Details
About Elmhurst
View All Elmhurst ListingsElmhurst is a dynamic and bustling neighborhood in central Queens. Known for its incredible culinary scene and bustling commercial corridors, the area offers a high-energy urban lifestyle. The real estate market is characterized by a wide range of housing options, from spacious pre-war cooperatives and traditional multi-family houses to sleek new construction condominiums that provide excellent value and a quick commute to Manhattan and Long Island City.
Elmhurst Live Market Data
View NeighborhoodActive Listings
9
Median Asking Price
$399K
Median $/Sqft
$506
Avg Days on Market
N/A
New This Week
0
Price Reduced
11%
Sold (30 Days)
1
Median Sale Price
$1.19M
Live data from RLS at REBNY • Updated 5/3/26, 11:57 PM EST
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Location
91-16 43RD Avenue, Elmhurst, Queens County
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed annual property tax is $11,844, or roughly $987 per month. Verify the current assessment with your attorney before closing.
This property has 7 bedrooms and 7 full bathrooms.
According to MLS records, the building was constructed in 2002, making it approximately 24 years old.
This listing is None
Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Douglas Elliman Real Estate - BRUCE D FRIEDBERG
Listing Contact: (914) 661-6005
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 5/4/2026 at 3:57 AM UTC