Prime Investment & Living Opportunity in East Elmhurst Corner Lot.
Location, location, location! Unlock the potential of this large corner lot at 98th St. & 24th Ave, offering exceptional investment and lifestyle opportunities. Whether you are an investor seeking development possibilities or an end user looking for income potential, this property delivers.
The spacious first-floor residence features two bedrooms, a living room, dining room, kitchen, bath, and a full basement with endless possibilities perfect for additional living space, storage, or rental potential.
What sets this property apart?
Expansive yard space & 5-car driveway, a rare find in this prime location.
Income-producing opportunity, live comfortably while generating rental revenue.
It is an unbeatable location in the heart of East Elmhurst, walking distance to LaGuardia Airport and just 15 minutes to Manhattan via the Grand Central Parkway. Excellent transit access, a short bus ride to the N/W or #7 trains, making commuting effortless.
This versatile and high-potential property is a rare gem in an unbeatable location. Invest, live, and grow, schedule your viewing today!
Sold for $950,000
$950,000
2402 98th Street, East Elmhurst, NY 11369
3beds
1,294sqft
Duplex, Multi Family
Built in 1930
-- sqft lot
$977,900 Zestimate®
$734/sqft
$3,054 Estimated rent
Home value
$977,900
$880,000 - $1.09M
$3,054/mo
Zestimate® history
Owner options
List your home for rent
$3,054/mo
Rent Zestimate®
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$3,054/mo
Rent Zestimate®
Refinance and save
$5,730/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$5,730/mo
Est. payment
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List your homeWhat's special
Expansive yard spaceCorner lot
Zillow last checked:
Listing updated:
Listed by:
Richard H. Domville 718-276-3700,
Value Realty Group 718-276-3700
Bought with:
Alva E. Mejia, 40ME1125492
Success King Realty
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 826346
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard
Cooling
- Has cooling: Yes
Appliances
- Laundry: In Basement
Features
- First Floor Bedroom, Formal Dining
- Flooring: Hardwood
- Windows: Insulated Windows
- Basement: Full
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 1,294
- Total interior livable area: 1,294 sqft
Property
Parking
- Total spaces: 5
Features
- Patio & porch: Patio
- Fencing: Chain Link,Fenced,Front Yard,Full
Lot
- Size: 5,805 Square Feet
- Features: Back Yard, Corner Lot, Front Yard, Near Public Transit, Near Shops
Details
- Parcel number: 011080007
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Cape Cod
- Property subtype: Duplex, Multi Family
Materials
- Foundation: Concrete Perimeter
Condition
- Actual
- Year built: 1930
Utilities & green energy
- Gas: Separate Gas Meters: 2
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Location
- Region: East Elmhurst
Financial & listing details
- Price per square foot: $734/sqft
- Tax assessed value: $53,940
- Annual tax amount: $6,447
- Date on market: 2/21/2025
- Cumulative days on market: 45 days
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2025 | Sold | $950,000-4.8%$734/sqft |
Source:  OneKey® MLS as distributed by MLS GRID #826346 Report a problem | ||
| 4/8/2025 | Pending sale | $998,000$771/sqft |
Source: OneKey® MLS as distributed by MLS GRID #826346 Report a problem | ||
| 2/21/2025 | Listed for sale | $998,000$771/sqft |
Source: OneKey® MLS as distributed by MLS GRID #826346 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $59,940 +11.1% |
| 2024 | -- | $53,940 +1.4% |
| 2023 | -- | $53,220 +9.1% |
| 2022 | -- | $48,780 +0.9% |
| 2021 | -- | $48,360 +0.2% |
| 2020 | $5,957 +6.3% | $48,240 -1.6% |
| 2019 | $5,602 +1.9% | $49,020 +86.4% |
| 2018 | $5,500 +5.6% | $26,292 +2.9% |
| 2017 | $5,207 +11% | $25,545 |
| 2016 | $4,692 | $25,545 +3.8% |
| 2015 | $4,692 +74.6% | $24,616 +6% |
| 2014 | $2,687 | $23,223 +6% |
| 2013 | -- | $21,910 +2.9% |
| 2012 | -- | $21,288 |
| 2011 | -- | $21,288 +3.8% |
| 2010 | -- | $20,514 +6% |
| 2009 | -- | $19,353 +6% |
| 2008 | -- | $18,259 |
Find assessor info on the county website
Neighborhood: East Elmhurst
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Nearby schools
GreatSchools rating
- 6/10Ps 127 Aerospace Science MagnetGrades: PK-8Distance: 0.1 mi
- 3/10William Cullen Bryant High SchoolGrades: 9-12Distance: 2.1 mi
- 8/10Is 145 Joseph PulitzerGrades: 6-8Distance: 1.2 mi
- New York
- Queens County
- New York
- 11369
- Queens
- East Elmhurst
- 2402 98th Street
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Nearby neighborhoods
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