Well-maintained legal 4-family property located in the desirable Elmhurst neighborhood, conveniently close to Queens Center Mall, major shopping areas, and I-495 (Long Island Expressway). Situated in an established residential community with strong rental demand.
The property features approximately 3,528 sqft of building area with a building size of 21 × 56 ft, set on a 21 × 100 ft lot, zoned R5. Built in 1989.
This income-producing property currently generates approximately $10,850 in monthly rental income, offering stable tenants and consistent cash flow.Excellent opportunity for investors seeking a solid long-term income property in a prime Queens location with convenient access to transportation, shopping, and everyday amenities.
For sale
Price cut: $100K (6/9)
$1,550,000
54-47 83RD Street, Elmhurst, NY 11373
--beds
--baths
3,528sqft
Quadruplex, Multi Family
Built in 1989
-- sqft lot
$-- Zestimate®
$439/sqft
$-- HOA
What's special
- 166 days
- 177
- 0
Zillow last checked:
Listing updated:
Listed by:
E Realty International Corp 718-886-8110,
Hsin Yuan Yang 646-688-8998,
Yalan Guo 347-972-3026,
E Realty International Corp
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 972492
Facts & features
Interior
Heating
- Baseboard, Other
Cooling
- Wall/Window Unit(s)
Features
- Other
- Basement: Full
Interior area
- Total structure area: 3,528
- Total interior livable area: 3,528 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway
- Garage spaces: 1
- Has uncovered spaces: Yes
Lot
- Size: 2,100 Square Feet
Details
- Parcel number: 029050178
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Brick
Condition
- Year built: 1989
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Location
- Region: Elmhurst
Financial & listing details
- Price per square foot: $439/sqft
- Tax assessed value: $389,250
- Annual tax amount: $39,239
- Date on market: 3/16/2026
- Cumulative days on market: 167 days
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2026 | Price change | $1,550,000-6.1%$439/sqft |
Source:  OneKey® MLS as distributed by MLS GRID #972492 Report a problem | ||
| 3/16/2026 | Listed for sale | $1,650,000$468/sqft |
Source: OneKey® MLS as distributed by MLS GRID #972492 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: Elmhurst
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