Well-maintained brick multifamilyLarge side yardFull basementBasement with high ceilingGenerous lot
Rare Vacant Multifamily with Expansion Potential and Exceptional Side-Yard Exposure — Elmhurst
Entire building for sale. Semi-detached solid brick 3 level building with full basement and with large side yard and back yard and with garage which offers multi-generational living capability, private owner occupancy with rental support, space that adjusts as family or financial needs change, income producing, capital appreciation, 1031 exchange and redevelopment opportunities. Level 1 LR, EIK, 1 FULL BTH, 2 BRs; Level 2: LR, EIK, 1 FULL BTH, 2 BRs; Walk in ground floor: FULLY FINISHED, KITCHENETTE, 1BR, 1 FULL BATH; Garage; Side Yard (additional parking); Basement with high ceiling, unfinished.
Delivered fully vacant, this well-maintained brick multifamily presents a compelling opportunity for both owner-users and investors seeking immediate occupancy, repositioning, or value-added upside.
Positioned on a generous lot with a notably large side yard facing Corona Avenue, the property benefits from rare lateral 3 sided openness, enhanced light and air, and a flexible footprint that supports potential enlargement subject to architectural review and DOB approval. The side-yard configuration creates unique possibilities for vertical or rear expansion, outdoor living integration, or interior reconfiguration rarely found along this corridor (subject to zoning and DOB approvals).
Key opportunity highlights include:
• Delivered vacant — immediate occupancy, renovation, or market-rent repositioning. • Expansion potential supported by unused buildable area and favorable lot layout. • Prominent Corona Avenue-facing side yard offering enhanced residential and/or retail mixed-use development flexibility and design optionality (subject to zoning and DOB approvals). • Excellent natural light and airflow due to open lateral orientation. • Owner-user or investor versatility with strong Elmhurst rental demand. • Prime Corona Avenue location near transit, shopping, and neighborhood amenities - Conveniently located near restaurants, bus and subway and LIRR transportation and Flushing Meadows Park. Easy LIRR commuter access to Manhattan and Long Island.
This property represents a rare chance to acquire a vacant multifamily with meaningful upside, combining stable long-term fundamentals with the ability to enhance square footage, modernize layouts, or create premium indoor-outdoor spaces.
Expansion and development potential subject to zoning, architectural, and DOB approvals.
178 days
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Zillow last checked:
Listing updated:
Listed by:
Barons International Real Estate Advisors917-293-0554,