31-04 107th Street, East Elmhurst, NY 11369

New - 7 Hours Ago

16 Total Photos [Click to View All]

Property Description

Built in 2021, this mixed-use property featuring 6 residential units plus 1 storefront offers a turnkey investment opportunity with all units currently occupied, allowing the next owner to begin collecting rental income immediately. The residential portion consists of six 1-bedroom, 1-bathroom apartments, some with private balconies, while the storefront is currently occupied by a barbershop. The building's modern construction includes separate boilers, heating systems, electric meters, and gas meters for each unit, helping keep operating costs efficient, with the owner responsible only for water. Conveniently located near LaGuardia Airport with easy access to the Grand Central Parkway and 7 train, plus multiple bus routes for a quick commute to Manhattan and surrounding boroughs. Close to Flushing Meadows-Corona Park, Citi Field, restaurants, shopping, and everyday conveniences. This property can be purchased individually or as part of a portfolio with the adjacent buildings at 31-04 107th St and 106-18 Astoria Blvd, presenting a rare opportunity to acquire three attached income-producing buildings.

31-04 107th Street | MLS# 968126

This commercial property located at 31-04 107th Street, East Elmhurst, NY 11369 is currently listed for sale with an asking price of $2,388,000. Search East Elmhurst real estate on www.timberlandproperties.com today.

Gallery

Property Features

Property Type: Commercial -
Basement: Full
Basement: Yes
Cooling: Wall/Window Unit(s)
Heating: Natural Gas
Stories: 4.0
Taxes: $40,236
Year Built: 2021

Feature Descriptions

Building Area Total: 4179
Exterior: Brick
Heating Units: 6
Maintenance Expense: 225
Maintenance Expense: 225
On Market Date: 2026-03-06
Parking Features: None
Property Attached Y/N: 1
Rental Term: Monthly
Separate Electric Meters: 8
Separate Gas Meters: 6
Sewer: Public Sewer
Units: 7
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public

Demographics

Listed By / Shown By

Listing By

Agency Name: Daniel Gale Sothebys Intl Rlty
Agency Contact: 718-762-2268

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

IDX logo

Login to My Homefinder

Pixel