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8307 Grand Avenue, Elmhurst, NY 11373

$1,328,000
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Active
BEDS0 BATHS MLS#949794
STATUSActive PROPERTY TYPECommercial - Multiple

Property Description

Prime mixed-use investment opportunity located on one of Elmhurst's busiest commercial corridors. The property consists of a ground-floor retail unit currently occupied by a music store and two residential apartments on the second floor (front and rear), each configured with 2 bedrooms and 1 bathroom. A full basement provides additional utility and storage space.The building measures 20 ft x 55 ft on a 20 ft x 57 ft lot, with a total interior area of approximately 3,300 square feet. The property is equipped with two separate electric meters, gas meters, and boilers.Financials: Current monthly rental income: $6,920 All units fully leased with stable, paying tenants (delivered occupied) Annual property tax: $9,183Location Highlights: Excellent visibility on Grand Avenue, Elmhurst's thriving commercial strip Direct access to Q58 bus service to Flushing Main Street 9-minute walk to M/R subway lines Surrounded by supermarkets, restaurants, laundromats, and neighborhood amenitiesZoning: R4, C1-3 (mixed-use)Rare opportunity to acquire a fully income-producing mixed-use property in a high-demand Elmhurst location with strong appreciation potential.

8307 Grand Avenue | MLS# 949794

This commercial property located at 8307 Grand Avenue, Elmhurst, NY 11373 is currently listed for sale with an asking price of $1,328,000. Search Elmhurst real estate on www.joycerealty.com today.

Property Features

Property Type: Commercial - Multiple
Basement: Yes
Basement: Finished
Cooling: Wall/Window Unit(s)
Heating: Baseboard, Natural Gas
Lot Size: 0.03 Acres
Stories: 2.0
Taxes: $9,183
Year Built: 1945

Feature Descriptions

Building Area Total: 3300
Business Type: Education/School
Days on Site: 176
Exterior: Brick
Lot Features: Near Public Transit
On Market Date: 2026-01-08
Parcel Number: 02493-0033
Parking Features: Garage, Private, Shared Driveway
Parking Total: 1
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
Water: Other

Listed By / Shown By

Listing By

Agency Name: E Realty International Corp
Agency Contact: 718-886-8110

Shown By

Agency Title: Joyce Realty
Agency Phone: (800-275-5692)

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