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7 Retail Condo on Broadway at Elmhurst 7 Retail Condos Offered at $6,000,000 in Elmhurst, NY



Investment Highlights
- ** 7 Commercial Retail Condo units on Broadway, Elmhurst Queens **
- Annual Income $663,883 NOI $444,539.00 Cap Rate 7.41%
- Better Hurry !!!
- Located in the heart of shopping district of Elmhurst,1 block away from Elmhurst Hospital
- Easy access to Subway, Buses & Shops!
Executive Summary
** 7 Commercial Retail Condo units in Elmhurst on Broadway **
Located in the heart of shopping district of Elmhurst,1 block away from Elmhurst Hospital
Annual Income $663,883.00
NOI $444,539.00
Cap Rate $7.41%
Easy access to Subway, Buses & Shops!
Located in the heart of shopping district of Elmhurst,1 block away from Elmhurst Hospital
Annual Income $663,883.00
NOI $444,539.00
Cap Rate $7.41%
Easy access to Subway, Buses & Shops!
Taxes & Operating Expenses (Actual - 2026) |
Annual |
|---|---|
| Gross Rental Income |
$663,883
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$663,883
|
| Taxes |
$164,386
|
| Operating Expenses |
$54,958
|
| Total Expenses |
$219,344
|
| Net Operating Income |
$444,539
|
Taxes & Operating Expenses (Actual - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $663,883 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $663,883 |
| Taxes | |
|---|---|
| Annual | $164,386 |
| Operating Expenses | |
|---|---|
| Annual | $54,958 |
| Total Expenses | |
|---|---|
| Annual | $219,344 |
| Net Operating Income | |
|---|---|
| Annual | $444,539 |
Property Facts
| Price | $6,000,000 | Status | Active |
| Price / SF | $609.76 / SF | Number of Properties | 7 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 7.41% | Total Building Size | 9,840 SF |
| Sale Type | Investment |
| Price | $6,000,000 |
| Price / SF | $609.76 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 7.41% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 7 |
| Individually For Sale | 0 |
| Total Building Size | 9,840 SF |
Properties
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7 Retail Condo on Broadway at Elmhurst
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