East Elmhurst, NY
Commercial Real Estate Market Trends & Data

$655 Avg asking sale price
$224 Avg asking lease rate
10,268 SF Avg unit lease size
12,276 SF Avg building size for sale
6.22% Average cap rate

East Elmhurst's Demographic Profile

East Elmhurst has 17,358 households and a median income of $68,849, providing context for rent absorption and tenant demand across retail and multifamily assets. A -11% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 57,480
# Households 17,358
Median age 40
Median household income $68,849
Avg household size 3.0
Renter-occupied housing units 9,573
5-year population change -11%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near East Elmhurst, NY

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
East Elmhurst $733 3,399 SF 4.30%
Jackson Heights $772 4,854 SF 6.47%
College Point $370 12,722 SF 4.63%
Corona $1,024 3,888 SF 5.60%
Astoria $736 16,322 SF 7.53%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
East Elmhurst $650 19,182 SF 7.00%
College Point $348 34,509 SF 5.35%
Astoria $610 21,054 SF 7.00%
Woodside $620 13,310 SF 7.00%
Nearby Retail Markets Avg Cost/SF Typical Size
East Elmhurst $911 9,090 SF
Jackson Heights $812 6,467 SF
College Point $430 3,634 SF
Corona $880 9,323 SF
Astoria $874 8,350 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
East Elmhurst $478 10,875 SF 8.50%
Jackson Heights $418 15,225 SF 8.50%
Corona $528 9,854 SF 8.57%
Astoria $601 10,369 SF 8.53%

Commercial Properties For Sale in East Elmhurst

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

96-01 Northern Blvd. Corona

Corona, NY 11368

  • 3,744 SF Retail Building
  • 6.98% Cap Rate
  • $4,299,000
For Sale

10430 39th Ave

Corona, NY 11368

  • 6,250 SF Multifamily
  • 6.00% Cap Rate
  • $1,950,000
For Sale

99-12 37th Ave

Corona, NY 11368

  • 2,602 SF Retail Building
  • 6.18% Cap Rate
  • $1,699,000
For Sale

2465 45th St

Astoria, NY 11103

  • 3,231 SF Multifamily
  • $3,888,888
For Sale

11242 38th Ave

Corona, NY 11368

  • 5,284 SF Multifamily
  • $2,880,000
For Sale

38-11 111th St

Corona, NY 11368

  • 5,515 SF Multifamily
  • $2,550,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether East Elmhurst pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
East Elmhurst $655 12,276 SF
Jackson Heights $636 11,746 SF
College Point $403 22,139 SF
Corona $748 14,801 SF
Astoria $679 13,879 SF

Multifamily Properties For Sale in East Elmhurst

For Sale

10430 39th Ave

Corona, NY 11368

  • 6,250 SF Multifamily
  • 6.00% Cap Rate
  • $1,950,000
For Sale

11242 38th Ave

Corona, NY 11368

  • 5,284 SF Multifamily
  • $2,880,000
For Sale

3-Tenant, 100% Occupied Retail - Prime Corona

Corona, NY 11368

  • 57,570 SF Multifamily
  • 7.81% Cap Rate
  • $6,500,000
For Sale

3819 99th St

Corona, NY 11368

  • 8,649 SF Multifamily
  • $2,390,000
For Sale

3536 99th St

Flushing, NY 11368

  • 6,295 SF Multifamily
  • 8.50% Cap Rate
  • $1,598,000
For Sale

3543 97th St

Corona, NY 11368

  • 4,160 SF Multifamily
  • $1,690,000
For Sale

The Corona Prime Five

Corona, NY 11368

  • 4,980 SF Multifamily
  • 6.36% Cap Rate
  • $1,999,000
For Sale

37-20 99th St

Corona, NY 11368

  • 46,360 SF Multifamily
  • 4.36% Cap Rate
  • $11,495,000

Regional Demographic Comparison

This comparison places East Elmhurst alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in East Elmhurst or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
East Elmhurst 57,480 17,358 40 $68,849 3 9,573 -11%
Jackson Heights 71,612 26,136 44 $63,770 3 16,854 -2%
College Point 21,757 6,673 40 $72,194 3 3,692 -12%
Corona 98,042 26,780 37 $62,247 4 22,167 -10%
Astoria 151,922 67,283 39 $84,053 2 56,433 -5%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in East Elmhurst, NY and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in East Elmhurst

View All Commercial Real Estate For Sale in East Elmhurst
Is East Elmhurst a good market for a first-time commercial real estate investor?

East Elmhurst offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in East Elmhurst?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in East Elmhurst. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in East Elmhurst?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for East Elmhurst. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does East Elmhurst compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to East Elmhurst. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for East Elmhurst acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in East Elmhurst, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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