Elmhurst, NY
Commercial Real Estate Market Trends & Data

$613 Avg asking sale price
$68 Avg asking lease rate
14,435 SF Avg unit lease size
9,493 SF Avg building size for sale
6.39% Average cap rate

Elmhurst's Demographic Profile

Elmhurst has 41,334 households and a median income of $67,272, providing context for rent absorption and tenant demand across retail and multifamily assets. A -8% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 126,412
# Households 41,334
Median age 42
Median household income $67,272
Avg household size 3.0
Renter-occupied housing units 27,590
5-year population change -8%

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

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Elmhurst $657 3,713 SF 8.90%
Middle Village $499 2,906 SF 8.90%
Maspeth $580 8,851 SF 7.00%
Jackson Heights $772 4,854 SF 6.47%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Elmhurst $397 20,894 SF 6.45%
Middle Village $399 23,782 SF 6.45%
Woodside $620 13,310 SF 7.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Elmhurst $775 5,931 SF
Middle Village $662 7,553 SF
Rego Park $665 15,688 SF
Maspeth $503 20,314 SF
Jackson Heights $812 6,467 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Elmhurst $488 9,503 SF 8.50%
Middle Village $583 8,364 SF 7.42%
Rego Park $682 10,116 SF 6.98%
Maspeth $609 6,027 SF 7.27%
Jackson Heights $418 15,225 SF 8.50%

Commercial Properties For Sale in Elmhurst

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

55-44 97th Pl

Corona, NY 11368

  • 11,870 SF Multifamily
  • 6.98% Cap Rate
  • $4,500,000
For Sale

9926 41st Ave

Corona, NY 11368

  • 7,600 SF Multifamily
  • 7.64% Cap Rate
  • $1,998,000
For Sale

4043 69th Street

Woodside, NY 11377

  • 2,160 SF Multifamily
  • $1,498,000
For Sale

88-20 Roosevelt Ave

Jackson Heights, NY 11372

  • 2,818 SF Retail Building
  • 3.97% Cap Rate
  • $2,100,000
For Sale

10430 39th Ave

Corona, NY 11368

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

7935 & 7937 Myrtle Ave package Deal

Glendale, NY

  • Office Building
  • 5.52% Cap Rate
  • $2,800,000

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 Elmhurst pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Elmhurst $613 9,493 SF
Middle Village $592 10,900 SF
Rego Park $536 8,288 SF
Maspeth $576 15,646 SF
Jackson Heights $636 11,746 SF

Multifamily Properties For Sale in Elmhurst

For Sale

55-44 97th Pl

Corona, NY 11368

  • 11,870 SF Multifamily
  • 6.98% Cap Rate
  • $4,500,000
For Sale

10430 39th Ave

Corona, NY 11368

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

41-01 69th Street

Woodside, NY 11377

  • 9,600 SF Multifamily
  • 4.38% Cap Rate
  • $2,799,000
For Sale

82-20 Britton Ave

Elmhurst, NY 11373

  • 8,271 SF Multifamily
  • 4.41% Cap Rate
  • $6,180,000
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

6527 Roosevelt Ave

Woodside, NY 11377

  • 10,010 SF Multifamily
  • 6.47% Cap Rate
  • $6,785,000
For Sale

40-21 69th St

Flushing, NY 11377

  • 4,400 SF Multifamily
  • 5.01% Cap Rate
  • $2,130,000

Regional Demographic Comparison

This comparison places 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 Elmhurst or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Elmhurst 126,412 41,334 42 $67,272 3 27,590 -8%
Middle Village 31,944 11,887 46 $87,852 3 5,498 -9%
Rego Park 48,565 20,653 45 $75,276 2 12,318 -3%
Maspeth 30,892 10,594 42 $83,684 3 5,732 -11%
Jackson Heights 71,612 26,136 44 $63,770 3 16,854 -2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in 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 Elmhurst

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

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 Elmhurst?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in 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 Elmhurst?

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

How does Elmhurst compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to 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 Elmhurst acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in 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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