Elmhurst, NY
Commercial Real Estate Market Trends & Data

$600 per SF Avg asking sale price
$66 per SF Avg asking lease rate
11,058 SF Avg unit lease size
10,132 SF Avg building size for sale
6.64% 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%

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Elmhurst $604 4,378 SF 9.39%
Middle Village $544 3,067 SF 9.39%
Jackson Heights $814 4,976 SF 6.81%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Elmhurst $472 20,020 SF 6.45%
Middle Village $487 25,261 SF 6.45%
Woodside $526 13,018 SF 7.57%
Nearby Retail Markets Avg Cost/SF Typical Size
Elmhurst $771 7,127 SF
Middle Village $621 7,754 SF
Rego Park $662 15,889 SF
Maspeth $553 8,507 SF
Jackson Heights $900 8,923 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Elmhurst $477 10,465 SF 14.28%
Middle Village $526 14,041 SF 14.28%
Rego Park $648 10,268 SF 4.85%
Maspeth $473 8,158 SF 7.11%
Jackson Heights $393 11,167 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

40-12 67th St

Woodside, NY 11377

  • 5,229 SF Multifamily
  • $1,550,000
For Sale

64-19 Myrtle Ave

Ridgewood, NY 11385

  • 6,000 SF Retail Building
  • $2,998,000
For Sale

Doran

Glendale, NY 11385

  • 2,400 SF Multifamily
  • 4.85% Cap Rate
  • $1,599,000
For Sale

67-02 60th St

Ridgewood, NY 11385

  • 4,400 SF Multifamily
  • $2,200,000
For Sale

.25 Acre lot 2 Blocks From Queens Blvd

Elmhurst, NY 11373

  • 0.26 AC Lot
  • 1 Commercial Lot
  • $5,350,000
For Sale

67-02 Queensblvd

Woodside, NY 11377

  • 0.27 AC Lot
  • 1 Commercial Lot
  • $11,000,000

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 $600 10,132 SF
Middle Village $758 14,534 SF
Rego Park $527 8,801 SF
Maspeth $517 14,285 SF
Jackson Heights $652 9,870 SF

Multifamily Properties For Sale in Elmhurst

For Sale

38% Free Market | Jackson Heights

Flushing, NY 11372

  • 12,760 SF Multifamily
  • 6.88% Cap Rate
  • $3,250,000
For Sale

41-03 69th Street

Woodside, NY 11377

  • 9,600 SF Multifamily
  • 6.97% 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

6527 Roosevelt Ave

Woodside, NY 11377

  • 10,010 SF Multifamily
  • 6.81% Cap Rate
  • $6,595,000
For Sale

40-21 69th St

Flushing, NY 11377

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

3536 99th St

Flushing, NY 11368

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

Sunrise Mansion

Flushing, NY 11377

  • 33,094 SF Multifamily
  • $549,900

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.

Nearby Market Trends