54-47 83RD Street, Elmhurst, NY, 11373
About This Home
Well-maintained legal 4-family property located in the desirable Elmhurst neighborhood, conveniently close to Queens Center Mall, major shopping areas, and I-495 (Long Island Expressway). Situated in an established residential community with strong rental demand. The property features approximately 3,528 sqft of building area with a building size of 21 × 56 ft, set on a 21 × 100 ft lot, zoned R5. Built in 1989. This income-producing property currently generates approximately $10,850 in monthly rental income, offering stable tenants and consistent cash flow.Excellent opportunity for investors seeking a solid long-term income property in a prime Queens location with convenient access to transportation, shopping, and everyday amenities.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1989
Materials
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex,Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Full
Features
- Other
Heating & Cooling
- Heating features: Baseboard,Other
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total structure area: 3,528
- Total interior livable area: 3,528 sqft
Property
Details
- Parcel number: 029050178
- Special condition: None
Lot
- Lot size: 2,100 sqft
Parking
- Total spaces: 1
- Parking features: Driveway
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Inland Flooding
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Queens County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,837 | $94,044 |
| Home Insurance * | $360 | $4,320 |
| Property Taxes | $968 | $11,616 |
| Electricity | $583 | $6,996 |
| Total | $9,748 | $116,976 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-16 | Listed for sale | $1,650,000 |
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