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32-12 79th St #4, East Elmhurst, NY, 11370

4beds
5baths
2,400sqft
$1,259,000
$525price/sqft
$7,828/moest. monthly cost
$313,120/yrincome needed

About This Home

One-of-a-Kind Legal 4-Family Brick Home in Prime East Elmhurst This rare and spacious legal four-family property is perfectly situated half a block from Northern Blvd in one of East Elmhurst’s most desirable and convenient neighborhoods. A semi-attached brick building with a communal driveway leading to the rear, it offers exceptional functionality, income potential, and long-term value. ***Sold as is with tenants and violations*** Layout & Features • First Floor: Two bright and generously sized 1-bedroom apartments, each with a full bath and an open layout. • Second Floor: Two additional 1-bedroom apartments, each featuring a full bathroom and spacious living room. • All units are month-to-month, giving the new owner flexibility to update, reconfigure, or maximize rental income. • Semi-finished basement offering storage or additional potential. • Two-car garage located at the back of the property. Location Highlights • Only three blocks to the 7 train at 82nd St & Roosevelt Ave—excellent for commuters. • Steps to major bus lines: Q66, Q43, Q1, Q32, Q20, and more. • 5-minute walk to Northern Blvd, placing shops, restaurants, schools, and daily conveniences at your doorstep. • Close proximity to LaGuardia Airport and major highways. Property Details • Lot Size: 2,442 sq ft • Lot Dimensions: 24.42 ft × 100 ft • Building Size: 2,400 sq ft • Building Dimensions: 20 ft × 60 ft • Building Class: C3 – Legal Four-Family • Stories: 2 • Structure: Brick/Stone • Year Built: 1926 • Estimated Annual Taxes: $14,784 This property offers excellent growth potential, making it an outstanding investment opportunity for both end-users and investors seeking stable returns in a thriving Queens location. Sold As Is!

Getting Around

88
WalkingVery Walkable
0
TransitVery Limited Transit
80
BikeVery Bikeable

Schools

5/10
Is 230Grades 6-80.4 mi

Construction

Condition

  • Year built: 1926

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 2,400
  • Total interior livable area: 2,400 sqft

Property

Details

  • Special condition: Resale

Parking

  • Parking features: Garage
  • Has garage: 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
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in Queens County and New York

Flood
Severe Storm
Snowstorm

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

MonthlyAnnual
Mortgage $6,366$76,392
Home Insurance *$280$3,360
Property Taxes $786$9,432
Electricity $396$4,759
Total$7,828$93,936
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$268,388/yr
40% on housing$234,840/yr
45% on housing$208,746/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

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.

Insurance Growth Rate5-year average: 2.5%
2.5%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$525This listing

vs Other Active Listings

Avg $/sqft

ZIP 11370$559
Queens County$533

vs Homes Sold Last Month

Median $/sqft

ZIP 11370$707
Queens County$600

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

DateEventPrice
2026-02-14Price change$1,259,000
2025-12-09Listed for sale$1,459,000

For Sale by Agent

AgentAsimina Perikleous
BrokerageAsimina Perikleous, LREB

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