5607 Junction Blvd
Listing Notes
Rarely available mixed-use gem in the heart of Elmhurst, offering a ground-floor Deli storefront and two oversized residential units above. This well-maintained 3-story property features building dimensions of 23x48 on a 25x100 lot, providing generous interior space. Both the second and third floors are configured as spacious 3-bedroom, 2-bathroom apartments, each featuring a full kitchen, dining area, and living room. The property also includes a high-ceiling basement with a convenient separate entrance. Delivered entirely vacant. Ideally situated on a major commercial thoroughfare, it is just minutes away from the E, M, R, F,subway lines, Queens Center Mall, and premier supermarkets. Zoned R5, R6A, and C1-2 with exceptionally low annual taxes of only $7,146 . Currently operating at a 6% CAP with a clear trajectory to 7%+.
Price in context
Cheaper than 8% of the 12 homes listed nearby right now, which run $1,550,000 to $3,330,000.
See all 12 nearby listings
| Address | Asking | Size |
|---|---|---|
| 6123 Saunders St | $1,550,000 | 4 bd · 3 ba |
| 6125 Saunders St | $1,550,000 | 5 bd · 3 ba |
| 9425 54th Ave | $1,599,999 | 10 bd · 6 ba |
| 94-14 55th Ave | $1,638,000 | 6 bd · 4 ba |
| 61-26 Booth St | $1,699,000 | 7 bd · 5 ba |
| 93-10 50th Ave | $1,700,000 | 10 bd · 3 ba |
| 5337 97th St | $1,780,000 | 7 bd · 6 ba |
| 5337 97th St | $1,780,000 | 7 bd · 6 ba |
| 55-05 98th St | $1,799,000 | 11 bd · 8 ba |
| 90-05 54th Ave | $1,900,000 | 6 bd · 3 ba |
| 94-29 51st Ave | $2,480,000 | Studio |
| 9017 56th Ave | $3,330,000 | 9 bd · 7 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more