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40-15 81st St
Elmhurst, NY 11373 Elmhurst

$15,000,000 USD

Apartments For Sale  •  68,194 SF

Property Details

• Property Type Apartments
• Total Building Size 68,194 SF
• Lot Size 0.37 AC
• Building Class B
• Year Built 1932
• Zoning R6

100 Transit Score

100 Walk Score

Highlights

Cash flowing 95%+ leased property below market rents and strong collections

Within one block of national retailers including Target, Chick-fil-A, Starbucks and Chipotle Mexican Grill

One block from Elmhurst Hospital Center, a 545-bed acute care facility

Desirable nearby dining and entertainment options and neighborhood amenities

7 Train station on block provides direct access to Grand Central Station in Midtown Manhattan

A slow construction pipeline is putting upwards pressure on market rents

Property Flyers

Marketing Brochure/Flyer

Amenities

• 24 Hour Access
• Controlled Access
• Tenant Controlled HVAC
• Heating
• Smoke Free
• Refrigerator
• Oven
• Tub/Shower
• Freezer
• Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
Woodside Station (Babylon Branch - Long Island Rail Road, Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Montauk Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road, Port Washington Branch - Long Island Rail Road, Ronkonkoma Branch - Long Island Rail Road)	2 min	19 min	1.0 mi
Mets-Willets Point Station (Port Washington Branch - Long Island Rail Road)	9 min	-	2.8 mi
Transit/Subway	Drive	Walk	Distance
82 Street-Jackson Heights (7 - New York MTA Subway (The Subway))	0 min	2 min	0.1 mi
Roosevelt Avenue-74 Street (7 - New York MTA Subway (The Subway), E - New York MTA Subway (The Subway), F - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway))	1 min	8 min	0.4 mi
90 Street-Elmhurst Avenue (7 - New York MTA Subway (The Subway))	1 min	10 min	0.5 mi
Elmhurst Avenue (E - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway))	2 min	10 min	0.5 mi
69 Street (7 - New York MTA Subway (The Subway))	2 min	13 min	0.6 mi
Airport	Drive	Walk	Distance
LaGuardia	8 min	-	2.8 mi
John F Kennedy International	18 min	-	11.4 mi
Newark Liberty International	32 min	-	20.8 mi