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40-15 81st St
Queens, NY 11373 Elmhurst

Price Upon Request

Multifamily For Sale  •  68,194 SF

Property Details

• Property Type Multifamily
• Total Building Size 68,194 SF
• Year Built 1932

100 Transit Score

100 Walk Score

Highlights

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

A slow construction pipeline is putting upwards pressure on market rents

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

Property Flyers

40-15 81st Street, Queens, NY Flyer_Linked

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)	3 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))	1 min	3 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))	2 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	9 min	0.5 mi
69 Street (7 - New York MTA Subway (The Subway))	2 min	13 min	0.7 mi
Airport	Drive	Walk	Distance
LaGuardia	9 min	-	2.9 mi
John F Kennedy International	20 min	-	11.4 mi
Newark Liberty International	34 min	-	20.4 mi