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81-38 Baxter Ave
Flushing, NY 11373 Elmhurst

$2,150,000 USD

Storefront Retail Residential For Sale  •  4,032 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 4,032 SF
  • Lot Size 0.05 AC
  • Building Class C
  • Year Built 1917
  • Tenancy Multiple
  • Zoning R7B/C1-3
100 Transit Score
99 Walk Score

Highlights

Calling All Investors, Developers, & End-Users!!! 8.86 Cap 7 Unit 4,000+ Sqft. Mixed-Use Building In Elmhurst For Sale!!!
The Property Features Excellent Signage, Great Exposure, R7B/C1-3 Zoning, High 8’ Ceilings, (5) 1 Br. Apartments, Basement, Large Rear Yard, +++!!!
The Property Is Located In The Heart Of Elmhurst 1 Block From Roosevelt Ave. & Just Minutes From Both I-278 & Queens Blvd.!!!
The Property Has 20’ Of Frontage On Baxter Avenue!!!
Neighbors Include Starbucks, Nissan, Mazda, TD Bank, Bolla Fuels, Shake Shack, PureGym, CVS, Dunkin, McDonald’s, Chick-fil-A, Wendy’s, +++!!!
This Property Offers HUGE Upside Potential!!!

Financial Summary (Actual)

Net Operating Income: $190,431 USD (2025)
Total Expenses: $44,069 USD

Major Tenants

Tenant SF Occupied Lease End Date
Budget Pawn Brokers Inc
Scape Beauty Salon

Amenities

  • 24 Hour Access
  • Controlled Access
  • Fenced Lot
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
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 20 min 1.1 mi
Mets-Willets Point Station (Port Washington Branch - Long Island Rail Road) 9 min - 2.8 mi
Transit/SubwayDriveWalkDistance
82 Street-Jackson Heights (7 - New York MTA Subway (The Subway)) 1 min 2 min 0.1 mi
Elmhurst Avenue (E - 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
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 9 min 0.4 mi
90 Street-Elmhurst Avenue (7 - New York MTA Subway (The Subway)) 1 min 9 min 0.5 mi
Grand Avenue-Newtown (E - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 3 min 16 min 0.8 mi
AirportDriveWalkDistance
LaGuardia 8 min - 2.7 mi
John F Kennedy International 20 min - 11.4 mi
Newark Liberty International 34 min - 20.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
Matthew Shane 516-279-8828 All Island Commercial
Matthew Shane 516-279-8828 All Island Commercial