$1,550,000 $1,650,000
Updated 13 hours ago

54-47 83rd Street

Elmhurst, Queens | 54th Ave & 57th Ave

Multi-Family

$1,550,000 $1,650,000
floors / apts3 / 5
Lot Size21'x100'
Built Size21'x56'
ZoneR5
Building TypeHouse
RE Taxes$39,239

Property Description for 54-47 83rd Street

Well-maintained legal 4-family property located in the desirable Elmhurst neighborhood, conveniently close to Queens Center Mall, major shopping areas, and I-495 (Long Island Expressway). Situated in an established residential community with strong rental demand. The property features approximately 3,528 sqft of building area with a building size of 21 × 56 ft, set on a 21 × 100 ft lot, zoned R5. Built in 1989. This income-producing property currently generates approximately $10,850 in monthly rental income, offering stable tenants and consistent cash flow.Excellent opportunity for investors seeking a solid long-term income property in a prime Queens location with convenient access to transportation, shopping, and everyday amenities.

Listing History for 54-47 83rd Street

Now
06/10/2026
$1,550,000 [-$100,000] [6.1%]
Price Drop by Shirley (Hsin Yuan) Yang
E Realty International Corp.
03/16/2026
$1,650,000
Initial Price by Shirley (Hsin Yuan) Yang
E Realty International Corp.

Building Details for 54-47 83rd Street

OwnershipMulti-Family
Building TypeHouse
AccessWalk-up
Year Built1989
Floors/Apts3/5
Learn More About the Building

Contact Agents

Contact Agents

Shirley (Hsin Yuan) Yang
E Realty International Corp.
Licensed As
Yalan Guo
Salesperson
License#:
10401373026
Company:
E Realty International Corp.
Yalan Guo
E Realty International Corp.
View this property on the company's website
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 105143TH