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$950,000
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Property Description
Prime Investment & Living Opportunity in East Elmhurst Corner Lot. Location, location, location! Unlock the potential of this large corner lot at 98th St. & 24th Ave, offering exceptional investment and lifestyle opportunities. Whether you are an investor seeking development possibilities or an end user looking for income potential, this property delivers. The spacious first-floor residence features two bedrooms, a living room, dining room, kitchen, bath, and a full basement with endless possibilities perfect for additional living space, storage, or rental potential. What sets this property apart? Expansive yard space & 5-car driveway, a rare find in this prime location. Income-producing opportunity, live comfortably while generating rental revenue. It is an unbeatable location in the heart of East Elmhurst, walking distance to LaGuardia Airport and just 15 minutes to Manhattan via the Grand Central Parkway. Excellent transit access, a short bus ride to the N/W or #7 trains, making commuting effortless. This versatile and high-potential property is a rare gem in an unbeatable location. Invest, live, and grow, schedule your viewing today!
Full Property Details
Full Property Details for 24-02 98th St
General
- Sold For: $950,000
- Taxes: $6,447
- Status: Closed
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 826346
- Added to Site: 398 day(s) ago
Interior
- Interior Features: First Floor Bedroom, Formal Dining
- Laundry Facilities: Yes
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Basement
Exterior
- Porch/Patio/Deck: Patio
Parking
- Total Spaces: 5
Location
- County: Queens
- Cross Streets: 24th Avenue
- Driving Directions: Grand Central Parkway to 94th Street. South on 94th St, then East on 24th Ave to 98th Street.
- Direction Faces: East
School Information
- High School District: Queens 30
Heating & Cooling
- Cooling Type: Multi Units
- Heating Type: Baseboard, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Cape Cod
- Detached/Attached: Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Full Basement
- Windows: Insulated Windows
- Building Size: 1294
- Square Feet: 1,294
- Year Built: 1930
Lot Features
- Lot Size (Acres): 0.1333
- Lot Size (Sq. Ft.): 5,805
- Fence: Yes
- Lot Features: Back Yard, Corner Lot, Front Yard, Near Public Transit, Near Shops
- Fencing (Description): Chain Link, Fenced, Front Yard, Full
Financial Considerations
- Tax Amount: $6,447.28
Disclosures and Reports
- Special Conditions: None
- Property ID: 01108-0007
- Block: 1108
- Lot Number: 7
Listed by Value Realty Group
Sold by Success King Realty
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Schools
Schools serving 24-02 98th St
School District:New York City Geographic School District 30
| Name | Grades | Distance |
|---|---|---|
Ps 127 Aerospace Science Magnet 98-01 25th Ave, Queens, NY 11369 | PK-8 | 0.1 mi |
Is 145 Joseph Pulitzer 33-34 80th St, Queens, NY 11372 | 6-8 | 1.2 mi |
William Cullen Bryant High School 48-10 31st Ave, Queens, NY 11103 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 24-02 98th St
Date
Details
Price
Change
Source
6/23/2025
Sold
$950,000
-4.81%
MLS
2/21/2025
Listed
$998,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2402 98th Street, East Elmhurst, NY 11369 (MLS# 826346) is a Multi-Family property that was sold at $950,000 on June 23, 2025. Want to learn more about 2402 98th Street? Do you have questions about finding other Multi-Family real estate for sale in East Elmhurst? You can browse all East Elmhurst real estate or contact a Coldwell Banker agent to request more information.

