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$1,897,000 Just Listed
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Property Description
Exceptional mixed-use investment opportunity just a few blocks from bustling Roosevelt Avenue in the heart of Elmhurst. This solid brick property offers the perfect combination of flexibility, income potential, and long-term value for both owner-users and investors. The property features a first-floor medical office, a second-floor office that will be delivered vacant, and a third-floor 3-bedroom apartment that can be delivered vacant, providing exceptional flexibility for an owner-user or investor looking to occupy or lease the available spaces. The property also includes two front parking spaces, a valuable convenience for businesses, clients, and tenants alike. Surrounded by restaurants, shopping, medical offices, and everyday conveniences, this property enjoys outstanding visibility and is conveniently located near the 7 train and Q32 & Q29 bus lines, making it an ideal location for businesses, tenants, and future occupants alike. Estimated market rents: first-floor medical office $5,000/month, second-floor office $4,000/month, and third-floor apartment $3,500/month (approximately $150,000 annual gross potential). Actual Yearly Expenses: $52,872. Whether you're looking to invest or occupy, this versatile mixed-use property offers outstanding flexibility and long-term value.
Full Property Details
Full Property Details for 40-10 Forley St
General
- Price: $1,897,000
- Taxes: $38,172
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 1025516
- Updated: 7/14/2026
- Added to Site: 3 day(s) ago
Business
- Business Type: Mixed, Professional/Office, Residential
Parking
- Total Spaces: 2
- Parking Features: Off Street
Location
- County: Queens
- Cross Streets: Britton Avenue
- Driving Directions: Britton Avenue to Forley Street
School Information
- High School District: Queens24
- Elementary School: PS 89 Jose Peralta School Of Dreamers
- Middle School: Is 73 Frank Sansivieri Intermediate School (The)
- High School: Newtown High School
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Hot Air, Natural Gas
- Heating Zones: 2
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Natural Gas Available, Sewer Available, Trash Collection Public, Water Available
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Building Size: 3060
- Square Feet: 3,060
- Year Built: 1955
Lot Features
- Lot Size (Acres): 0.0468
- Lot Size (Sq. Ft.): 2,040
- Zoning: R4/R6
Financial Considerations
- Tax Amount: $38,172
Disclosures and Reports
- Special Conditions: None
- Property ID: 01503-0016
- Block: 1503
- Lot Number: 16
Listed by NY Superior Realty
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Schools
Schools serving 40-10 Forley St
School District:New York City Geographic School District 24
| Name | Grades | Distance |
|---|---|---|
Ps 89 Elmhurst 85-28 Britton Ave, Queens, NY 11373 | K-5 | 0.1 mi |
Is 73 The Frank Sansivieri Intermediate School 70-02 54th Ave, Queens, NY 11378 | 6-8 | 1.4 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 40-10 Forley St
Date
Details
Price
Change
Source
7/14/2026
Listed
$1,897,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 40-10 Forley St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$37,891
—
$369,270
5%
2025
$37,891
1%
$352,080
-5%
2024
$37,702
-1%
$371,700
4%
2023
$37,979
2%
$358,560
2%
2022
$37,272
18%
$350,100
19%
2021
$31,569
-21%
$295,200
-26%
2020
$40,209
3%
$398,700
4%
2019
$39,176
8%
$384,750
3%
2017
$36,289
—
$373,050
-2%
2017
$36,289
5%
$381,150
3%
2016
$34,726
4%
$370,350
6%
2015
$33,461
20%
$349,650
11%
2014
$27,798
26%
$314,550
1%
2013
$22,123
—
$310,049
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40-10 Forley St
4010 Forley Street, Elmhurst, NY 11373 (MLS# 1025516) is a Commercial property. 4010 Forley Street is currently listed for $1,897,000 and was received on July 14, 2026. Want to learn more about 4010 Forley Street? Do you have questions about finding other Commercial real estate for sale in Elmhurst? You can browse all Elmhurst real estate or contact a Coldwell Banker agent to request more information.

