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$5,000,000
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Property Description
Prime 20-Unit Investment Property in the Heart of Elmhurst - This exceptional brick building offers investors a rare combination of high-yield cap rate and stability with 18 two-bedroom apartments, 1 large studio, and 1 three-bedroom unit. A vacant two-bedroom apartment available for immediate showing. Located in desirable Elmhurst with excellent transportation access, this well-maintained property features stable, long-term tenants under professional management, providing consistent cash flow with minimal hands-on involvement. The solid brick construction, prime location, and established tenant base make this a turnkey investment opportunity perfect for both seasoned investors and those seeking to add a reliable income-producing asset to their portfolio.
Full Property Details
Full Property Details for 41-71 Denman St
General
- Price: $5,000,000
- Taxes: $66,500
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 902460
- Updated: 8/19/2025
- Added to Site: 152 day(s) ago
Location
- County: Queens
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Other
Utilities
- Sewer: Other
- Water: Other
- Utility Description: See Remarks
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full Basement
- Building Size: 16920
- Square Feet: 16,920
- Year Built: 1936
Lot Features
- Lot Size (Acres): 0.1148
- Lot Size (Sq. Ft.): 5,000
Financial Considerations
- Tax Amount: $66,500
- Tenant Pays: Electricity
Disclosures and Reports
- Special Conditions: None
- Property ID: 01574-0001
Listed by Winzone Realty Inc
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Schools
Schools serving 41-71 Denman St
School District:New York City Geographic School District 24
| Name | Grades | Distance |
|---|---|---|
Ps 19 Marino Jeantet 98-02 Roosevelt Ave, Queens, NY 11368 | K-5 | 0.4 mi |
Is 61 Leonardo Da Vinci 98-50 50th Ave, Queens, NY 11368 | 6-8 | 0.6 mi |
Newtown High School, Queens, NY 48-01 90th St, Queens, NY 11373 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 41-71 Denman St
Date
Details
Price
Change
Source
8/18/2025
Listed
$5,000,000
405.56%
MLS
2/05/1999
Sold
$989,000
—
Public Record
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 41-71 Denman St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$67,410
1%
$539,280
-5%
2024
$66,457
3%
$565,650
10%
2023
$64,340
6%
$514,640
-3%
2022
$60,912
6%
$527,850
13%
2021
$57,520
-11%
$468,900
-21%
2020
$64,513
8%
$591,750
4%
2019
$59,995
14%
$569,250
4%
2017
$52,737
—
$544,950
4%
2017
$52,737
12%
$522,900
2%
2016
$47,003
15%
$513,450
24%
2015
$40,767
21%
$413,100
22%
2014
$33,613
-8%
$338,850
19%
2013
$36,632
—
$284,850
—
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 41-71 Denman St
41-71 Denman Street, Elmhurst, NY 11373 (MLS# 902460) is a Commercial property. 41-71 Denman Street is currently listed for $5,000,000 and was received on August 18, 2025. Want to learn more about 41-71 Denman 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.

