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$1,650,000
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Property Description
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.
Full Property Details
Full Property Details for 54-47 83rd St
General
- Price: $1,650,000
- Taxes: $39,239
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 972492
- Updated: 3/16/2026
- Added to Site: 67 day(s) ago
Interior
- Interior Features: Other
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Driveway
Location
- County: Queens
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Baseboard, Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full Basement
- Building Size: 3528
- Square Feet: 3,528
- Year Built: 1989
Lot Features
- Lot Size (Acres): 0.0482
- Lot Size (Sq. Ft.): 2,100
Financial Considerations
- Tax Amount: $39,239
Disclosures and Reports
- Special Conditions: None
- Property ID: 02905-0178
Listed by E Realty International Corp
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Schools
Schools serving 54-47 83rd St
School District:New York City Geographic School District 24
| Name | Grades | Distance |
|---|---|---|
Ps 58 School Of Heroes 72-24 Grand Ave, Queens, NY 11378 | K-5 | 0.5 mi |
Is 73 The Frank Sansivieri Intermediate School 70-02 54th Ave, Queens, NY 11378 | 6-8 | 0.7 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 54-47 83rd St
Date
Details
Price
Change
Source
3/16/2026
Listed
$1,650,000
—
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 54-47 83rd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$39,432
—
$340,689
8%
2025
$39,432
8%
$315,453
-3%
2024
$36,517
8%
$324,540
20%
2023
$33,812
-16%
$270,450
-20%
2022
$40,046
5%
$337,950
-15%
2021
$38,249
5%
$397,800
-2%
2020
$36,533
8%
$405,000
20%
2019
$33,828
6%
$337,500
34%
2017
$31,940
3%
$251,117
5%
2016
$30,921
7%
$239,850
6%
2015
$29,026
90%
$225,308
8%
2014
$15,297
46%
$208,620
8%
2013
$10,475
—
$193,167
—
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 54-47 83rd St
54-47 83rd Street, Elmhurst, NY 11373 (MLS# 972492) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 54-47 83rd Street is currently listed for $1,650,000 and was received on March 16, 2026. Want to learn more about 54-47 83rd Street? Do you have questions about finding other Multi-Family real estate for sale in Elmhurst? You can browse all Elmhurst real estate or contact a Coldwell Banker agent to request more information.

