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$3,750,000 Just Listed
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Property Description
Well-maintained residential building located in the heart of Elmhurst. This property offers a great investment opportunity with multiple income-producing 7 units. Conveniently situated near shopping, restaurants, parks, and public transportation, providing easy access to Manhattan and other parts of Queens. Located in a vibrant and highly desirable neighborhood with strong rental demand. Excellent opportunity for investors seeking stable income and long-term value.
Full Property Details
Full Property Details for 88-34 54th Ave
General
- Price: $3,750,000
- Taxes: $32,864
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 972667
- Updated: 3/17/2026
- Added to Site: 1 day(s) ago
Parking
- Parking Features: None
Location
- County: Queens
Heating & Cooling
- Cooling Type: Electric
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Electricity Available, See Remarks
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Common
- Building Size: 5529
- Square Feet: 5,529
- Year Built: 2022
Lot Features
- Lot Size (Acres): 0.0574
- Lot Size (Sq. Ft.): 2,502
- Zoning: R6B
Financial Considerations
- Tax Amount: $32,864.24
Disclosures and Reports
- Special Conditions: None
- Property ID: 01840-0013
Listed by Skylux Realty Inc
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Schools
Schools serving 88-34 54th Ave
School District:New York City Geographic School District 24
| Name | Grades | Distance |
|---|---|---|
Ps 7 Louis F Simeone 80-55 Cornish Ave, Queens, NY 11373 | PK-3 | 0.5 mi |
Is 5 The Walter Crowley Intermediate School 50-40 Jacobus St, Queens, NY 11373 | 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 88-34 54th Ave
Date
Details
Price
Change
Source
3/17/2026
Listed
$3,750,000
188.46%
MLS
6/06/2017
Sold
$1,300,000
—
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 88-34 54th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$33,188
—
$265,505
-16%
2024
$33,193
23%
$315,900
47%
2023
$26,919
10%
$215,317
-30%
2022
$24,456
961%
$309,573
137%
2021
$2,305
-37%
$130,500
650%
2020
$3,683
-22%
$17,400
-67%
2019
$4,702
15%
$53,520
153%
2017
$4,077
—
$21,139
5%
2017
$4,077
28%
$20,062
6%
2016
$3,175
3%
$18,987
—
2015
$3,091
11%
$18,984
3%
2014
$2,784
13%
$18,511
5%
2013
$2,459
—
$17,616
—
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 88-34 54th Ave
8834 54th Avenue, Elmhurst, NY 11373 (MLS# 972667) is a Commercial property. 8834 54th Avenue is currently listed for $3,750,000 and was received on March 17, 2026. Want to learn more about 8834 54th Avenue? 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.

