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$1,690,000
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Property Description
8-Unit Investment Building in Forest Hills Free-market rent opportunity in the heart of Forest Hills. Built in 1989, this well-located property features: - 7 one-bedroom units - 1 studio apartment - Annual rental income: $176,520 - Some units with generously sized balconies - Two-car parking spaces - Building size: approximately 30' & 45' - Tenants pay all utilities except water Conveniently located just two blocks from subway and bus transportation, near shopping, dining, schools, and other amenities. Only minutes from Manhattan. Must see!
Full Property Details
Full Property Details for 76-18 Grand Central Pkwy
General
- Price: $1,690,000
- Taxes: $55,471
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 970411
- Updated: 8/14/2026
- Added to Site: 220 day(s) ago
Rental Information
- Complex Features: Balcony, Walk Up
Parking
- Total Spaces: 2
- Parking Features: Driveway, Off Street
Location
- County: Queens
- Cross Streets: 76 Ave
- Driving Directions: Please See Mapquest.Com
School Information
- High School District: Queens 28
- Elementary School: Ps 196 Grand Central Parkway
- Middle School: Jhs 157 Stephen A Halsey
- High School: Hillcrest High School
Heating & Cooling
- Cooling Type: Ductless
- Heating Type: Hot Air
- Heating Zones: 8
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Stories/Levels: 4
- Stories in Building: 4
- Building Size: 5400
- Square Feet: 5,400
- Year Built: 1989
Lot Features
- Lot Size (Sq. Ft.): 3,000
- Frontage: Municipal
- Lot Features: Back Yard, Front Yard, Near Public Transit, Near School, Paved, Views
- Zoning: R6
Financial Considerations
- Tax Amount: $55,471
- Tenant Pays: Electricity, Gas, Heat
Disclosures and Reports
- Special Conditions: None
- Property ID: 02267-0129
- Block: 2267
- Lot Number: 129
Listed by Block & Lot Services Inc
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Schools
Schools serving 76-18 Grand Central Pkwy
School District:New York City Geographic School District 28
| Name | Grades | Distance |
|---|---|---|
Ps 196 Grand Central Parkway 71-25 113th St, Queens, NY 11375 | K-5 | 0.4 mi |
Jhs 157 Stephen A Halsey 63-55 102nd St, Queens, NY 11374 | 6-9 | 1.5 mi |
Hillcrest High School 160-05 Highland Ave, Queens, NY 11432 | 9-12 | 1.7 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 76-18 Grand Central Pkwy
Date
Details
Price
Change
Source
8/04/2026
Price Reduced
$1,690,000
-5.06%
MLS
5/18/2026
Price Increased
$1,780,000
5.95%
MLS
3/11/2026
Listed
$1,680,000
52.73%
MLS
8/12/2014
Sold
$1,100,000
—
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 76-18 Grand Central Pkwy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$55,794
—
$445,950
—
2025
$55,794
3%
$446,355
-26%
2024
$54,074
8%
$604,800
51%
2023
$50,068
10%
$400,483
-7%
2022
$45,488
8%
$429,300
25%
2021
$42,119
-7%
$343,350
-10%
2020
$45,133
2%
$380,700
-20%
2019
$44,270
7%
$475,920
37%
2017
$41,293
—
$347,015
7%
2017
$41,293
7%
$324,657
8%
2016
$38,754
8%
$300,609
8%
2015
$35,859
2%
$278,343
2%
2015
$35,097
5%
$273,019
2%
2013
$33,547
—
$266,935
—
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 76-18 Grand Central Pkwy
76-18 Grand Central Parkway, Forest Hills, NY 11375 (MLS# 970411) is a Commercial property. 76-18 Grand Central Parkway is currently listed for $1,690,000 and was received on March 11, 2026. Want to learn more about 76-18 Grand Central Parkway? Do you have questions about finding other Commercial real estate for sale in Forest Hills? You can browse all Forest Hills real estate or contact a Coldwell Banker agent to request more information.

