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88-37 54th Avenue

$1,299,000
88-37 54th Avenue, Elmhurst, NY 11373
88-37 54th Avenue

88-37 54th Avenue

$1,299,000

Renovation or redevelopment opportunity in the heart of Elmhurst. Situated on an approximately 25' × 90' lot totaling approximately 2,252 SF within an R6B zoning district, the property includes an existing structure that has been fully gutted, offering buyers the flexibility to explore renovation, reconfiguration, alteration, or redevelopment, subject to all required approvals.

A full set of proposed architectural plans is available depicting one possible four-story, eight-unit residential concept. Buyers may also evaluate alternative residential configurations, including potential one-, two-, or three-family use, based on zoning, building code requirements, existing conditions, and agency approvals. Renovating the existing structure may provide a more streamlined and potentially cost-effective alternative to complete demolition and ground-up redevelopment. Whether pursued as a value-add renovation, a customized owner-occupied residence, or a larger redevelopment project, the property offers multiple paths to create value.

Located near the Grand Avenue-Newtown subway station, Queens Boulevard, shopping, dining, parks, and major roadways, the property offers convenient access throughout Queens and to Manhattan.

Property is being sold as-is. Buyer is responsible for independently verifying zoning, architectural plans, buildable square footage, utilities, permitted use, and all renovation or redevelopment potential.
Li (Barbie) Li
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Features & Amenities

Interior

Appliances None
Other Interior Features Other

Exterior

Garage Space 2.0
Water Source None
Utilities None
Parking Driveway, Garage
Heat type None, Other
Air Conditioning None
Sewer Public Sewer

Area & Lot

Status For Sale
LIVING SPACE 1,808 Sq.Ft.
LOT SIZE 2,252 Sq.Ft.
MLS® ID 1031828
Type Residential
Year Built 1920
Neighborhood Elmhurst
Architecture Styles Colonial
ELEMENTARY SCHOOL Ps 7 Louis F Simeone
MIDDLE SCHOOL Is 5 Walter Crowley Intermediate
HIGH SCHOOL Newtown High School
School District Queens24

Financial

SALES PRICE $1,299,000
REAL ESTATE TAXES $6,654/yr
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Schedule a Showing

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Thank you for your interest in 88-37 54th Avenue, Elmhurst, NY 11373. We are reviewing your request and will be in touch shortly!

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Elmhurst

Elmhurst

One of the most culturally diverse neighborhoods in Queens, offering a unique blend.

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Led by Li (Barbie) Li, our team delivers expert guidance, strategic insight, and results-driven service across New York City. From first-time buyers to seasoned investors, we’re committed to helping you move with confidence.

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