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Investment Highlights
- Prime Elmhurst Corner Location
- Flexible Layout for Multiple Uses
- Steps from Subway Access
Executive Summary
Now available for sale, 83-29 Broadway offers a rare chance to acquire a well-located mixed-use retail building in the heart of Elmhurst, Queens. Built in 1988, the three-story, roughly 3,864-square-foot building contains three separate commercial units, providing a new owner with immediate leasing potential, diversified income streams, and room to grow rents as the space is repositioned. The property sits at the busy intersection of Baxter Avenue, Ithaca Street, and 82nd Street, a corridor known for exceptional foot traffic and visibility, surrounded by national and local retailers including Chipotle, Starbucks, Target, Chick-fil-A, and Popeyes.
Transportation access is a standout feature: the building sits just one block from the 82nd Street/Roosevelt Avenue subway station, offering tenants and their customers quick connections to Manhattan and Downtown Flushing. With four units and a location that draws steady daily traffic, 83-29 Broadway represents a compelling opportunity for an investor seeking a stable, diversified retail asset in one of Queens' most dynamic commercial corridors.
Transportation access is a standout feature: the building sits just one block from the 82nd Street/Roosevelt Avenue subway station, offering tenants and their customers quick connections to Manhattan and Downtown Flushing. With four units and a location that draws steady daily traffic, 83-29 Broadway represents a compelling opportunity for an investor seeking a stable, diversified retail asset in one of Queens' most dynamic commercial corridors.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,900 SF
Building Class
C
Year Built
1988
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.98
Lot Size
0.03 AC
Zoning
C1-3 - Typically allows for small-scale commercial and community facility uses, often found in residential neighborhoods, with some residential development
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 01580-0103 | Improvements Assessment | $514,018 CAD |
| Land Assessment | $49,221 CAD | Total Assessment | $563,239 CAD |
Property Taxes
Parcel Number
01580-0103
Land Assessment
$49,221 CAD
Improvements Assessment
$514,018 CAD
Total Assessment
$563,239 CAD
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83-29 Broadway
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