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88-37 54th Avenue

Elmhurst, NY 11373
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Acres0.05

Acre(Lot)

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 cos t-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.

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Detail Ic Property Details

Property Type : Land

Price : $1,299,000

AD Id : 88059554

MLS Id : 1025501

Lot Size : 0.05 Acre(Lot)

County : Queens

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Feature Features

  • Lot Information

    Lot Dimensions: 25ft * 90ft Lot Size Acres: 0.0517 Lot Size Square Feet: 2252

  • Listing Price Information

    Listing Price: $1299000

  • Tax Information

    Parcel Number: 01839-0038 Annual Tax: $6654

  • School Information

    Elementary School: Ps 7 Louis F Simeone
    Junior High School: Is 5 Walter Crowley Intermediate
    Senior High School: Newtown High School
  • Utility Information

    None
  • Location Information

    Direction: Google Maps WaterSource: None
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
47-11 90th Street, Elmhurst, NY, 11373 $10,000,000 -- -- -- 1.05 Acres(Lot)
51-63 Codwise Place, Elmhurst, NY, 11373 $1,980,000 -- -- -- 0.07 Acre(Lot)
7425 43rd Avenue #3A, Elmhurst, NY, 11373 $794,000 3 2 860 Acres (Lot)--

The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 09/01/2026 @ 12:56

MLS: 1025501 LISTED BY: Li Li, B Square Realty 718-939-8388 SOURCE: OneKey MLS

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