RealtyLens
for saleRealtyLens property overview
$3,330,000

9017 56th Ave

Elmhurst, NY, 11373
View more Elmhurst, NY property pages
9Beds
7Baths
4,911Sqft
$678$/sqft

Listing Notes

Newly Built Six Family In Heart Of Elmhurst, One Block from Elmhurst Shopping Mall! Dimond Condition, Each Unit Features 2 bed 1 bath, All Tenants pays their own utilities Currently collecting rent more than $200k+ annually. Turn-key investment opportunity!

Market Insights

Below nearby median-51%

$678/sqft vs a nearby median of $1376/sqft.

Nearby median$1376/sqft
Nearby properties12
Property size4,911 sqft
  • -51% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 4,911 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$7.03M$6.45M$7.60M · 58% confidence
vs ask $3.33M−$3.70M (−111.1%)

Asking price is about 111.1% below the fair value — likely to draw competing offers if it's still on market.

$1,376/sqft median across 1 tight comps × 4,911 sqft= $6.76M
  • Transit access+$169k +2.5%
  • Modern construction+$101k +1.5%
Cumulative NYC adjustments+$270k+4.0%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-51% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
12 days
Last price change
No change recorded
Listed
Apr 30, 2026
Photos
10 photos
Property type
single family
Status
for sale

Features & Amenities

Hardwood FloorsBasementRental PropertyInvestment OpportunityShopping

Photos

Price History

May 4, 2026Initial record
$3,330,000for sale

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.