🏢 Investment Opportunity · East Elmhurst · Queens, NY
32-51 108th Street
East Elmhurst, NY 11369
3-Family Triplex · 7 Beds · 3 Baths · 3 Levels · Built 1930 · Asking $1,350,000
East Elmhurst triplex properties like this one are in high demand — similar homes sell quickly and command strong prices. This is a rare opportunity to acquire a 3-family building at a market-right price.
At $1,350,000, this property aligns exactly with comparable sold prices in East Elmhurst — giving buyers confidence in the valuation and sellers a competitive position.
A nearly identical 7-bed triplex at 9114 23rd Ave sold in just 19 days at $1,350,000 — demonstrating strong buyer demand for this property type in this zip code.
Three separate income-producing units across 3 floors with a total of 7 bedrooms — maximizing rental income potential and reducing single-tenant risk.
East Elmhurst sits steps from LaGuardia Airport, Grand Central Parkway, major bus lines, and is minutes from Jackson Heights, Astoria, and Flushing — keeping vacancy low.
Comparable triplex income in this area runs $8,950+/month ($107,400/yr). At $1,350,000 purchase price, this represents a compelling income-to-price ratio for Queens.
Live in one unit and collect rent from the other two — or rent all three floors for maximum passive income. Ideal for both owner-occupants and pure investors.
Sydney Sawyers conducted a full CMA on July 9, 2026 comparing this property to active and recently sold triplex properties in East Elmhurst.
Contact Sydney Sawyers directly for full property details, income information, and to schedule a private showing. This type of property in East Elmhurst moves fast — the last comparable sold in 19 days.
Based on the Comparative Market Analysis (July 9, 2026):
Comparable triplex properties in East Elmhurst are listed between $1,320,000 and $1,399,000. The only recent sale — a nearly identical 7-bed triplex — sold at $1,350,000 in just 19 days. This property is priced to move.
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