88-37 54th Avenue, Elmhurst, NY

$1,299,000

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0.05

Acres

About 88-37 54th Avenue

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.

Features of 88-37 54th Avenue

MLS® # 1025501
Price $1,299,000
Acres 0.05
Taxes $6,654
Type Land
Status Active

Community Information

Address 88-37 54th Avenue
City Elmhurst
County Queens
State NY
Zip Code 11373
Adult 55+ Community No

Amenities

Utilities None
Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No

School Information

District Queens24
Elementary Ps 7 Louis F Simeone
Middle Is 5 Walter Crowley Intermediate
High Newtown High School

Additional Information

Date Listed July 14th, 2026
Days on Market 87
Zoning R6B
Short Sale No
RE / Bank Owned No

Listing Details

OfficeB Square Realty
Contact Info646-889-9988

Listing Map

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