81-06 Baxter Ave - Commercial Condos

81-06 Baxter Ave, Elmhurst, NY 11373

Property Information

  • For Sale $4,500,000
  • Property Type Retail
  • Property Size 6,776 SF
  • Cap Rate % 7.39
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 2009
  • Date Updated Oct 29, 2026

Description

100% Leased Turnkey Asset:

with 81 feet of retail frontage along Baxter Avenue.

8 commercial Condominium Units

Spanning 6,776 SF across three stable tenant groups.

Benefits From 11 Remaining Years

Of a 25-year ICAP tax abatement, providing an attractive

net present value boost and strong initial returns.

Ideal for local operators

Property management firms, and 1031 buyers seeking

high-yielding, low-maintenance commercial space with

immediate, stabilized cash flow.

Situated directly opposite of NYC Health

+ Hospitals/Elmhurst in a high-density, heavily trafficked

commercial corridor.

Minutes from E, F, M, and R train lines

Key bus routes (Q33, Q49, Q70-SBS), and LaGuardia Airport.

Situated steps from vibrant commercial corridors

Offering a rich array of restaurants, nightlife, banking,

and daily retail conveniences

Contacts

Location

Located at 81-06 Baxter Ave, Elmhurst, NY 11373, this property is part of the Elmhurst neighborhood and Queens market.

  • 98/100 Walker's Paradise
  • 100/100 Rider's Paradise
  • 79/100 Very Bikeable
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