3201 JunctionEast Elmhurst, NY 11369Price: $2,480,000

  • Price: $2,480,000
  • Est. Mortgage of $/month
  • 64 Days on Market
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
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  • $2,480,000List Price

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Prime Mixed-Use Corner Property in the heart of East Elmhurst! This well-maintained building offers an excellent investment opportunity with two residential units and two commercial storefronts. The property sits on a corner lot with great visibility and heavy foot and vehicle traffic. Lot size: approx. 2,040 SF Building size: 20 x 80 Commercial Units (1st Floor): o Front Store: Established laundromat with brand new machines installed in 2024, featuring 18 washers and 18 dryers. Stable and proven business-ideal for an owner-operator or investor seeking immediate cash flow. o Rear Store: Barbershop with a long-term tenant and stable rent. Residential Units (2nd Floor): o Front Unit: 3 bedrooms, 1 bathroom o Rear Unit: 2 bedrooms, 1 bathroom Both apartments are well laid out and in good condition with strong rental demand. The property is in excellent condition and offers multiple income streams, making it ideal for investors or buyers looking to operate the laundromat business while collecting rental income. High income potential - turnkey investment opportunity.

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Listed by Shuobo Zheng of Royalux Realty LLC (646-358-2669)

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 20, 2026 5:20 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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