Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
51-06 Hillyer Street
Interested in this property?
Active For Sale Multi Family

$1,500,000

$536 per sq ft

51-06 Hillyer Street

Elmhurst, Queens

MLS® #RLS20097401

RLS at REBNY

Listing by Modern Spaces

Studio

3

Baths

2,800

Sq. Ft.

1965

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 3
Living Area 2,800 sq ft
Lot Size 2,100 sq ft
Year Built 1965
Ownership None
Property Taxes $12,000/yr
Neighborhood Elmhurst

Property Highlights

  • Style: WalkUp architecture

Property Details

Type Multi Family
Ownership None
Baths 3 Full
Pets Yes
Cross Street 51st Avenue/Kneeland Avenue
Year Built 1965
Living Area 2,800 sq ft
Architectural Style WalkUp
Structure Type MultiFamily
Lot Size 2,100 sq ft
Block/Lot 2469/0007

Listing History

Event Date Price Change
Listed Jun 12, 2026 $1,500,000 -
Currently Jun 12, 2026 $1,500,000 -

Description

51-06 Hillyer Street, Elmhurst, NY Rare opportunity to acquire a well-maintained three-family property in the heart of Elmhurst, one of Queens’ most desirable and high-demand rental markets. Conveniently located near public transportation, major highways, shopping, dining, schools, and parks, this property offers excellent accessibility and strong long-term investment potential. Ideal for investors or owner-users seeking stable income and future appreciation in a prime Queens location. Property Highlights * Three-family building * Strong rental demand * Convenient access to transportation * Close to Queens Center Mall and major neighborhood amenities * Excellent investment or end-user opportunity A solid multifamily asset in a thriving Queens neighborhood.

Features & Amenities

Interior Features

See Remarks

Building Information

Building Data View Compliance & Permits
Stories 3
Structure MultiFamily
Style WalkUp

Financial Details

RE Taxes $12,000/yr ($1,000/mo)

Elmhurst is a dynamic and bustling neighborhood in central Queens. Known for its incredible culinary scene and bustling commercial corridors, the area offers a high-energy urban lifestyle. The real estate market is characterized by a wide range of housing options, from spacious pre-war cooperatives and traditional multi-family houses to sleek new construction condominiums that provide excellent value and a quick commute to Manhattan and Long Island City.

Elmhurst Live Market Data

View Neighborhood

Active Listings

14

Median Asking Price

$491K

Median $/Sqft

$625

Avg Days on Market

N/A

New This Week

1

Price Reduced

29%

Sold (30 Days)

0

Median Sale Price

$1.19M

Live data from RLS at REBNY • Updated 6/12/26, 1:05 PM EST

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Location

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51-06 Hillyer Street, Elmhurst, Queens County • Near 51st Avenue/Kneeland Avenue

Building Information

Official NYC property records for this building

1965
Year Built
61 years old
3
Floors
3
Residential Units
R4B
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $83,880
Land Value: $25,020
Exemptions: $1,420

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,100 SF
Building Area: 2,748 SF
Built FAR: 1.31
Allowed FAR: 1

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed annual property tax is $12,000, or roughly $1,000 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 3 full bathrooms.

The listed interior living area is 2,800 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1965, making it approximately 61 years old.

This listing is None

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,500,000 for 2,800 sq ft, the asking price per square foot is approximately $536. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20097401
First Listed: 6/12/2026
On Market: 6/12/2026
Price Changed: 6/12/2026
Contract Date: 6/12/2026

Listing Courtesy of Modern Spaces - Angelos Grammatikos

Listing Contact: (347) 213-8705

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 6/12/2026 at 5:05 PM UTC

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