Andrea Mahoney - Smitchger Realty Logo
$1,599,000
 $8,584 est/mo Sourced by Back At You

8604 58th Avenue 3 Family,Elmhurst, NY 11373

Elmhurst, NY 11373

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Description

Rare Elmhurst Investment Opportunity! This immaculate, detached 3-family brick building (built 2005) is a dream asset for investors or owner-occupants looking for a live-and-earn setup. Spanning 2,610 sq ft, the property features a smart multi-family layout with 7 spacious BRs, 6 full BAs, plus a massive finished attic offering exceptional flexibility for storage or a home office. The spacious layout of 2 Bedroom , 2 Bathroom for each level is perfectly catered to the rental demand in the neighborhood. Maximum Cash Flow, Ultra-Low Overhead: The building benefits from incredible property tax exemptions, keeping your fixed monthly expenses remarkably low. Features 4 separate electric meters, shielding the landlord from utility bills as tenants pay their own heat and electricity. Property tax is currently only $1K annually, WOW! Unbeatable Location: Commuter's dream just blocks to the M/R subway lines for a 30 min ride into Manhattan. Steps from Queens Blvd shopping, dining, and parks. Turnkey brick construction with high rental demand and low maintenance. A perfect 1031 exchange asset! Come view your next home today!

Details

MLS #1011072
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year2005
Days On Site156
Listing Provided ByPrime Realty | Aislyn M. Zhu

Features

Bed(s)7
Bath(s) 6 Total
SQ Feet2,610
Units3
Acreage0.03

Interior

CoolingWall/Window Unit(s)
HeatingNatural Gas
Interior FeaturesFirst Floor Bedroom

Exterior

Construction MaterialsBrick

Parking

Garage Yes / NoNo
Parking FeaturesDriveway

Utilities

UtilitiesElectricity Connected
SewerPublic Sewer

Taxes

Tax Year2025
Tax Assessed Value89280
Tax Annual Amount1268.76

Area Information

StateNY
CountyQueens
CityElmhurst
Zip Code11373
School DistrictNewtown High School
Elementary SchoolPs 102 Bayview
High SchoolNewtown High School
Listing VS Median (in 11373)
Price:
$1,599,000
low | high
Med:
$538,000
100% of Average
sqft:
2,610
low | high
Med:
600
100% of Average
$ / sqft:
$613
low | high
Med:
$897
3.639774859287% of Average
On site:
156
low | high
Med:
78
100% of Average
Sourced by Back At You

Market Activity 11373

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Learn More About This Property

Andrea Mahoney

Andrea Mahoney

Smitchger Realty

 (845) 554-4792andreamahoney920@gmail.com
StateNY
CountyQueens
CityElmhurst
Zip Code11373
School DistrictNewtown High School
Elementary SchoolPs 102 Bayview
High SchoolNewtown High School
Listing VS Median (in 11373)
Price:
$1,599,000
low | high
Med:
$538,000
100% of Average
sqft:
2,610
low | high
Med:
600
100% of Average
$ / sqft:
$613
low | high
Med:
$897
3.639774859287% of Average
On site:
156
low | high
Med:
78
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.199M - $1.998M
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
86-06 58th Ave Property Photo 1
$1,450,000
86-06 58th Ave
Elmhurst, NY 11353
Listing Updated: October 1, 2026 at 9:36:16 PM PDT

Andrea Mahoney - Smitchger Realty