BEDS7
BATHS6 full
MLS#1011072
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLQueens24
Property 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!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Natural Gas
Lot Size: 0.03 Acres
Taxes: $1,268
Year Built: 2005
Amenities
First Floor Bedroom
Feature Descriptions
Building Area Total: 2610
Days on Site: 11
Exterior: Brick
Heating Units: 3
Maintenance Expense: 0
Maintenance Expense: 0
On Market Date: 2026-06-22
Parcel Number: 02872-0009
Parking Features: Driveway
Parking Total: 1
Rental Term: Monthly
Seller Concession: Yes
Separate Electric Meters: 4
Separate Gas Meters: 3
Sewer: Public Sewer
Units: 3
Utilities: Electricity Connected
Water: Public
Local Schools
High School: Newtown High School
Middle School: Is 73 Frank Sansivieri Intermediate School (The)
Elementary School: Ps 102 Bayview
School District: Queens24
Estimate Your Payment
Estimated Payment
$ 8,930.21 per month $8,343.30 Principal & Interest $105.67 Property Tax $481.25 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: Prime Realty
Agency Contact: 718-229-2922
Shown By
Agent Name: Ivette Echeverria
Agent Phone: Cell: (516) 661-8931
Agency Title: Coldwell Banker American Homes
8604 58th Avenue | MLS# 1011072
This multi-family property located at 8604 58th Avenue, Elmhurst, NY 11373 is currently listed for sale with an asking price of $1,650,000. 58th Avenue is located within the Queens24 school district. Search Elmhurst real estate on ivetteecheverria.cbamhomes.com today.