8604 58th AvenueElmhurst, NY 11373

Multi-Family · 7 Beds · 6 Full Baths · 2,610 Sq. ft. | 0.03 Acres
$1,650,000 Active

8604 58th Avenue Overview

Time on Site:
19 days

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!

Open Houses

  • PublicTue. Jun 306:15PM - 7:00PM EDT
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8604 58th Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,610
  • Price/Sq.ft. $632
  • Lot 0.03 Acres

Details

General

School Information

  • School District: Queens24
  • Elementary School: Ps 102 Bayview
  • Middle Or Junior School: Is 73 Frank Sansivieri Intermediate School (The)
  • High School: Newtown High School

Income/Expenses

  • Maintenance Expense: 0

Building Information

  • Year Built: 2005

Location/Region

  • County Or Parish: Queens
  • Postal City: Elmhurst

Tax Information

  • Tax Annual Amount: 1268.76
  • Tax Assessed Value: 89280
  • Tax Year: 2025

General Information

  • Parcel Number: 02872-0009
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 6
  • Bathrooms Total: 6
  • Bedrooms Total: 7

Building Interior

  • Building Area Total: 2610
  • Building Area Units: Square Feet

General Information

  • Basement: No
  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas
  • Interior Features: First Floor Bedroom

Exterior

Parking Information

  • Parking Features: Driveway
  • Parking Total: 1

Lot Information

  • Lot Size Square Feet: 1483
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick
  • Property Attached: No

General Information

  • Carport: No
  • Number Of Units Total: 3
  • Sewer: Public Sewer
  • Utilities: Electricity Connected

Unit Information

Unit 1 Details

  • Actual Rent: 2700
  • Beds Total: 2
  • Baths Total: 2

Unit 2 Details

  • Actual Rent: 2900
  • Beds Total: 2
  • Baths Total: 2

Unit 3 Details

  • Actual Rent: 3200
  • Beds Total: 3
  • Baths Total: 2

8604 58th Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

8604 58th Avenue Market Data

Based on the last 30 days in this zip code

$549,549
Average List Price
$347
Average Price per Square Foot
9
Properties Sold
164
Average Days on Market
172
Properties for Sale
Calculations provided by Reliance Network

8604 58th Avenue History

Date Event Value Agent
6/22/2026Source: OneKey MLS Status Change
Active
6/10/2026Source: OneKey MLS Added to Database
June 10, 2026
Listing provided courtesy of Prime RealtyAislyn M. Zhu- MLS# 1011072MLS ProviderContact Information: 718-229-2922