23-58 80th Street, East Elmhurst, NY 11370
Local realty services provided by:ERA Top Service Realty
23-58 80th Street,East Elmhurst, NY 11370
$1,048,000
- 3 Beds
- 3 Baths
- 1,365 sq. ft.
- Multi-family
- Pending
Listed by: yanan eill, carol j. jia
Office: e realty international corp
MLS#:1017177
Source:OneKey MLS
Price summary
- Price:$1,048,000
- Price per sq. ft.:$767.77
About this home
This two-family home in East Elmhurst is a fantastic investment opportunity with significant earning potential. Here’s a detailed breakdown of its features and benefits:
Investment Highlights
- **Cap Rate**: 8%
- **Projected Annual Income**: Approximately $140,000
- **Additional Income**: Large parking lot potential for renting space for boats and jet skis, alongside car parking
Property Overview
- **Location**: Prime East Elmhurst, with unobstructed views extending to Grand Central
- **Type**: Legally permitted two-family, all-brick corner property
- **Built**: 2006
- **Stories**: Three above ground plus a basement
- **Renovation**: Newly renovated with high ceilings and hardwood floors
Unit Configuration
- **Total Bedrooms**: 3
- **Total Bathrooms**: 4
- **First Floor**:
- 1 bedroom
- 1 bathroom
- Kitchen and living room
- **Second & Third Floors**:
- Each with 2 bedrooms
- Each with 2 bathrooms
- Kitchen and living room
- **Basement**:
- Separate entrance
- Storage room
- 1 bathroom
Additional Features
- **Outdoor Space**: Sitting area available for barbecues
- **Parking**:
- Multiple spaces for 4-5 cars
- Potential for additional income from renting space for boats and jet skis
- **Zoning**: R4
- **Property Taxes**: Low at $8,882
Location Benefits
- **Proximity to Transportation**:
- Just a 2-minute walk to bus stops (Q19, Q69, Q33, Q47)
- Convenient access for Manhattan commuters
- **Nearby Amenities**:
- Supermarkets, banks, restaurants, and other essential services are within easy reach
Ideal Use Cases
- **Investors**: Strong income potential with high demand for rentals in the area
- **Owner-Occupants**: Comfortable living space with options for rental income
This property combines modern amenities with a prime location, making it a great option for both investors and future homeowners....
Contact an agent
Home facts
- Year built:2006
- Listing ID #:1017177
- Added:96 day(s) ago
- Updated:September 28, 2026 at 08:36 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Basement:Yes
- Basement Description:Finished, Full
- Living area:1,365 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:2006
- Building area:1,365 sq. ft.
- Lot area:0.03 Acres
- Construction Materials:Brick
Schools
- High school:William Cullen Bryant High School
- Middle school:Is 141 Steinway (The)
- Elementary school:Ps 2 Alfred Zimberg
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,048,000
- Price per sq. ft.:$767.77
- Tax amount:$8,882 (2025)
Parking
- Total parking spaces:4
- Parking description:Driveway
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