BEDS3
BATHS3 full
MLS#1017177
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLQueens 30
Property Description
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 floorsUnit 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 bathroomAdditional 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 incomeThis property combines modern amenities with a prime location, making it a great option for both investors and future homeowners.
Upcoming Open Houses
Open House Saturday July 18th, 12:00pm - 3:00pm
Open House Sunday July 19th, 1:00pm - 3:00pm
Property Features
Property Type: Multi Unit - Multiple
Basement: Finished, Full
Basement: Yes
Cooling: None
Heating: Baseboard, Other
Lot Size: 0.03 Acres
Taxes: $8,882
Year Built: 2006
Amenities
Other
Feature Descriptions
Building Area Total: 1365
Days on Site: 23
Exterior: Brick
On Market Date: 2026-06-23
Parcel Number: 01032-0062
Parking Features: Driveway
Parking Total: 4
Rental Term: Monthly
Sewer: Public Sewer
Units: 2
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
Water: Public
Local Schools
High School: William Cullen Bryant High School
Middle School: Is 141 Steinway (The)
Elementary School: Ps 2 Alfred Zimberg
School District: Queens 30
Listed By / Shown By
Listing By
Agency Name: E Realty International Corp
Agency Contact: 718-886-8110
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimate Your Payment
Estimated Payment
$ 3,378.23 per month $2,332.39 Principal & Interest $740.17 Property Tax $305.67 Homeowner's InsuranceChange Payment Information
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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23-58 80th Street | MLS# 1017177
This multi-family property located at 23-58 80th Street, East Elmhurst, NY 11370 is currently listed for sale with an asking price of $1,048,000. 23-58 80th Street is located within the Queens 30 school district. Search East Elmhurst real estate on www.coldwellbankerchoice.com today.