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$1,799,000

  • For Sale
  • Active
  • Multi-Family
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Calling All Investors, Developers, & End-Users!!! 5 Unit Free Market Apartment Building In Elmhurst For Sale!!! The Property Features Excellent Signage, Great Exposure, R5 Zoning, High 8' Ceilings, Full Basement, Private Driveway & Garage, 6 Parking Spaces, Separate Meters, 200 Amp Power, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Elmhurst 2 Blocks Off Queens Blvd. Near The I-495 Woodhaven Blvd. Exit!!! The Property Is Situated Minutes From Queens Center & Rego Center!!! Neighbors Include Apple, Starbucks, Verizon, USPS, Target, Victoria's Secret, Walgreens, Adidas, Marshalls, Shake Shack, Burlington, White Castle, Aldi, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site / The Next Home For Your Business!!! Income: 1st Floor Studio: $18,000 Ann.; M-M. 1 Br. Apt.: $24,000 Ann.; M-M. 2nd Floor 3 Br., 2 Bath Apt.: $54,000 Ann. (Available) 3rd Floor Front (1 Br. Apt.): $22,800 Ann.; M-M. Rear (1 Br. Apt.): $21,000 Ann.; M-M. LL Unit.(1 Br. Apt.): $19,200 Ann.; M-M. Garage: $8,500 Ann. (Available) Pro Forma Gross Income: $167,500 Ann. Expenses: Gas: $3,200 Ann. Electric: $1,400 Ann. Maintenance & Repairs: $250 Ann. Water & Sewer: $2,800 Ann Insurance: $3,263 Ann. Taxes: $30,618 Ann. Total Expenses: $41,531 Ann. Net Operating Income (NOI): $125,969 Ann. (Pro Forma 6.46 Cap!!!)

Full Property Details for 86-20 57th Rd

General

  • Price: $1,799,000
  • Taxes: $30,618
  • Status: Active
  • Type: Multi-Family
  • Source: Long_Island
  • MLS ID: 840149
  • Updated: 4/12/2025
  • Added to Site: 295 day(s) ago

Interior

  • Interior Features: Storage, Washer/Dryer Hookup

Parking

  • Total Spaces: 6

Location

  • County: Queens
  • Cross Streets: Seabury Street

School Information

  • High School District: Queens24

Heating & Cooling

  • Cooling Type: Multi Units

Utilities

  • Sewer: Public Sewer
  • Water: Other
  • Utility Description: Electricity Connected

Structural Information

  • Detached/Attached: Attached
  • Construction: Brick
  • Basement: Yes
  • Basement Desc.: Full Basement
  • Building Size: 4840
  • Square Feet: 4,840
  • Year Built: 1986

Lot Features

  • Lot Size (Sq. Ft.): 2,142
  • Lot Dimensions: 21 x 100

Financial Considerations

  • Tax Amount: $30,618

Disclosures and Reports

  • Special Conditions: None
  • Block: 2871
  • Lot Number: 113

Listed by All Island Estates Realty Corp

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Listing agent

— 86-20 57th Rd —

  • All Island Estates Realty Corp

516-783-5600

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 86-20 57th Rd

School District:New York City Geographic School District 24
NameGradesDistance
Ps 102 Bayview
55-24 Van Horn St, Queens, NY 11373
K-50.2 mi
Is 73 The Frank Sansivieri Intermediate School
70-02 54th Ave, Queens, NY 11378
6-81 mi
Newtown High School, Queens, NY
48-01 90th St, Queens, NY 11373
9-120.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 86-20 57th Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/03/2025
Price Reduced
$1,799,000
-7.74%
MLS
3/27/2025
Listed
$1,950,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 86-20 57th Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$33,068
8%
$264,540
-3%
2024
$30,623
8%
$272,160
20%
2023
$28,355
-15%
$226,800
-16%
2022
$33,231
-9%
$270,900
-15%
2021
$36,372
6%
$318,600
-9%
2020
$34,244
—
$349,650
1%
2019
$34,243
9%
$347,220
31%
2017
$31,330
—
$266,030
8%
2017
$31,330
7%
$246,325
8%
2016
$29,404
8%
$228,079
8%
2015
$27,207
1%
$211,185
—
2014
$27,054
6%
$211,185
3%
2013
$25,453
—
$204,639
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by All Island Estates Realty Corp

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86-20 57th Road, Elmhurst, NY 11373 (MLS# 840149) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 86-20 57th Road is currently listed for $1,799,000 and was received on March 27, 2025. Want to learn more about 86-20 57th Road? Do you have questions about finding other Multi-Family real estate for sale in Elmhurst? You can browse all Elmhurst real estate or contact a Coldwell Banker agent to request more information.

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