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$1,650,000 Just Listed
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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!
Full Property Details
Full Property Details for 86-04 58th Ave
General
- Price: $1,650,000
- Taxes: $1,268
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 1011072
- Updated: 6/22/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: First Floor Bedroom
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 7
Parking
- Total Spaces: 1
- Parking Features: Driveway
Location
- County: Queens
School Information
- High School District: Queens24
- Elementary School: Ps 102 Bayview
- Middle School: Is 73 Frank Sansivieri Intermediate School (The)
- High School: Newtown High School
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Building Size: 2610
- Square Feet: 2,610
- Year Built: 2005
Lot Features
- Lot Size (Acres): 0.034
- Lot Size (Sq. Ft.): 1,483
Financial Considerations
- Tax Amount: $1,268.76
Disclosures and Reports
- Special Conditions: None
- Property ID: 02872-0009
Listed by Prime Realty
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Schools
Schools serving 86-04 58th Ave
School District:New York City Geographic School District 24
| Name | Grades | Distance |
|---|---|---|
Ps 102 Bayview 55-24 Van Horn St, Queens, NY 11373 | K-5 | 0.2 mi |
Is 73 The Frank Sansivieri Intermediate School 70-02 54th Ave, Queens, NY 11378 | 6-8 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 86-04 58th Ave
Date
Details
Price
Change
Source
6/22/2026
Listed
$1,650,000
91.77%
MLS
6/21/2006
Sold
$860,421
—
Public Record
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
Tax History for 86-04 58th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,300
—
$83,820
-6%
2025
$1,300
—
$89,280
-6%
2024
$1,300
—
$95,040
-2%
2023
$1,300
-1%
$97,140
9%
2022
$1,315
-3%
$89,340
11%
2021
$1,362
-1%
$80,460
-5%
2020
$1,370
—
$85,140
14%
2019
$1,370
4%
$74,700
20%
2017
$1,320
—
$62,248
6%
2017
$1,320
2%
$58,725
6%
2016
$1,294
2%
$55,401
—
2015
$1,266
2%
$55,380
1%
2014
$1,242
5%
$54,986
6%
2013
$1,178
—
$51,874
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 86-04 58th Ave
8604 58th Avenue, Elmhurst, NY 11373 (MLS# 1011072) is a Multi-Family property with 3 units containing 7 bedrooms and 6 full bathrooms. 8604 58th Avenue is currently listed for $1,650,000 and was received on June 22, 2026. Want to learn more about 8604 58th Avenue? 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.

