23-58 80th ST, East Elmhurst, NY 11370
23-58 80th ST, East Elmhurst, NY 11370
23-58 80th ST, East Elmhurst, NY 11370
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$1,138,000
Est. payment /mo
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3 Beds
3 Baths
1,189 Sqft Lot
Price Dropped by $50K

23-58 80th ST East Elmhurst, NY 11370

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First Hampton International Realty

First Hampton International Realty

+1(631) 872-0280

Open House

Sun May 17, 1:00pm - 3:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 945292

Bedrooms 3

Full Baths 3

Rental Info No

Year Built 2006

Annual Tax Amount $8,882

Lot Size 1,189 Sqft

Acres 0.0273

Property Sub-Type Duplex

Source onekey2

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 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.

Location

State NY

County Queens

Rooms

Basement Finished, Full

Interior

Interior Features Other

Heating Baseboard, Other

Cooling None

Fireplace No

Exterior

Parking Features Driveway

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected

Total Parking Spaces 4

Garage false

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Ps 2 Alfred Zimberg

Middle Schools Is 141 Steinway (The)

High Schools Queens 30

School District Queens 30

Others

Senior Community No

Special Listing Condition None


OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by E Realty International Corp • Yanan Eill
Nearby Locations

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First Hampton International Realty

First Hampton International Realty

Corporate Office | License ID: 10491206434

+1(631) 872-0280

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23-58 80th ST