Five-Unit Apartment Building with
For Sale
$2,500,000
8625 59th Avenue, Elmhurst, NY 11373
Commercial Sale, Elmhurst, NY
Property SizeContact for details
Lot Size0.09 Acres
Days on Market86
Property Features for 8625 59th Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R6B
Rooms
Basement
Elementary school district
Queens 24
Middle school district
Contact Agent
High school district
Contact Agent
Special listing conditions
Probate Listing
Standard status
Active
APN
02872-0043
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
16437
Utilities
Heating system
Oil
Water source
Public
Amenities
Rear Yard
High 8' Ceilings
A/C
Building Details
Year built
1925
Building materials
Brick, Frame
Listing Agency:
All Island Estates Realty Corp
(516) 783-5600
Listed By:
Richard Matt Shane · License #10301216230
(516) 279-8828
Added: Jun 2
Changed: Aug 19
Last Checked: Aug 26 at 8:06AM
MLS# 1008456
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 8625 59th Avenue in Elmhurst, this 1925 apartment building contains five free-market units: one five-bedroom apartment, one three-bedroom apartment, two two-bedroom apartments, and one one-bedroom apartment. The property is 100% occupied and includes a basement, rear yard, private two-car garage, private driveway, and six parking spaces. Building features include high 8-foot ceilings, 200 Amp power, air conditioning, oil heat, public water, and updated electrical wiring and panels. A new boiler was installed in 2023.
The property carries R6B zoning and is positioned near Queens Center Mall, between I-495 (L.I.E.), Woodhaven Boulevard, and Queens Boulevard. The surrounding commercial context includes Costco, Target, Macy’s, Walgreens, Citibank, Bank of America, T-Mobile, and multiple dining and service businesses. Brick and frame construction supports the existing multifamily configuration, with on-site parking and garage space adding practical utility.
The property carries R6B zoning and is positioned near Queens Center Mall, between I-495 (L.I.E.), Woodhaven Boulevard, and Queens Boulevard. The surrounding commercial context includes Costco, Target, Macy’s, Walgreens, Citibank, Bank of America, T-Mobile, and multiple dining and service businesses. Brick and frame construction supports the existing multifamily configuration, with on-site parking and garage space adding practical utility.
Key Highlights
- 100% occupied five‑unit free‑market apartment building
- Unit mix includes 1 five‑bedroom, 1 three‑bedroom, 2 two‑bedroom, and 1 one‑bedroom apartments
- R6B zoning with a 0.0918‑acre lot
Property Analytics
Property Profile
Current Use
Lease Details
8 ft
Clear height
5
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
4,384
Businesses Nearby
Explore this area
Business Placement
Demographics for 11373, NY
105,712
Population
34,797
Households
3
Avg Household Size
38
Median Age
30%
College-Educated
75%
High-School Grad
1.5 sq mi
ZIP Area
70,475
Density / Sq Mi
$71,470
Median Household Income
$36,043
Median Earnings
$1,913
Median Rent
$683,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - R6B-zoned residential property with a private driveway, rear yard, garage parking, and updated electrical systems.
Where is this apartment building located?
The property is located at 8625 59th Avenue Elmhurst, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 100% occupied five‑unit free‑market apartment building; Unit mix includes 1 five‑bedroom, 1 three‑bedroom, 2 two‑bedroom, and 1 one‑bedroom apartments; R6B zoning with a 0.0918‑acre lot
