8625 59th Avenue Elmhurst, NY 11373
MULTI_FAMILY - Elmhurst, NY
- Added:
- Jun 2, 2026
- Days on Market:
- 41
- Last Refresh:
- Jul 12 at 1:06 am
Property Features for 8625 59th Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6B
- Rooms
- Basement
- 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
Building Details
- Year built
- 1925
- Building materials
- Brick, Frame
Listing agent Richard Matt Shane License #10301216230 (516) 279-8828
Listing office All Island Estates Realty Corp 3242 Railroad Ave, Wantagh, NY (516) 783-5600
Listing date Jun 2, 2026
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.
Zoned R6B, the building is described as being in the heart of Elmhurst near Queens Center Mall, situated between I-495 (L.I.E.), Woodhaven Blvd., and Queens Blvd. The property is reported as 100% occupied, with listed annual gross income of $156,060 and total expenses of $36,427, resulting in an annual net operating income (NOI) of $119,633.
Key Highlights
- 5‑unit free market apartment building with gross annual income of $156,060 and NOI of $119,633
- Income breakdown includes LL $30,000/yr, $48,000/yr (5 BR), $27,000/yr (2 BR), $29,160/yr (2 BR), and $14,700/yr (1 BR)
- New boiler installed in 2023; oil heat and A/C; 200‑amp power with updated electrical wires and panels
