221-04 58 Ave Queens, NY 11364
This exceptional mixed-use property in Queens, NY, presents a compelling investment opportunity. Located at 221-04 58th Ave, this 3,374 square foot building sits on a 2,584 square foot lot and is zoned R4-1. Built in 1970, the property currently features a configuration including two duplex residential units and a dentist office. The residential component boasts six bedrooms and 4.5 bathrooms, offering significant rental income potential. A three-car driveway adds further convenience. Situated in the desirable Bayside #26 school district, this location provides easy access to top-rated schools, parks, restaurants, supermarkets, and public transportation (Q27, QM5, QM8, QM35 buses) and nearby highways. The asking price is $1,590,000, translating to $471.25 per square foot. This property's blend of residential and commercial space, prime location, and strong school district make it an attractive investment for both families and astute investors seeking a versatile and high-return asset. The property's corner lot location offers excellent visibility and accessibility.
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.