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!
*property tax abatement til 2032*
In contract
$1,599,888
86-04 58th Ave, Flushing, NY 11373
7beds
2,600sqft
Multi Family
Built in 2005
-- sqft lot
$1,514,300 Zestimate®
$615/sqft
$-- HOA
What's special
Turnkey brick constructionSmart multi-family layout
- 98 days
- 200
- 9
Zillow last checked:
Listing updated:
Listed by:
Prime Realty 646-243-2821,
Aislyn Zhu
Source: StreetEasy,MLS#: S1836710
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 2,600
- Total interior livable area: 2,600 sqft
Property
Features
- Patio & porch: Other
- Exterior features: Balcony
Details
- Parcel number: 028720009
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 2005
Community & HOA
Community
- Subdivision: Elmhurst
Location
- Region: Flushing
Financial & listing details
- Price per square foot: $615/sqft
- Tax assessed value: $1,488,000
- Annual tax amount: $1,200
- Date on market: 7/8/2026
Estimated market value
$1,514,300
$1.44M - $1.59M
$3,422/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/3/2026 | Contingent | $1,599,888$615/sqft |
Source: StreetEasy #S1836710 Report a problem | ||
| 7/8/2026 | Listed for sale | $1,599,888-2.4%$615/sqft |
Source: StreetEasy #S1836710 Report a problem | ||
| 6/24/2025 | Listing removed | $1,638,888$630/sqft |
Source: | ||
| 6/3/2025 | Price change | $1,638,888-3%$630/sqft |
Source: | ||
| 4/7/2025 | Listed for sale | $1,688,888+96.3%$650/sqft |
Source: | ||
| 3/14/2010 | Sold | $860,421$331/sqft |
Source: Public Record Report a problem | ||
| 7/11/2006 | Sold | $860,421+26.5%$331/sqft |
Source: Public Record Report a problem | ||
| 9/15/2003 | Sold | $680,000$262/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $89,280 -6.1% |
| 2024 | -- | $95,040 -2.2% |
| 2023 | -- | $97,140 +8.7% |
| 2022 | -- | $89,340 +11% |
| 2021 | -- | $80,460 -5.5% |
| 2020 | $1,370 | $85,140 +14% |
| 2019 | $1,370 -89.5% | $74,700 +20% |
| 2018 | $13,022 +8.8% | $62,248 +6% |
| 2017 | $11,971 +845.8% | $58,725 +6% |
| 2016 | $1,266 | $55,401 +0% |
| 2015 | $1,266 +43.2% | $55,380 +0.7% |
| 2014 | $884 | $54,986 +6% |
| 2013 | -- | $51,874 +6% |
| 2012 | -- | $48,938 +6% |
| 2011 | -- | $46,168 |
| 2010 | -- | $46,168 |
| 2009 | -- | $46,168 +4.9% |
| 2008 | -- | $44,011 |
Find assessor info on the county website






