23-58 80th Street, New York, NY, 11370
$1,048,000
activeBedrooms
3
Bathrooms
3
Lot Size
1,188 sqft
Year Built
2006
Type
Multi Family
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
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.
Listed by Yanan Eill, E Realty International Corp
Listings courtesy of OneKey® MLS as distributed by MLS GRIDBased on information submitted to the MLS GRID as of Jun 23, 2026, 3:56 PM UTC (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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