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8625 59th Ave
Elmhurst, NY 11373 Elmhurst

$2,500,000 USD

Apartments For Sale  •  4,650 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,650 SF
  • Lot Size 0.09 AC
  • Building Class C
  • Year Built 1925
  • Zoning R6B
100 Transit Score
90 Walk Score

Highlights

Calling All Investors, Developers, & End-Users!!! 100% Occupied 5 Unit Free Market Apartment Building With Private Garage In Flushing For Sale!!!
The Property Features Excellent Signage, Great Exposure, R6B Zoning, Private 2 Car Garage, Private Driveway, 6 Parking Spaces, Rear Yard, +++!!!
Located In The Heart Of Elmhurst Right Near The Queens Center Mall Situated Between I-495 (L.I.E.), Woodhaven Blvd., & Queens Blvd.!!!
Neighbors Include Citibank, Bank of America, T-Mobile, Costco, Target, Macy’s, Retro Fitness, Applebee’s Bar & Grill, The Cheesecake Factory, +++!!!
This Property Offers HUGE Upside Potential!!!
This Could Be Your Next Development Site Or The Next Home For Your Business!!!

Financial Summary (Proforma)

Net Operating Income: $119,633 USD (2026)
Total Expenses: $36,427 USD

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Security System
  • Tenant Controlled HVAC
  • Storage Space
  • Bicycle Storage
  • Public Transportation
  • Walk-Up

Public Transportation

Commuter RailDriveWalkDistance
Forest Hills Station (Babylon Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road) 6 min - 2.0 mi
Woodside Station (Babylon Branch - Long Island Rail Road, Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Montauk Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road, Port Washington Branch - Long Island Rail Road, Ronkonkoma Branch - Long Island Rail Road) 8 min - 2.3 mi
Transit/SubwayDriveWalkDistance
63 Drive-Rego Park (E - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 4 min 9 min 0.5 mi
AirportDriveWalkDistance
LaGuardia 11 min - 5.1 mi
John F Kennedy International 14 min - 9.6 mi
Newark Liberty International 34 min - 23.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes
Matthew Shane 516-279-8828 All Island Commercial
Matthew Shane 516-279-8828 All Island Commercial