# 8625 59th Avenue, Elmhurst, NY 11373 > **TL;DR:** commercial, $2,250,000, built 1925. Est. $12,033/mo. Listed 153 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $2,250,000 | | Year Built | 1925 | | Lot Size | 3,999 sqft (0.09 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 153 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $11,377 | | Estimated Insurance | $656 | | **Total** | **$12,033** | ## Property Highlights - Built in 1925 - 0.09 acre lot ## Description ### Agent Description Calling All Investors, Developers, & End-Users!!! 100% Occupied 5 Unit Free Market Apartment Building In Flushing For Sale!!! The Property Features Excellent Signage, Great Exposure, R6B Zoning, (1) 5 Br. Apartment, (1) 3 Br. Apartment, (2) 2 Br. Apartments, (1) 1 Br. Apartment, Basement, Rear Yard, Private 2 Car Garage, Private Driveway, 6 Parking Spaces, High 8' Ceilings, 200 Amp Power, Updated Electrical Wires & Panels, New Boiler Installed In 2023, A/C, +++!!! The Property Is Located In The Heart Of Elmhurst Right Near The Queens Center Mall!!! The Property Is 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, Shake Shack, Olive Garden, Popeye's Louisiana Kitchen, Quest Diagnostics, Walgreens, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: LL (3 Br. Apt.): $30,000 Ann.; M-M. 1st Fl. (5 Br. Apt.): $48,000 Ann.; M-M. 2nd Fl. (Front 1 Br. Apt. ): $14,700 Ann.; M-M. 2nd Fl. (Rear 2 Br. Apt.): $29,160 Ann.; M-M. 3rd Fl. (2 Br. Apt.): $27,000 Ann.; M-M. 2 Car Garage: $2,400 Ann. 1 Car Parking: $1,800 Ann. 1 Car Parking: $1,800 Ann. 1 Car Parking: $1,200 Ann. Gross Income: $156,060. Ann. Expenses: Oil: $8,000. Ann. Electric: $2,070. Ann. (Hallway & Boiler Only) Water & Sewer: $2,543 Ann. Insurance: $3,568 Ann. Snow & Landscaping: $0 Ann. Maintenance: $2,500 Ann. Taxes: $17,746 Ann. Total Expenses: $36,427 Ann. Net Operating Income (NOI): $119,633 Ann. ## Location - **Address:** 8625 59th Avenue, Elmhurst, NY 11373 - **County:** Queens ## Listing Agent - **Name:** Richard Matt Shane - **Brokerage:** All Island Estates Realty Corp - **Broker Phone:** (516) 532-9184 ## Photos ![8625 59th Avenue - Photo 1](http://lh.rdcpix.com/ea8ad4d7efb21305b4e1720b3ed39dc6l-f603549834r.jpg) ![8625 59th Avenue - Photo 2](http://lh.rdcpix.com/ea8ad4d7efb21305b4e1720b3ed39dc6l-f1620400247r.jpg) ![8625 59th Avenue - Photo 3](http://lh.rdcpix.com/ea8ad4d7efb21305b4e1720b3ed39dc6l-f1083763329r.jpg) ![8625 59th Avenue - Photo 4](http://lh.rdcpix.com/ea8ad4d7efb21305b4e1720b3ed39dc6l-f37995259r.jpg) ![8625 59th Avenue - Photo 5](http://lh.rdcpix.com/ea8ad4d7efb21305b4e1720b3ed39dc6l-f1049701919r.jpg) ![8625 59th Avenue - Photo 6](http://lh.rdcpix.com/ea8ad4d7efb21305b4e1720b3ed39dc6l-f3207220590r.jpg) ![8625 59th Avenue - Photo 7](http://lh.rdcpix.com/ea8ad4d7efb21305b4e1720b3ed39dc6l-f1866849680r.jpg) ![8625 59th Avenue - Photo 8](http://lh.rdcpix.com/ea8ad4d7efb21305b4e1720b3ed39dc6l-f3016087639r.jpg) ![8625 59th Avenue - Photo 9](http://lh.rdcpix.com/ea8ad4d7efb21305b4e1720b3ed39dc6l-f1445065935r.jpg) ![8625 59th Avenue - Photo 10](http://lh.rdcpix.com/ea8ad4d7efb21305b4e1720b3ed39dc6l-f1790652381r.jpg) --- **MLS#:** 1008456 | **Updated:** 2026-10-20 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/8625-59th-avenue-elmhurst-ny-11373-5433806888d64b55b824fbc5fdefd879) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/8625-59th-avenue-elmhurst-ny-11373-5433806888d64b55b824fbc5fdefd879#listing", "url": "https://www.propertysimple.ai/listing/8625-59th-avenue-elmhurst-ny-11373-5433806888d64b55b824fbc5fdefd879", "name": "8625 59th Avenue, Elmhurst, NY 11373", "description": "Calling All Investors, Developers, & End-Users!!! 100% Occupied 5 Unit Free Market Apartment Building In Flushing For Sale!!! The Property Features Excellent Signage, Great Exposure, R6B Zoning, (1) 5 Br. Apartment, (1) 3 Br. Apartment, (2) 2 Br. Apartments, (1) 1 Br. Apartment, Basement, Rear Yard, Private 2 Car Garage, Private Driveway, 6 Parking Spaces, High 8' Ceilings, 200 Amp Power, Updated Electrical Wires & Panels, New Boiler Installed In 2023, A/C, +++!!! The Property Is Located In The Heart Of Elmhurst Right Near The Queens Center Mall!!! The Property Is 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, Shake Shack, Olive Garden, Popeye's Louisiana Kitchen, Quest Diagnostics, Walgreens, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: LL (3 Br. Apt.): $30,000 Ann.; M-M. 1st Fl. (5 Br. Apt.): $48,000 Ann.; M-M. 2nd Fl. (Front 1 Br. Apt. ): $14,700 Ann.; M-M. 2nd Fl. (Rear 2 Br. Apt.): $29,160 Ann.; M-M. 3rd Fl. (2 Br. 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