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23-58 80th Street

Jackson Heights, Queens | Astoria Blvd & 24th Ave

5 Rooms3 Beds3 Baths1,365 Square FeetMulti-Family

$1,048,000
floors / apts3 / 2
Lot Size23'8"x50'
Built Size8'3"x32'
ZoneR4
Building TypeHouse
RE Taxes$8,882
Price Per SF
$768

Property Description for 23-58 80th Street

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.

Listing History for 23-58 80th Street

Now
07/29/2026
Contract Signed by Yanan Eill
E Realty International Corp.
06/21/2026
$1,048,000 [-$90,000] [7.9%]
Price Drop by Yanan Eill
E Realty International Corp.

Building Details for 23-58 80th Street

OwnershipMulti-Family
Building TypeHouse
AgePost-War
AccessWalk-up
Year Built2006
Floors/Apts3/2
Learn More About the Building

Contact Agents

Contact Agents

Licensed As
Yanan Eill
Salesperson
License#:
10401332485
Company:
E Realty International Corp.
Yanan Eill
E Realty International Corp.
Licensed As
Carol Jia
Salesperson
License#:
10401248525
Company:
E Realty International Corp.
Carol J. Jia
E Realty International Corp.
View this property on the company's website

Jackson Heights | Queens

Quick Profile

Jackson Heights has one of the most diverse populations in the city, and over 100 languages are spoken here. With this cultural diversity comes supporting restaurants, bars, shops and cultural opportunities. It is a mix of commercial and residential properties. There is a wide range of shops and service businesses, so that anything you would need, from a barber, to a pharmacy, to clothing, and food is available right in the neighborhood, no matter which culture or language you might need these services provided in. 

Jackson Heights has three nicknames, based on micro-neighborhoods with the neighborhood as a whole. Little India occupies an area on 74th Street, while parts of 73rd Street are known as Little Pakistan. Little Columbia is along 37th Avenue.

A large portion of Jackson Heights has been designated as an historic district, from Roosevelt Avenue to Northern Boulevard, between the east side of 76th Street to the west side of 88th Street.

Jackson Heights was a planned community, where the first “garden apartments” were created in buildings constructed around central gardens and green spaces that gave neighbors a place to meet and socialize with one another, created places for children to play, allowing light to come into the apartments and air to flow freely through them. These gardens are private and only residents have access to them. Passing by the buildings, you might not even guess the gardens were there, as they are not generally visible from the street. 

Additionally, there are some mid-rise apartment buildings. Some of these are rentals, some are co-ops, and some are condos. There are a few attached row houses that provide housing for one to three families. 

As much as Jackson Heights might be full of noise and mix of cultures, it also has a quieter side, where the various cultures mix and mingle and learn about each other against a backdrop of beautiful architecture and a culinary landscape that brings the world to Queens.

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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 104154TH