86-20 57th Road

Beds
Baths
4,840 Sq. Ft.
$372 / Sq. Ft.
4,840
Sq. Ft.
$372
per Sq. Ft.

Description

Calling All Investors, Developers, & End-Users! 5 Unit Free Market Apartment Building In Elmhurst For Sale! The Property Features Excellent Signage, Great Exposure, R5 Zoning, High 8’ Ceilings, Full Basement, Private Driveway & Garage, 6 Parking Spaces, Separate Meters, 200 Amp Power, All New LED Lighting, A/C, +++! The Property Is Located In The Heart Of Elmhurst 2 Blocks Off Queens Blvd. Near The I-495 Woodhaven Blvd. Exit! The Property Is Situated Minutes From Queens Center & Rego Center! Neighbors...Calling All Investors, Developers, & End-Users! 5 Unit Free Market Apartment Building In Elmhurst For Sale! The Property Features Excellent Signage, Great Exposure, R5 Zoning, High 8’ Ceilings, Full Basement, Private Driveway & Garage, 6 Parking Spaces, Separate Meters, 200 Amp Power, All New LED Lighting, A/C, +++! The Property Is Located In The Heart Of Elmhurst 2 Blocks Off Queens Blvd. Near The I-495 Woodhaven Blvd. Exit! The Property Is Situated Minutes From Queens Center & Rego Center! Neighbors Include Apple, Starbucks, Verizon, USPS, Target, Victoria’s Secret, Walgreens, Adidas, Marshalls, Shake Shack, Burlington, White Castle, Aldi, +++! This Property Offers HUGE Upside Potential! This Could Be Your Next Development Site / The Next Home For Your Business! Income:



1st Floor



Studio: $18,000 Ann.; M-M.



1 Br. Apt.: $24,000 Ann.; M-M.



2nd Floor



3 Br., 2 Bath Apt.: $54,000 Ann. (Available)



3rd Floor



Front (1 Br. Apt.): $22,800 Ann.; M-M. Rear (1 Br. Apt.): $21,000 Ann.; M-M. LL Unit.(1 Br. Apt.): $19,200 Ann.; M-M. Garage: $8,500 Ann. (Available)



Pro Forma Gross Income: $167,500 Ann. Expenses:



Gas: $3,200 Ann. Electric: $1,400 Ann. Maintenance & Repairs: $250 Ann. Water & Sewer: $2,800 Ann



Insurance: $3,263 Ann. Taxes: $30,618 Ann. Total Expenses: $41,531 Ann. Net Operating Income (NOI): $125,969 Ann. (Pro Forma 6.46 Cap!)
  1. Listed by Richard Matt Shane • All Island Estates Realty Corp
    P: (516)-783-5600 C: (516)-279-8828 matthewshane8828@gmail.com

Property Details for 86-20 57th Road

City/Township
New York
Waterfront
No
Section Area
Seabury Street
LISTING UPDATED: 04/12/2025 03:32 AM

Property Details for 86-20 57th Road

StatusActive
MLS ID840149
Days on Market351
Taxes$30,618 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeMulti Family
MLS TypeQuadruplex
Year Built1986
Lot Size2,142 SF / 21' x 100'
CountyQueens County

Building

86-20 57th Rd

5 Units3 StoriesBuilt in 1986

Location

Listing Courtesy of All Island Estates Realty Corp
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Building Information for 86-20 57th Road

Stories3Residences5Year Built1986Building Size22' x 55'Building Sq. Ft3,630 SFLot Size2,142 SF / 21' x 100'Building Age-Building Type-

Payment Calculator

$11,320 per month

30 year fixed, 6.15% Interest

Principal and Interest

$8,768

Property Taxes

$2,552

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 86-20 57th Road

Summary
Location and General Information
  • Senior Community YN: No
  • Tax Block: 2871
  • Tax Lot: 113
  • Property Attached: Yes
  • Structure Type: true
  • State Or Province: NY
School Information
  • School District: Queens24
  • High School District: Queens24
Unit Information
Unit Information
  • Number Of 1 Bedrooms: 1
  • Number Of 2 Bedrooms: 0
  • Number Of 3 Bedrooms: 0
  • Number Of 4 Bedrooms: 0
  • Building Units Total: 4
Interior and Exterior Features
Interior Features
  • Amenities: Other, Storage, Washer/Dryer Hookup
  • Interior Features: Storage, Washer/Dryer Hookup
  • Basement: Full
  • Location Amenities: Storage, WD Hookup
  • Basement: Yes
Exterior Features
  • Elevation Certificate: No
  • Construction Materials: Brick
Lot Information
  • Lot Size Dimensions: 21x100
  • Building Area Units: Square Feet
Parking
  • Parking Total: 6.00
  • Garage: No
  • Carport: No
Utilities
  • Cooling: Multi Units
  • Sewer: Public Sewer
  • Water Source: Other
  • Utilities: Electricity Connected
Agent
Payment and Rate
  • Down Payment Resource: Yes

Property History for 86-20 57th Road

DateEvent & SourcePriceAppreciation
Apr 3, 2025

Price Change

ONEKEY #840149

$1,799,000
Mar 27, 2025

Listed (Active)

ONEKEY #840149

$1,950,000
Mar 15, 2022

Permanently Off Market

Manual

$2,288,000
Sep 27, 2021

Listed (Active)

Manual

$2,288,000
DateEvent & SourcePrice
04/03/2025

Price Change

ONEKEY #840149

$1,799,000
03/27/2025

Listed (Active)

ONEKEY #840149

$1,950,000
03/15/2022

Permanently Off Market

Manual

$2,288,000
09/27/2021

Listed (Active)

Manual

$2,288,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 86-20 57th Road

Taxable ValueLand$5,400Additions$386,550Total$391,950
Home Facts
Total Finished SqFt3,630 SqFtLot Size2,200 SqFtYear Built1986ZoningR5APN4028710113

Schools near 86-20 57th Road

This home is within New York City Geographic District #24.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
P.S. 102 Bayview
PublicPK to 8

Newtown High School
Public9 to 12

PS 419
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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86-20 57th Road is a multi-family home for sale in Elmhurst. This property was listed for sale on March 27, 2025 by All Island Estates Realty Corp, it's currently listed at $1,799,000. This listing's school district is New York City Geographic District #24. Nearby schools include P.S. 102 Bayview, Is 73 The Frank Sansivieri Intermediate School and Newtown High School. 86-20 57th Road is a 0-bed, 0-bath, 4,840 sqft multi-family home built in 1986.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of All Island Estates Realty Corp

Based on information submitted to the MLS GRID as of 04/12/2025 03:32 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.