8714 56th Avenue, Elmhurst, NY, 11373
About This Home
Welcome to 87-14 56th Avenue, Elmhurst! Offered for the first time in over 25 years, this recently renovated, fully detached two-family home offers an exceptional opportunity in a prime location. Situated across from Queens Center Mall and close to shopping, restaurants, schools, public transportation, Queens Boulevard, and major highways, convenience is at your doorstep. Set on an approximately 2,500 sq. ft. R5-zoned lot, this property offers future potential for expansion or redevelopment (buyers are encouraged to verify all zoning and buildability with their architect and local municipality). The first floor features a formal living room, formal dining room, kitchen, three bedrooms, and a full bathroom. The second floor offers four bedrooms, a full bathroom, and a half bathroom. A full finished basement with a separate rear entrance provides additional flexible space. A private driveway adds valuable off-street parking. Perfect for owner-occupants, investors, or those seeking future development potential, this is a rare opportunity to own a centrally located Elmhurst property with endless possibilities.
Getting Around
Walker's Paradise
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1901
Materials
- Construction materials: Brick,Frame
Type & Style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subType: Duplex,Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Finished,Full,Walk-Out Access
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Features
- First Floor Bedroom,First Floor Full Bath
Heating & Cooling
- Heating features: Natural Gas,Steam
- Cooling features: Multi Units
Interior Area
- Total structure area: 2,010
- Total interior livable area: 2,010 sqft
Property
Details
- Parcel number: 028550006
- Special condition: None
Lot
- Lot size: 2,500 sqft
- Lot size dimensions: 25 x 100
Parking
- Parking features: Assigned,Driveway
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Inland Flooding
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Queens County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,579 | $90,948 |
| Home Insurance * | $348 | $4,176 |
| Property Taxes | $936 | $11,232 |
| Electricity | $332 | $3,986 |
| Total | $9,195 | $110,340 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-30 | Price change | $1,499,000 |
| 2026-07-09 | Listed for sale | $1,599,098 |
| 2003-06-11 | Sold | $470,000 |
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