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22-08 120th ST College Point, NY 11356
5,000 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEY862472
Rental Info No
Year Built 1931
Annual Tax Amount $17,001
Lot Size 5,000 Sqft
Acres 0.1148
Property Sub-Type Multi Family
Source onekey2
Property Description
Investment Opportunity in College Point: Detached Six-Family Residence with Recent Upgrades and Private Driveway. Presenting a detached six-family property in the College Point neighborhood of Queens. This income-producing asset features five recently renovated units, all six units with a functional railroad-style layout offering two bedrooms and one bathroom. All units boast hardwood floors, tiled kitchens, and fully tiled bathrooms, with abundant natural light streaming through numerous windows. The property also benefits from a new electrical system and a new roof. Benefit from a strong approximate 6% capitalization rate and the convenience of a private, fenced-in driveway with approximately 10 on-site parking spaces. and offers the potential for 2 - 3 vacant units upon closing. Residents will appreciate the property's proximity to the Flushing Point Marina and Skyline Sports Club, as well as easy access to transportation via the nearby Q65 MTA bus line. This is an exceptional opportunity for investors seeking a stable and upgraded multi-family building in a prime location.
Location
State NY
County Queens
Rooms
Basement Partially Finished
Interior
Heating Baseboard
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available See Remarks
Building
Sewer Other
Water Other
Structure Type Brick
Others
Special Listing Condition None
Listed by RE/MAX Edge