22-08 120th ST Active Save Request In-Person Tour Request Virtual Tour
Queens,NY 11356
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,300 sqft
Price per Sqft $395
MLS Listing ID 492689
Style Ranch
Bedrooms 12
Full Baths 6
Year Built 1931
Annual Tax Amount $154,730
Property Sub-Type Multi-Family
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. For further information or to schedule a private showing, please contact us !!!
Location
State NY
County Queens
Area College Point
Zoning R4A
Rooms
Basement Semi-Finished,None
Interior
Hot Water Gas
Heating Gas
Flooring Hardwood,Tile
Heat Source Gas
Exterior
Exterior Feature Brick,Brownstone
Amenities Available NONE
Roof Type Pitched,Rubber
Handicap Access Unknown
Building
Story 3
Foundation Block,Poured Concrete,Stone
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash