22-08 120th Street
College Point,
NY
11356
- Commercial
- Year Built 1931
- Multi Family
- ML# 862472
Property Details
Overview
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.
Key Facts
- •Lot Size: 0.1148
- •Lot Sq Ft: 5000
- •Taxes: $17,001
- •Sale or Rent: Sale
- •Construction Materials: Brick
- •Heat: Baseboard
- •A/C: Wall/Window Unit(s)
- •Water: Other
- •Sewer: Other
Listing Information provided courtesy of
RE/MAX Edge
718-288-3835
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