22-08 120th Street, College Point, NY 11356
Queens County
Key Facts
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.
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Year Built
1931
Living Area
3,900 sq ft
Lot Size
0.11 acres
Days on Market
62
MLS® Listing#
952291
Property Features
Cooling
Heating
Basement
Parking
Construction
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$154,730
Assessed Value
$292,680
Parcel Number
04195-0029
Affordability Calculator
$336,000
Estimated monthly payment
$8,942/mo
Principal $1,344,000 · Est. interest $1,875,000 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in College Point, NY
- $803,030
- Median Listing Price
- 70
- Median Days on Market
- 1,782
- Median Sq Ft
- $475
- Median Price / Sq Ft
- 209
- Active Listings
- This home’s price is 109% above the area median.
- Its price per sq ft is 9% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in College Point, NY.
Location
- 22-08 120th Street, College Point, NY 11356
Points of Interest in College Point, NY
Showing the College Point area map.
Nearby Schools
P. S. 029 Queens
Elementary · 0.3 mi away
College Point Collaborative
Secondary School · 0.4 mi away
Promise Christian Academy
School · 0.8 mi away
P. S 129 Patricia Larkin
Elementary · 0.9 mi away
Linden Family Welcome Center
School · 1.1 mi away
PS 242 Leonard P Stavisky Early Childhood School
Elementary · 1.1 mi away
P. S. 214 Cadwallader Colden
Elementary · 1.2 mi away
The Lowell School
School · 1.2 mi away
豐盛恩典新造教會abundant Grace New Creation Church
School · 1.3 mi away
Queens Academy High School
Secondary · 1.4 mi away
GPS Academic Planning Center
School · 1.5 mi away
Premier Education Center
School · 1.5 mi away
MS 419
Secondary · 1.5 mi away
Tommie L. Agee Educational Campus
Secondary · 1.5 mi away
Flushing High School
Secondary · 1.5 mi away
Windsor School
School · 1.6 mi away
JHS 185 Edward Bleeker
Secondary · 1.6 mi away
PS 21
Elementary · 1.6 mi away
A Child's Place
Elementary · 1.6 mi away
PS 127
Elementary · 1.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 103 Soundview Drive, Rocky Point, NY | $1,178,000 | 4 | 3 | 2,210 |
| 14 Danes Street, Blue Point, NY | $1,195,000 | 3 | 3 | 3,000 |
| 123-09 20th Avenue, College Point, NY | $1,199,500 | 3 | 3 | 1,734 |
| 15-46 125th Street, College Point, NY | $1,210,000 | — | — | 5,234 |
| 15-06 124th, College Point, NY | $1,225,000 | 5 | 2 | — |
| 1332 129th Street, College Point, NY | $1,250,000 | 5 | 2 | 1,608 |
Moving Cost Estimate
EXIT Agents in College Point
Listing Courtesy: RE/MAX Edge - 7182883835
Presented by: Josephine Sabatino
Fair Housing Notice