Address
22-08 120th Street, Queens, NY
Price
$ 1,680,000
Property Attributes
  • MLS#498394
  • TypeMulti-Family
  • Listing Status Active
  • CountyQUEENS
  • CityQueens
  • AreaQueens
  • NeighborhoodCollege Point
  • Zip11356
  • StyleRanch
  • Year Built1931
  • Taxes$ 154730
  • Price$ 1,680,000
  • Bedrooms12
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage4300
  • Lot Size0.114784 Acres
Data Source:
Brooklyn MLS (BNYMLS)
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!

Price History
1/15/2026 Listed $1,730,000
3/18/2026 3$1,680,000

General Features

Roof Pitched,Rubber
Zoning R4A
Electric 200 Amp,220 V,Circuit Breakers
Style Ranch
Stories Count 3
Property Type Residential
Block 4195
Lot Number 29
Yearly Taxes 154730.00
Transaction Type Sale
Insurance Expense 4100.00
Utility Expense 620.00
Gross Expense 33986.00
Financing 1031 Exchange,Bank Mortgage,Cash
Building Type Detached
Gross Income 139632
Status Active
Fuel Expense 6000.00
Total Rooms 24
Construction Materials Brick
Cumulative Days on Market 244
MLS Area College Point
Sub Type Multi-Family
Year Built 1931
City Queens
Borough Queens
Number Of Available Units 3
Residential Features A/C Unit,Fireplace,Microwave,Refrigerator,Stove
Number Of Vacant Units 3
DOM 244
Sale Type Arm's Length
# Families 6
Public Remarks 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

Interior Features

Heating Fuel Gas
Flooring Hardwood,Tile
Hot Water Gas
Full Baths 6
Unit Count 6
Building Amenities NONE
Sq Ft Total 4300
AC Units 5+
Basement Amenities Semi-Finished,None
Beds Total 12
Total Baths 6.00

Exterior Features

Exterior Brick,Brownstone
Yard Back,Side,Fenced - Full
Foundation Block,Poured Concrete,Stone
Lot Sq Ft 5000
Building Length 50.00
Building Width 26.00
Property Panorama YN Yes
Lot Size Length 100
Lot Size Width 50
Parking Attrib Other

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 11356

Price
AVG $1.5M
$1.68M
Taxes
AVG $13,442
$154,730
Year Built
AVG 1961
1931
Visits
AVG 155
91
Data Provided by Inside Real Estate®
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