See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

119-23 7th Ave, College Point, NY, 11356

8beds
4baths
3,925sqft
$1,750,000
$446price/sqft
$11,011/moest. monthly cost
$440,440/yrincome needed

About This Home

Legal 2-Family | Built 2000 | ~3,925 SF | Separate Utilities | Parking | Near Waterfront Park This spectacular residence is poised to become a crown jewel for a savvy investor or someone looking for a legal 2-family built in early 2000s with a worry-free income potential. Built with sophistication and a sense of proportion in mind, this legal two-family home features separate gas meters for each unit, two boilers, three electric meters and parking for two cars. Walk into a spacious 3BR/2BA unit on the top floor: this unit boasts cathedral ceilings with recessed lighting and a grand open floor plan that gracefully incorporates the living room, dining room, and an L-shaped kitchen. The hallway features a full bath and leads to three private bedrooms. The largest bedroom includes a full bath and a walk-in closet, creating a private sanctuary dedicated entirely to the primary suite. Enjoy family cookouts on the private balcony or bask in the sun under the kitchen skylight — the choice is yours. The first-floor unit has an identical layout, with a more pronounced formal dining room adjacent to the living room and kitchen. This unit offers easy access via an internal staircase to the common area in the basement. The basement includes an accessory dwelling unit with a professionally designed two-bedroom floor plan, a summer kitchen, and a tiled living and dining area. It is perfect for guest quarters or a quiet retreat. Two similarly designed units offer excellent rental opportunities. Positioned less than a block away from Herman A. MacNeil Park, with its winding paths, shaded areas, water views, and views of the Manhattan skyline, this home brings the peace and harmony of suburban living while still providing access to New York City public transportation. Act now by bringing your best offer to the table.

Getting Around

71
WalkingVery Walkable
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

5/10
Ps 129 Patricia LarkinGrades PK-50.5 mi
8/10
Jhs 194 William CarrGrades 6-82.3 mi
3/10
Flushing High SchoolGrades 9-122.1 mi

Construction

Condition

  • Year built: 2000

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Washer/Dryer
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 3,925
  • Total interior livable area: 3,925 sqft

Property

Details

  • Parcel number: 039370070
  • Special condition: Resale

Features

  • Patio & porch: Other,Terrace
  • Exterior features: Courtyard,Balcony,Garden,Terrace
  • Has view: Yes
  • View description: City,Garden,Park/Greenbelt

Parking

  • Parking features: Garage
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Heat Wave
Cold Wave
Inland Flooding
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in Queens County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,848$106,176
Home Insurance *$422$5,064
Property Taxes $1,093$13,116
Electricity $648$7,783
Total$11,011$132,132
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$377,520/yr
40% on housing$330,330/yr
45% on housing$293,626/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.5%
2.5%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$446This listing

vs Other Active Listings

Avg $/sqft

ZIP 11356$614
Queens County$533

vs Homes Sold Last Month

Median $/sqft

ZIP 11356$612
Queens County$600

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-02Listed for sale$1,750,000
2022-10-17Listing removed--
2022-06-22Listed for sale$1,690,000
2008-11-20Sold$15,000
2000-05-26Sold$260,000

For Sale by Agent

AgentGregory Tsougranis
BrokerageKeller Williams Realty NYC Group

Similar Homes