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8952 218th Street, Queens Village, NY, 11427

3beds
2baths
1,214sqft
$869,000
$716price/sqft
$5,397/moest. monthly cost
$215,880/yrincome needed

About This Home

Excellent opportunity to own a legal two-family home with a Certificate of Occupancy from the Department of Buildings, currently being used as a one-family residence. Whether you're an owner-occupant looking to generate additional rental income while living in the home or an investor seeking a property with great potential, this home offers exceptional flexibility. The second floor features three spacious bedrooms and a full bathroom. The first floor offers a spacious living room, an oversized formal dining room, an enclosed sunroom, an enclosed deck, and a large kitchen. The full finished basement provides additional living space and includes a full bathroom and a gas boiler. Situated on a 3,300 sq. ft. lot, the property also features a detached two-car garage. While the home needs updating and some TLC, it presents an excellent opportunity to renovate, customize, and maximize its potential. Conveniently located in the heart of Queens Village, just moments from Hillside Avenue, shopping, schools, restaurants, and public transportation. Don't miss this rare opportunity to own a legal two-family home with endless possibilities in a prime location.

Getting Around

78
WalkingVery Walkable
0
TransitVery Limited Transit
52
BikeBikeable

Construction

Condition

  • Year built: 1935

Materials

  • Construction materials: Vinyl Siding

Notable Dates

  • Major remodel year: 1935

Type & Style

  • Home type: MultiFamily
  • Architectural style: Colonial
  • Property subType: Duplex,Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Finished,Full,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Other

Heating & Cooling

  • Heating features: Natural Gas,Other
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 1,214
  • Total interior livable area: 1,214 sqft

Property

Details

  • Parcel number: 106610027
  • Special condition: None

Features

  • Fencing: Back Yard

Lot

  • Lot size: 3,300 sqft
  • Lot size dimensions: 0.08

Parking

  • Total spaces: 3
  • Parking features: Carport,Driveway,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Carport: Yes
  • Carport spaces: 1

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

  • Heat Wave
    Heat WaveRelatively High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
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 $4,394$52,728
Home Insurance *$214$2,568
Property Taxes $543$6,516
Electricity $246$2,954
Total$5,397$64,764
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$185,040/yr
40% on housing$161,910/yr
45% on housing$143,920/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

$716This listing

vs Other Active Listings

Avg $/sqft

ZIP 11427$473
Queens County$533

vs Homes Sold Last Month

Median $/sqft

ZIP 11427$608
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
2026-07-28Price change$869,000
2026-07-04Listed for sale$899,000

For Sale by Agent

AgentImran Khan
BrokerageRealty Executives Today

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