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22-08 120th St, College Pt, NY, 11356

12beds
6baths
4,300sqft
$1,680,000
$391price/sqft
$10,659/moest. monthly cost
$426,360/yrincome needed

About This Home

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 !!!

Getting Around

87
WalkingVery Walkable
0
TransitVery Limited Transit
50
BikeBikeable

Schools

8/10
Ps 29Grades PK-50.3 mi
9/10
Jhs 185 Edward BleekerGrades 6-81.6 mi
3/10
Flushing High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1931

Type & Style

  • Home type: SingleFamily
  • Property subType: Rental Unit

Interior

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 6
  • Full bathrooms: 6

Interior Area

  • Total structure area: 4,300
  • Total interior livable area: 4,300 sqft

Property

Details

  • Special condition: Resale