UPDATED:
Key Details
Property Type Multi Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 975247
Style Contemporary
Bedrooms 5
Full Baths 5
Rental Info No
Year Built 2020
Annual Tax Amount $14,036
Lot Size 2,570 Sqft
Acres 0.059
Property Sub-Type Duplex
Source onekey2
Property Description
Key investment positives:
• Newer construction (2020): Lower near-term capital expenditure risk (roof, plumbing, electric, structure all relatively new), which typically improves cash flow.
• Fully brick, three above-ground levels plus Finished basement, Brick and newer construction are attractive to lenders and tenants, and the basement with a separate entrance can boost effective income if used legally within zoning and code limits.
• Two-family setup with separate meters: Separate electric, gas, and boilers are ideal for an investor because tenants can pay their own utilities, reducing your operating expenses and simplifying rent structures.
• No-renovation, tenant-occupied: You can collect rent from day one after closing, which reduces vacancy risk and stabilizes early cash flow; this is common in College Point multifamily trades marketed as “turnkey.”
• Modern amenities (split-system AC in each room): Ductless split systems are energy-efficient and quiet, which improves tenant satisfaction and can justify stronger rents compared with older walk-ups relying on window units or no AC.
This configuration supports multiple income streams and flexibility for owner-occupancy plus rental, or pure investment.
• Parking and laundry: Two parking spaces and a dedicated laundry room are high-value amenities in this part of Queens, where on-street parking can be challenging and in-unit or on-site laundry is a frequent tenant demand.
• Transit and retail proximity: A short walk to Q26, Q20, and Q25 buses, all connecting directly to Flushing, makes the location attractive to commuters who rely on bus-to-subway access; proximity to College Point Plaza, supermarkets, banks, and restaurants increases walkability and tenant appeal.
Location
State NY
County Queens
Rooms
Basement Finished, Full, Walk-Out Access
Interior
Interior Features First Floor Bedroom, First Floor Full Bath
Heating Baseboard, ENERGY STAR Qualified Equipment
Cooling Wall/Window Unit(s)
Flooring Ceramic Tile, Wood
Fireplace No
Laundry In Basement
Exterior
Exterior Feature Balcony
Parking Features Attached, Garage, On Street, Private
Garage Spaces 1.0
Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
Total Parking Spaces 2
Garage true
Building
Lot Description Back Yard
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Senior Community No
Special Listing Condition None
NEARBY SCHOOL & BUSINESS
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716