22-08 120th St
Listing Notes
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 in context
Cheaper than 21% of the 24 homes listed nearby right now, which run $939,000 to $2,350,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 1841 124th St | $939,000 | 7 bd · 2 ba |
| 2220 126th St | $988,000 | 5 bd · 2 ba |
| 15-07 120th St | $989,000 | 4 bd · 2 ba |
| 1524 124th St | $1,025,000 | 12 bd · 6 ba |
| 125-12 18th Ave | $1,125,000 | 4 bd · 4 ba |
| 126-04 25th Ave | $1,150,000 | 3 bd · 2 ba |
| 123-09 20th Ave | $1,199,500 | 3 bd · 3 ba |
| 1506 124th St | $1,225,000 | 5 bd · 2 ba |
| 1838 120th St | $1,250,000 | 6 bd · 3 ba |
| 23-40 124th St | $1,250,000 | 4 bd · 3 ba |
| 20-13 124th St | $1,288,888 | 6 bd · 4 ba |
| 22-14 120th St Unit 6 | $1,299,999 | 10 bd · 6 ba |
| 117-11 14th Rd | $1,300,000 | 5 bd · 3 ba |
| 20-11 College Point Blvd | $1,338,000 | 4 bd |
| 2105 123rd St | $1,380,000 | 6 bd · 5 ba |
| 122-15 23rd Ave | $1,450,000 | 5 bd · 3 ba |
| 1846 College Point Blvd | $1,480,000 | 4 bd · 2 ba |
| 1846 College Point Blvd | $1,480,000 | 4 bd · 2 ba |
| 18-11 126th St | $1,488,888 | — |
| 2008 125th St | $1,680,000 | 6 bd · 4 ba |
| 1839 College Point Blvd | $1,790,000 | — |
| 23-06 College Point Blvd | $2,250,000 | 3 bd · 1 ba |
| 22-12/14 126th St | $2,300,000 | 8 bd · 6 ba |
| 23-08 College Point Blvd | $2,350,000 | Studio |
Where it is
For sale Coming soon Recently sold— zoom out for more