22-08 120th Street
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 23% of the 22 homes listed nearby right now, which run $925,000 to $2,280,000.
See all 22 nearby listings
| Address | Asking | Size |
|---|---|---|
| 6-02 119th Street 1 | $925,000 | 3 bd · 1.5 ba |
| 33-71 Prince Street 13B | $938,731 | 2 bd · 2 ba |
| 33-71 Prince Street 13D | $948,446 | 2 bd · 2 ba |
| 33-71 Prince Street 13E | $950,754 | 2 bd · 2 ba |
| 33-71 Prince Street 14D | $955,632 | 2 bd · 2 ba |
| 13-05 133rd Place 1 | $968,000 | 3 bd · 1.5 ba |
| 14-14 114th Street 1 | $975,000 | 4 bd · 2 ba |
| 22-20 126th Street 1 | $988,000 | 5 bd · 2 ba |
| 12-25 119th Street W | $988,000 | 6 bd · 3 ba |
| 18-08 125th Street | $1,075,000 | 4 bd · 2 ba |
| 18-08 125th Street | $1,100,000 | 4 bd · 2 ba |
| 9-01 College Point Boulevard | $1,280,000 | 4 bd · 2 ba |
| 119-49 Sixth Avenue | $1,299,000 | 7 bd · 5 ba |
| 7-20 125th Street | $1,388,000 | 5 bd · 3 ba |
| 125-11 7th Avenue | $1,449,999 | 5 bd · 2.5 ba |
| 126-09 5th Avenue | $1,488,000 | 6 bd · 4 ba |
| 138-35 11th Avenue | $1,675,000 | 4 bd · 3 ba |
| 120-03 9th Avenue | $1,725,000 | 4 bd · 4.5 ba |
| 119-23 7th Avenue | $1,750,000 | 8 bd · 4 ba |
| 122-14 18th Avenue | $1,790,000 | 6 bd · 4.5 ba |
| 124-14 22nd Avenue 1 | $1,880,000 | Studio · 1 ba |
| 21-20 College Point Boulevard | $2,280,000 | 8 bd · 4 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more
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