Listing Notes
Welcome to this well-maintained semi-detached 3-family property in the highly desirable Cypress Hills neighborhood (border of Ozone Park), an exceptional investment opportunity with strong income potential. Ideally located just minutes from public transportation (A -train), major highways, shopping, schools, and JFK Airport, this property offers convenience that consistently attracts tenants. This income-producing property features three units, a sprinkler system inside the building, and a skylight that enhances natural light. The first-floor unit includes a handicap-accessible bathroom, expanding tenant appeal. A private driveway accommodating up to four vehicles, along with a one-car attached garage, provides valuable off-street parking-a bonus for tenants. The spacious backyard offers great outdoor space, perfect for tenant enjoyment or added value. Whether you're looking to expand your portfolio or secure a solid multi-family asset in a high-demand rental area, this property checks all the boxes.
Price in context
Cheaper than 37% of the 24 homes listed nearby right now, which run $759,000 to $1,399,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 557 Drew St | $759,000 | 5 bd · 2 ba |
| 77-06 97th Ave | $767,000 | 3 bd · 2 ba |
| 77-06 97th Ave | $767,000 | 3 bd · 2 ba |
| 77-06 97th Ave | $767,000 | 3 bd · 2 ba |
| 233 Sheridan Ave | $949,000 | 4 bd · 3 ba |
| 644 Autumn Ave | $950,000 | 4 bd · 2 ba |
| 193 Forbell St | $980,000 | 3 bd · 3 ba |
| 1472 Blake Ave | $1,125,000 | 6 bd · 6 ba |
| 1474 Blake Ave | $1,125,000 | 6 bd · 5 ba |
| 331 Lincoln Ave | $1,149,000 | Studio |
| 407 Eldert Ln | $1,175,000 | 7 bd · 2 ba |
| 568 Drew St | $1,180,000 | 8 bd · 3 ba |
| 672 Drew St | $1,200,000 | 3 bd · 3 ba |
| 1156 Glenmore Ave | $1,247,000 | 9 bd · 4 ba |
| 568 Autumn Ave | $1,290,000 | 6 bd · 4 ba |
| 1395 Sutter Ave | $1,369,000 | 8 bd · 4 ba |
| 1395 Sutter Ave | $1,369,000 | 8 bd · 4 ba |
| 1397 Sutter Ave | $1,369,000 | 9 bd · 4 ba |
| 1397 Sutter Ave | $1,369,000 | Studio |
| 1395 Sutter Ave | $1,369,000 | 9 bd · 4 ba |
| 1395 Sutter Ave | $1,369,000 | Studio |
| 1397 Sutter Ave | $1,369,000 | 8 bd · 4 ba |
| 1397 Sutter Ave | $1,369,000 | 8 bd · 4 ba |
| 452 Lincoln Ave Unit Hse | $1,399,000 | 6 bd · 5 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more