

Listed by REMAX EDGE
$1,730,000
22-08 120th St
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,300
Units 6
Year Built 1931
Stories 3
Lot Size (SqFt) 5,000
Zoning R4A
Parking Spaces 10 spaces
Parking Per SqFt 2.33
Investment Type Owner/User
Multifamily | 6 Units
Marketing description
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!
Listing Contacts


Listed by REMAX EDGE
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