Exceptional investment opportunity in the heart of Ozone Park. This brick 5-unit income-producing property consists of five 1-bedroom apartments and is currently operating at approximately a 5% cap rate with significant upside potential. Two units are currently vacant, providing a rare opportunity for a new owner to immediately lease at market rents and substantially increase the propertyâ??s income and overall return. Additional features include a private driveway, garage, common laundry area with supplemental income potential, separate utility services, and approximately 3,705 square feet of building area. Located just minutes from Cross Bay Boulevard, transportation, shopping, restaurants, and major roadways. Whether youâ??re looking for a stable long-term hold, value-add investment, or 1031 exchange opportunity, this property offers immediate cash flow with the ability to significantly improve performance through lease-up and rental optimization. Rarely does a Queens multifamily asset offer both current income and such clear potential for future growth.
Courtesy: Re/Max Edge
718-612-3088
Exceptional investment opportunity in the heart of Ozone Park. This brick 5-unit income-producing property consists of five 1-bedroom apartments and is currently operating at approximately a 5 percnt cap rate with significant upside potential. Two units are currently vacant, providing a rare opportunity for a new owner to immediately lease at market rents and substantially increase the property's income and overall return. Additional features include a private driveway, garage, common laundry area with supplemental income potential, separate utility services, and approximately 3,705 square feet of building area. Located just minutes from Cross Bay Boulevard, transportation, shopping, restaurants, and major roadways. Whether you're looking for a stable long-term hold, value-add investment, or 1031 exchange opportunity, this property offers immediate cash flow with the ability to significantly improve performance through lease-up and rental optimization. Rarely does a Queens multifamily asset offer both current income and such clear potential for future growth.
Rare Flushing Mixed-Use Opportunity! 43-51 Byrd St, Flushing, NY 11355. Property will be delivered vacant. Projected rental income available upon request. Buyers are advised to perform their own due diligence regarding future income and expenses. This unique property features a three-family residential building plus a medical office on a 25â?? x 90â?? lot with a 25â?? x 55â?? building footprint. Located just minutes from Main Street, shopping, restaurants, banks, public transportation, and the Queens Botanical Garden. Ideal for investors, medical professionals, owner-users, or 1031 exchange buyers seeking strong income potential and a prime Flushing location. Easy to show â??
Welcome to 1124 128th Street, a rare fully detached 36x50 brick 2-family residence in the heart of College Point, Queens. Set on a large 50x95 lot, this exceptional home offers two side-by-side single-family-style residences spanning four full stories plus a finished basement. From the moment you enter, you are welcomed by a stunning double-height living room framed by oversized windows, where natural light pours in and elevates the space into something truly special. The open, airy volume creates an immediate sense of calm, sophistication, and architectural presence. Both residences have been thoughtfully renovated with a focus on modern elegance and comfort. Interiors feature clean lines, updated kitchens with quality finishes, and beautifully designed bathrooms that feel both timeless and contemporary. The first floors are finished in ceramic tile throughout, adding a sleek and durable foundation that enhances the overall design. Each home offers generously proportioned bedrooms with private balconies and ample storage, creating a seamless connection between indoor and outdoor living. The finished basements provide flexible space for recreation, work, or extended living, adapting effortlessly to modern lifestyle needs. Outside, the property is complemented by a huge backyard, offering exceptional space for entertaining, relaxation, or future customization. Built in solid brick, the property combines lasting quality with low-maintenance appeal. A private driveway and generous outdoor areas further enhance everyday convenience and livability. Perfectly positioned on a quiet residential block near schools, parks, waterfront areas, shopping, and transportation, this home offers a rare balance of tranquility and accessibility. A truly special opportunity to own a fully detached, thoughtfully reimagined residence of scale and presenceâ??designed for those who value space, light, and modern comfort in one of Queensâ?? most established neighborhoods.
Welcome to this unique find in the heart of College Point! This fully detached multi-family home sits on a quiet, tree-lined block, offering space, versatility, and excellent income potential. Ideal for multi-generational living or investment purposes, the property features two spacious, separate units with split systems on each floor. The first-floor unit has its own private entrance, a large living area, one bedroom, two bathrooms, an eat-in kitchen, a dedicated laundry area, and a bonus room that can be used as a home office, den, or extra space. It also offers direct access to the backyard. The second-floor unit includes a living room, formal dining room, dedicated office, a bright kitchen with a skylight, one bathroom, and two generous bedrooms. Additional highlights include a full basement with both interior and exterior access, offering ample storage, workspace, or potential for additional use, plus extra crawl space storage on the first floor. Outside, the property features a private backyard with a saltwater swimming pool, along with a private three-car driveway in front. The property also includes an additional 20x100 rear lot with its own side driveway that can accommodate two more vehicles, providing abundant off-street parking and outdoor space. Set on a 50x100 lot, this home offers a rare combination of space and flexibility in Queens. Conveniently located near LaGuardia Airport, major highways, parks, shopping, dining, and other neighborhood amenities in College Point and Flushing. Whether you are seeking an investment opportunity with rental income potential or a property suited for extended arrangements, this home presents a variety of possibilities.
Courtesy: Homes R Us Realty of NY, Inc.
718-668-2550
Newly renovated kitchen stainless appliances, spacious 4 bedrooms with a full bathroom on the 1st floor (plus 1/2 bathroom). 2nd floor has 2 units. Each units has 1 bedroom with full bathroom, living room and kitchen. Unfinished basement with an entrance can serve as additional living space, perfect for a family room, recreational area. A separate entrance adds versatility, allowing for privacy and independence, which can be advantageous for extended family or tenants.
Queens Village MINT Corner 4 Family semi attached House Fully Rented with great Paying Tenants. Renovated Within the Last 5 Years from Top to Bottom. - One 3 Bedroom Apt, Two - 2 Bedroom Apts, and one - Two - 1 Bedroom Apts. (Total 5 units)Â Lot size 20.17 ft x 106 ft Building size 20 ft x 72 ft R3-2 zone Great Income Opportunity Yearly Rent Roll $ 141,540.00 Expenses only $ 26,485 yr NOI $ 115,055.00 yr with upside & add on value - 7.67% Cap rate! New gas line, Electric, Gas boiler gas hot water heater, sidewalk, sewer line, roof, 3 new hot water heaters All of the apartments have been updated roof have been updated last year all brand-new windows throughout the building stucco was done on the side of the building two years ago Selling Occupied with Paying Tenants. As Is. Clean! Parking in back and full basement! Near Jamaica Ave, all store & shopping plus transportation! Top floor front 2 bedroom vacant! Newly renovated! Monthly income: $11,795- Annual $141,540 Expenses Total: Â $26,485 Year= Selling @ $1.5 M Cap rate 7.67%
Courtesy: Ashford Homes LLC
929-364-1301
Excellent opportunity to own a three-family property built in 2005 in the heart of Corona. This well-laid-out building features three spacious apartments, each offering 2 bedrooms, making it ideal for steady rental income or future end-user flexibility. The property also includes a finished basement, providing additional usable space for storage, recreation, or potential future customization. Each unit offers practical layouts with separate living, dining, and kitchen areas designed for comfortable living. This is a tenant-occupied property with paying tenants and no current leases in place, offering flexibility for repositioning or future occupancy. Tenants will require time to relocate, making this a great opportunity for investors looking to plan ahead. The property requires some TLC and is being sold as-is with tenants, presenting value-add potential for buyers looking to renovate and increase rents over time. Conveniently located near public transportation, shopping, schools, and major thoroughfares, this property sits in a high-demand rental area with strong long-term upside.
Courtesy: PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY-TENAFLY
201-568-5668
0.2 mi to 103 St - Corona Plaza subway * Mixed-use building with storefront * Private backyard Two - story mixed-use property featuring ground floor commercial storefront plus residential units above. Total layout includes 5 bedrooms and 3.5 bathrooms. First floor includes a street facing retail space and a rear 2-bedroom,1 bath apartment with access to the backyard. Second floor is currently configured for single-family use and includes 3 bedrooms and 2 bathrooms, with layout allowing conversion back into two separate apartments. Updated bathrooms on second level. Interior features include hardwood floors, multiple living areas, and a separate kitchen with gas range, tile backsplash, and cabinetry. Rear yard includes paved patio and garden space. Large unfinished basement suitable for storage. Property is gas-powered with separate utility meters. Separate entrances for residential and commercial spaces. Located approximately 0.2 miles to subway access and neighborhood retail corridor. Approximately 0.7 miles to Flushing Meadows - Corona Park and within 1.1 miles of Citi Field. Well-maintained property with flexible mixed-use and income potential.
Queens is located in New York. The county average for households married with children is 28.97%.
The median household income for the surrounding county is $75,886 compared to the national median of $69,021.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of NJMLS. Real estate listings held by brokerage firms other than the owner of this site are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Some properties listing with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.