22-08 120th Street, Queens, NY 11356
Queens County
Key Facts
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!
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
Ranch
Year Built
1931
Stories
3
Living Area
4,300 sq ft
Lot Size
0.11 acres
Lot Dimensions
100 x 50
Zoning
R4A
Days on Market
69
MLS® Listing#
498394
Property Features
Appliances
Heating
Flooring
Basement
Parking
Fencing
Construction
Foundation
Roof
Financial Details
Annual Taxes
$154,730
Affordability Calculator
$336,000
Estimated monthly payment
$8,942/mo
Principal $1,344,000 · Est. interest $1,875,000 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Queens, NY
- $852,941
- Median Listing Price
- 56
- Median Days on Market
- 1,402
- Median Sq Ft
- $539
- Median Price / Sq Ft
- 149
- Active Listings
- This home’s price is 97% above the area median.
- Its price per sq ft is 28% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Queens, NY.
Location
Points of Interest in Queens, NY
Showing the Queens area map.
Nearby Schools
P. S. 029 Queens
Elementary · 0.3 mi away
College Point Collaborative
Secondary School · 0.4 mi away
Promise Christian Academy
School · 0.8 mi away
P. S 129 Patricia Larkin
Elementary · 0.9 mi away
Linden Family Welcome Center
School · 1.1 mi away
PS 242 Leonard P Stavisky Early Childhood School
Elementary · 1.1 mi away
P. S. 214 Cadwallader Colden
Elementary · 1.2 mi away
The Lowell School
School · 1.2 mi away
豐盛恩典新造教會abundant Grace New Creation Church
School · 1.3 mi away
Queens Academy High School
Secondary · 1.4 mi away
GPS Academic Planning Center
School · 1.5 mi away
Premier Education Center
School · 1.5 mi away
MS 419
Secondary · 1.5 mi away
Tommie L. Agee Educational Campus
Secondary · 1.5 mi away
Flushing High School
Secondary · 1.5 mi away
Windsor School
School · 1.6 mi away
JHS 185 Edward Bleeker
Secondary · 1.6 mi away
PS 21
Elementary · 1.6 mi away
A Child's Place
Elementary · 1.6 mi away
PS 127
Elementary · 1.6 mi away
Commute Calculator
Nearby Homes
Moving Cost Estimate
EXIT Agents in Queens
Listing Courtesy: RE/MAX Edge - 7186123088
Fair Housing NoticeLast Updated: 2026-01-15