$1,299,999

22-14 120th Street 6, College Point, NY 11356

  • 10 beds |
  • 6 baths |
  • 5,316 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1931
  • Property Lot Size Icon5,001sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $245/sqft
  • Property List Date Icon Listed 15 days ago

Property Description

Excellent opportunity to acquire a 6-unit income-producing property located in the desirable College Point neighborhood of Queens. This well-maintained multifamily building presents a strong investment opportunity with stable rental income and long-term upside. The property features an ideal unit mix consisting of two 1-bedroom apartments on the first floor and four 2-bedroom apartments located on the second and third floors, offering strong tenant appeal and consistent rental demand. Currently generating over $111,000 in annual gross rental income, the property offers investors an approximate 6.3% cap rate, making it an attractive addition to any investment portfolio. Conveniently located in College Point, the property is close to shopping, restaurants, parks, schools, and public transportation, with easy access to Downtown Flushing, major highways, and LaGuardia Airport. This area continues to experience strong rental demand due to its convenient location and vibrant community.

Listing Status:
Active
Data Last Updated:
March 25, 2026 at 3:23PM
Listing Office:
Hampton Estates Realty LLC : 631-288-6333
MLS ID:
969527
  • General: First Floor BedroomFirst Floor Full BathBuilt-in FeaturesNatural Woodwork
  • Laundry: In Basement
  • Basement: FullStorage SpaceUnfinishedWalk-Out Access
  • Flooring: Ceramic TileHardwoodLaminate
  • A/C: Wall/Window Unit(s)
  • Heating: Natural GasSeparate Meters
  • Fireplace: Fireplaces: 0
  • Parking: DrivewayParking spaces: 3
  • Road/Access: Municipal
  • Originating MLS: onekey2
  • School District: Queens 25
  • County: Queens
  • Zoning: 04195-0032
  • View: Bridge(s)CityNeighborhoodRiverWater
  • Fencing: Chain Link
  • Utilities: Cable AvailableElectricity AvailableNatural Gas Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

This listing courtesy of Hampton Estates Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listing