$999,000

10138 131st Street, Richmond Hill S., NY 11419

  • 5 beds |
  • 2 baths |
  • 1,446 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon2,522sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $691/sqft
  • Property List Date Icon Listed 10 days ago

Property Description

Investor opportunity in the heart of South Richmond Hill! 10138 131st Street is a fully income-producing duplex offering strong cash flow, making it an excellent addition to an investment portfolio. This property presents an ideal setup for investors seeking immediate rental income with future upside potential. Configured as a legal 2-family residence, the first level features a spacious 2-bedroom, 1-bath layout, while the second level offers a generous 3-bedroom, 1-bath apartment. Both units provide practical layouts with well-proportioned living spaces and ample natural light throughout. The property includes 3 electric meters, offering convenience for separate utilities and streamlined management. The home has been maintained in good overall condition and offers strong long-term value in a desirable Queens location. Whether you are expanding your real estate portfolio or seeking a multi-unit income-producing property with solid returns, this is an opportunity not to be missed. Conveniently located near shopping, restaurants, schools, parks, major roadways, public transportation, and neighboring communities, providing tenants with easy access to everyday essentials and commuting options.

Listing Status:
Active
Data Last Updated:
May 21, 2026 at 6:22AM
Listing Office:
Redfin Real Estate : 631-337-8238
MLS ID:
997778
  • General: First Floor BedroomFirst Floor Full Bath
  • Flooring: Vinyl
  • A/C: Wall/Window Unit(s)
  • Heating: BaseboardNatural GasSteam
  • Parking: Driveway
  • Originating MLS: onekey2
  • School District: Queens 28
  • County: Queens
  • Zoning: 09498-0020
  • Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedTrash Collection Public
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

This listing courtesy of Redfin Real Estate

Monthly Payment

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

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Location

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