BEDS0
BATHS
MLS#979884
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Rare investment opportunity in the heart of College Point. This semi-detached all-brick mixed-use building sits on a 25x100 lot with a 25x40 building footprint and rare M1-2 zoning. This property is a high-yield asset. The first floor is occupied by a stable commercial tenant with options to deliver vacant or keep for immediate cash flow. The second and third floors are fully renovated and delivered vacant, featuring a 2-bedroom 1.5-bathroom unit and a spacious 3-bedroom 1.5-bathroom unit respectively. The entire building has been updated internally and externally, including unit ACs, 3 separate gas meters, 3 electric meters, and 3 independent heating and hot water systems for easy management. Additional features include a detached 2-car garage with expansion potential for a warehouse, a large backyard for extra parking, and a basement with a half-bath. Prime location just 3 minutes from local dining and the Q25 bus with direct access to Main St Flushing.
Property Features
Property Type: Multi Unit - Multiple
Basement: See Remarks
Cooling: Ductless
Garage: 1
Heating: Natural Gas, Other
Lot Size: 0.06 Acres
Taxes: $8,957
Year Built: 1935
Amenities
Other
Feature Descriptions
Building Area Total: 4000
Exterior: Brick
GarageY/N: Yes
On Market Date: 2026-04-02
Parcel Number: 04092-0008
Parking Features: Garage, Other
Rental Term: Monthly
Sewer: Public Sewer
Units: 2
Utilities: Electricity Connected, Natural Gas Connected
Water: Public
Estimate Your Payment
Estimated Payment
$ 8,126.95 per month $6,978.03 Principal & Interest $746.42 Property Tax $402.50 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: E Realty International Corp
Agency Contact: 718-886-8110
Shown By
Agent Name: Susan Schefler
Agent Phone: (516) 244-6712
Agency Title: Coldwell Banker American Homes
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126-01 18th Avenue | MLS# 979884
This multi-family property located at 126-01 18th Avenue, College Point, NY 11356 is currently listed for sale with an asking price of $1,380,000. Search College Point real estate on www.susanschefler.com today.