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11601-116-03 14th Rd
College Point, NY 11356
Multifamily Property For Sale · 4 Units

INVESTMENT HIGHLIGHTS

  • Corner building with private backyard and basement.
  • The projected gross annual income exceeds $150,000, offering a potential cap rate of approximately 12%.
  • Two(2) retail units and four(4) residential units.
  • Tenants are responsible for their own electricity keeping operating expenses low.

PROPERTY FACTS

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.07 AC
Building Size 5,145 SF
No. Stories 3
Year Built 1924
Zoning R4-1 - R4 districts allow all types of ­housing at a slightly higher density than permit­ted in R3-2 districts

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04051-0001
Land Assessment
$30,244
Improvements Assessment
$87,877
Total Assessment
$118,121
  • Listing ID: 35457567

  • Date on Market: 4/11/2025

  • Last Updated:

  • Address: 11601-116-03 14th Rd, College Point, NY 11356

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