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Prime College Point Multi-Family Building 12208 23rd Ave 2 Unit Apartment Building $1,598,000 ($799,000/Unit) College Point, NY 11356



INVESTMENT HIGHLIGHTS
- Fully renovated; turnkey condition
- Heated driveway and sidewalk, no snow shoveling needed!
- Just 10 minutes to Main St. Flushing
- Private garage, driveway & extended paved frontage
- Fully finished basement with windows and high ceilings
- Perfect for 1031 exchange, owner-user with rental income, or long-term hold.
EXECUTIVE SUMMARY
Investment Opportunity – Multi-Family Brick Property | College Point, Queens.
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Fully renovated, turnkey 2-family income property in prime College Point—ideal for investors seeking strong rental potential and minimal maintenance. This solid semi-detached brick building offers 3 full levels above grade plus a finished basement with high ceilings and windows, providing flexible use or additional tenant space.
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The property is fully upgraded, featuring modern interiors, separate heating systems, and 3 electrical meters for clear tenant utility billing. A heated driveway and sidewalk reduce winter maintenance, while a private garage, driveway, and extended paved frontage physically accommodate up to 5 vehicles, depending on vehicle size and positioning—a rare convenience in this neighborhood.
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Located just half a block from the Q26 bus (direct to Downtown Flushing) and steps from 24/7 amenities including 7-Eleven, the property provides unbeatable tenant convenience and strong long-term demand.
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Surrounded by neighborhood retail—including Target and BJ’s Wholesale—plus dining, parks, and schools, this well-positioned asset offers a stable income stream and appreciation upside in one of Queens’ most sought-after residential-investment corridors.
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Highlights:
• Legal 2-family brick construction (semi-detached)
• Fully renovated; turnkey condition
• Finished basement with high ceilings & windows
• 3 electrical meters (tenant-paid utilities)
• Heated driveway & sidewalk – no snow removal needed!
• Private garage, driveway & extended paved frontage can fit up to 5 vehicles, depending on vehicle size/positioning
• Proximity to Q26 bus & 24/7 7-Eleven (½ block)
• Strong rental demand area near Flushing
• Perfect for 1031 exchange, owner-user with rental income, or long-term hold
---
Fully renovated, turnkey 2-family income property in prime College Point—ideal for investors seeking strong rental potential and minimal maintenance. This solid semi-detached brick building offers 3 full levels above grade plus a finished basement with high ceilings and windows, providing flexible use or additional tenant space.
---
The property is fully upgraded, featuring modern interiors, separate heating systems, and 3 electrical meters for clear tenant utility billing. A heated driveway and sidewalk reduce winter maintenance, while a private garage, driveway, and extended paved frontage physically accommodate up to 5 vehicles, depending on vehicle size and positioning—a rare convenience in this neighborhood.
---
Located just half a block from the Q26 bus (direct to Downtown Flushing) and steps from 24/7 amenities including 7-Eleven, the property provides unbeatable tenant convenience and strong long-term demand.
---
Surrounded by neighborhood retail—including Target and BJ’s Wholesale—plus dining, parks, and schools, this well-positioned asset offers a stable income stream and appreciation upside in one of Queens’ most sought-after residential-investment corridors.
---
Highlights:
• Legal 2-family brick construction (semi-detached)
• Fully renovated; turnkey condition
• Finished basement with high ceilings & windows
• 3 electrical meters (tenant-paid utilities)
• Heated driveway & sidewalk – no snow removal needed!
• Private garage, driveway & extended paved frontage can fit up to 5 vehicles, depending on vehicle size/positioning
• Proximity to Q26 bus & 24/7 7-Eleven (½ block)
• Strong rental demand area near Flushing
• Perfect for 1031 exchange, owner-user with rental income, or long-term hold
PROPERTY FACTS Under Contract
| Price | $1,598,000 | Building Class | C |
| Price Per Unit | $799,000 | Lot Size | 0.05 AC |
| Sale Type | Investment | Building Size | 2,646 SF |
| No. Units | 2 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1989/2025 |
| Property Subtype | Apartment | ||
| Zoning | R5B - a contextual district that primarily allows for three-story rowhouses, although it also permits detached and semi-detached buildings | ||
| Price | $1,598,000 |
| Price Per Unit | $799,000 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 2,646 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1989/2025 |
| Zoning | R5B - a contextual district that primarily allows for three-story rowhouses, although it also permits detached and semi-detached buildings |
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Walk Score®
Very Walkable (86)
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Prime College Point Multi-Family Building | 12208 23rd Ave
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