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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

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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

PROPERTY FACTS Under Contract

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
Walk Score®
Very Walkable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 38029407

  • Date on Market: 10/10/2025

  • Last Updated:

  • Address: 12208 23rd Ave, College Point, NY 11356

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