UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEY851163
Bedrooms 8
Full Baths 4
Originating Board onekey2
Rental Info No
Year Built 1939
Annual Tax Amount $25,419
Property Sub-Type Quadruplex
Property Description
This expansive stone four-family home presents a prime investment opportunity in the heart of Flushing. The impressive structure spans two above-ground levels plus a fully separate basement unit, all featuring durable stone construction for lasting quality. The property includes an extended driveway, offering exceptional parking convenience in this high-demand area. The building features five electric meters and four gas meters, providing excellent utility separation for optimal rental management.
Generating consistent rental income, this well-maintained property features four spacious units, each offering a practical 2-bedroom, 1-bathroom, and 1-living room layout - perfect for investors seeking stable cash flow. The separate utility meters allow for easy cost allocation between units.
Located in a highly desirable Flushing neighborhood, this property is just minutes from Queens College and surrounded by top schools, parks, shopping, and dining, ensuring strong tenant appeal. Transportation access is excellent, with convenient proximity to major highways and multiple bus routes (Q17, Q25, Q34, Q88), providing seamless connections to downtown Flushing, subway lines, and beyond.
A rare find in a thriving Queens location—don't miss this turnkey investment property with excellent utility setup for multi-family living.
Location
State NY
County Queens
Rooms
Basement Full, Walk-Out Access
Interior
Interior Features Other
Heating ENERGY STAR Qualified Equipment, Natural Gas, Other
Cooling Central Air
Fireplace No
Exterior
Utilities Available See Remarks
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Stone
Schools
Elementary Schools Ps 201 Discovery School (The)
Middle Schools Is 237
High Schools John Bowne High School
School District Queens 25
Others
Senior Community No
Special Listing Condition None
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Devon Marie Ferdinand
Broker | License ID: 10311209766
Broker License ID: 10311209766