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14th Road
College Point, Queens, NY
$1,280,000 Price
8 Bedrooms  
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Photo 1 of 14th Road, College Point, Queens, NY, $1,280,000, Web #: 846468Previous PhotoNext Photo1 of 14

Exceptional Investment Opportunity in the Heart of College Point Introducing 116-01 & 116-03 14th Road—two mixed-use buildings being sold together as one rare and valuable package. Located on a corner lot just off College Point Boulevard, this property offers strong income potential, flexible usage, and long-term upside. Set on...

Exceptional Investment Opportunity in the Heart of College Point Introducing 116-01 & 116-03 14th Road—two mixed-use buildings being sold together as one rare and valuable package. Located on a corner lot just off College Point Boulevard, this property offers strong income potential, flexible usage, and long-term upside. Set on a corner lot with R4-1 zoning, the buildings feature a total of four free market residential units (two two-bedroom each apartment), two ground-floor commercial spaces and private back yard. It’s a well-rounded asset offering multiple income streams. The current setup includes a commercial tenant who leases both stores along with the basement, rear yard. Two of the four residential units are currently vacant, offering immediate leasing opportunity or renovation upside. With all units fully leased at market rents, the projected gross annual income exceeds $150,000, offering a potential cap rate of approximately 12%. Tenants are responsible for their own electricity keeping operating expenses low. Sold as-is with tenants in place, this is a standout investment in a convenient location close to shops, schools, and public transportation. Don’t miss this chance to acquire a high-potential, income-generating property in growing College Point. All info deems accurate need to verify by potential buyers*

Listing courtesy of B Square Realty

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

College Point, Queens, NY
Type:
Price: $1,280,000
Web ID: 846468

Info & Amenities

Bedrooms: 8
Bathrooms: 4.0
Built: 1924

All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all descriptive information should be confirmed by customer. All rights to content, photographs and graphics are reserved to Brown Harris Stevens. Customer should consult with its counsel regarding all closing and tax costs. Broker represents the seller/owner on Broker's own exclusives, except if another agent of Broker represents the buyer/tenant, in which case Broker will be a dual agent, in Connecticut, or , in New York State and New Jersey, a dual agent with designated or disclosed agents representing seller/owner and buyer/tenant. Broker represents the buyer/tenant when showing the exclusives of other real estate firms. In Florida, Broker acts as a Transaction Broker with all sellers and buyers, unless a different form of agency has been established in writing. If you are looking to purchase or rent housing, are using a screen reader, and are having problems using this website, please call 1-212-712-1163 for assistance. All phone charges will be reimbursed by Brown Harris Stevens. Broker actively supports Fair Housing and Equal Housing Opportunities. BHS has adopted the attached policy statement - Prior to showing a homebuyer a property or providing services: (1) BHS does not require identification from a prospective homebuyer, (2) BHS may require a written agreement from a homebuyer before showing properties; and (3) BHS does not require a pre-approval for a mortgage loan in order to show a homebuyer properties. However, based upon the requirements of the seller, the building in which the properties is located, or others, some or all of the foregoing items may be required. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2025 The Real Estate Board of New York, Inc., all rights reserved. RLS Data display by Brown Harris Stevens. Powered by Terra Holdings.