$1,180,000

1160103 14Th Road , College Point, NY 11356

 
Bedrooms:8 beds
Bathrooms:4 baths
(None specified):5,145 sqft
Lot:Unknown
Year Built:1924
Listing Status:Active
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Description

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*

Detailed Items

Other Information

1160103 14Th Road, College Point, NY, 11356 is a (none specified) listing of 5,145 sqft on a lot of Unknown. This (none specified) listing has 8 bedrooms, and 4 baths. The map for this location can be viewed on Google maps at Google maps to property1160103 14Th Road, College Point, NY
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