5 Beds
2 Baths
2,474 Sqft Lot
5 Beds
2 Baths
2,474 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1042455
Style A-Frame
Bedrooms 5
Full Baths 2
Rental Info No
Year Built 1920
Annual Tax Amount $6,206
Lot Size 2,474 Sqft
Acres 0.0568
Property Sub-Type Duplex
Source onekey2
Property Description
The property is currently configured as a legal two-family residence with a detached two-car garage, providing immediate rental income with the flexibility to offset carrying costs while future development plans and approvals are pursued.
The newly renovated first-floor unit features two bedrooms, a home office, and an open-concept kitchen and living area. The flexible layout may also accommodate a third bedroom while retaining a home office. The second-floor unit offers three bedrooms, a home office, and an open kitchen and living area.
The basement features a separate entrance to the street level, is partially finished, and includes a full bathroom. The unfinished portion offers additional potential to expand the existing configuration and potentially create an additional dwelling unit, subject to applicable zoning, building codes, permits, and approvals.
Ideally positioned among established multifamily residences and surrounded by thriving neighborhood amenities, the property is just moments from Downtown Flushing, Main Street, the 7 subway line, and an exceptional selection of restaurants, shopping, and everyday conveniences.
With its R6 zoning, existing income-producing configuration, and highly desirable location, the property presents compelling possibilities for future multifamily or condominium development, subject to all necessary approvals. Acquire today, generate income, and unlock the long-term potential of this exceptional North Flushing property.
For developers seeking a larger development site, the seller may also consider offering the adjacent lots as part of a package sale.
All development, conversion, and additional dwelling-unit potential should be independently verified by the purchaser and their architect or other appropriate professionals.
Location
State NY
County Queens
Rooms
Basement Partially Finished, Storage Space, Walk-Out Access
Interior
Interior Features First Floor Bedroom, First Floor Full Bath
Heating Oil
Cooling None
Fireplace No
Laundry In Basement
Exterior
Parking Features Driveway, Garage, Off Street
Garage Spaces 2.0
Utilities Available Electricity Available, Sewer Connected, Water Available
Garage true
Building
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
Elementary Schools Ps 214 Cadwallader Colden
Middle Schools Jhs 185 Edward Bleeker
High Schools Queens 25
School District Queens 25
Others
Senior Community No
Special Listing Condition None
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Licensed Real Estate Salesperson | License ID: 10401267947