205-16 116th Rd Queens, NY 11412
Saint Albans NeighborhoodEstimated payment $5,916/month
Highlights
- Colonial Architecture
- Main Floor Bedroom
- Baseboard Heating
- Wood Flooring
- Bathroom on Main Level
About This Home
Welcome to 205-28 116 Road—a rare opportunity to own a brand-new, fully detached two-family home that blends modern luxury with serious income potential. Priced under $1M, this property offers exceptional value with no mansion tax, making it an ideal move for both investors and savvy end-users. Perfectly positioned just off Francis Lewis Blvd, this home has been completely rebuilt from top to bottom with clean finishes, smart layout choices, and flexibility that actually makes you money. The first-floor unit features a well-designed 2-bedroom, 1-bath layout with direct access to a beautifully finished basement. Whether you duplex it for expanded living space or convert the lower level into a separate apartment—with its own private entrance already in place—you’ve got immediate upside. Upstairs, the second unit offers a spacious 3-bedroom, 1-bath layout, plus a fully finished attic with impressive 8-foot ceilings—ideal for additional living space, a home office setup, or added rental value. This is not just a property—it’s a strategic play. Live in one unit, rent the other, or maximize cash flow with two (or even three) income streams. The flexibility here is real, and the potential is wide open. Opportunities like this don’t sit around—especially at this price point.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,926
Year Built
- Built in 1925
Parking
- 1 Car Garage
- Private Parking
Home Design
- Duplex
- Colonial Architecture
- Vinyl Siding
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- 3 Full Bathrooms
Utilities
- No Cooling
- Baseboard Heating
- Natural Gas Connected
Additional Features
- Wood Flooring
- Walk-Out Basement
- 2,600 Sq Ft Lot
Community Details
Overview
- 2 Units
Building Details
- 3 Separate Electric Meters
- 2 Separate Gas Meters
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/28/2026 04/28/26 | For Sale | $999,999 | -- | $556 / Sq Ft |
Source: OneKey® MLS
MLS Number: 992255
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Ask me questions while you tour the home.