$1,499,000

Estimated payment $8,639/month

Total Views 8,100
7 Beds
3 Baths
3,260 Sq Ft
$460 Price per Sq Ft

About This Home

Terrific 1031 Exchange Investment Opportunity or Occupy: Updated 3-Family Home in Middle Village. This LEGAL 3-family home boasts long-standing tenants who consistently pay rent on time. Rarely available, it offers a strong rent roll and future growth potential, making it an enticing prospect for investors. Unique Design: Situated on a corner lot, the property provides private entrances for each unit, including a 2-floor unit with a roof balcony. Unit Configuration: Comprising three distinct units, it caters to versatile living arrangements. Unit 1: 2 bedrooms / 1 bathroom, Unit 2 (Upstairs): 3 bedrooms / 1 bathroom, Separate Duplex: 2 bedrooms / 1 bathroom. Interior Features include wood floors, updated kitchens and baths creating a warm ambiance throughout, offering comfortable living spaces in each unit. Strong long term tenants and a rent roll of $93,600 a year ($7800 per month), this property delivers immediate rental income and promises future growth potential. Tenants pay heat, electric and gas!

Listing Agent

Haim Cohen

Anessa V Cohen Realty Brokerage Phone: 516-569-5007 License #40CO0878620 Listed on: 04/06/2025

Co-Listing Agent

Anessa Cohen

Anessa V Cohen Realty Brokerage Phone: 516-569-5007 License #37CO0876925

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,828

Year Built

  • Built in 1935

Lot Details

  • 1,826 Sq Ft Lot
  • Lot Dimensions are 20.75x87.99

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stucco

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Legal Lot and Block 2 / 3797
  • Assessor Parcel Number 03797-0002

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,828

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Other
  • Property SubType: Duplex
  • Property Condition: Updated/Remodeled
  • Year Built: 1935
  • Attribution Contact: 516-569-5007
  • Co List Office Mls Id: KEYAVC01
  • Co List Office Phone: 516-569-5007
  • Carport Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Other
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 3
  • Basement: Unfinished
  • Inclusions: kitchen appliances (3 refrigerators, 3 ranges,)
  • Total Bedrooms: 7
  • Fireplace: No
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick, Stucco
  • Pool Private: No
  • Spa: No
  • Waterfront: No

Garage/Parking

  • Garage: No

Utilities

  • Cooling: None
  • Heating: Natural Gas, Other
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Annual Water Sewer Expense: 1400

Lot Info

  • Lot Size Acres: 0.0419
  • Lot Dimensions: 20.75x87.99
  • Lot Size Sq Ft: 1826
  • Building Area Total: 3260
  • Parcel Number: 03797-0002
  • Property Attached: Yes
  • Additional Parcels: No

Rental Info

  • Tenant Pays: Electricity, Gas, Heat

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3
  • Insurance Expense: 2000

Tax Info

  • Tax Annual Amount: 7828
  • Tax Block: 3797
  • Tax Lot: 2
  • Tax Year: 2024

MLS Schools

  • Middle School District: Queens24

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2025 04/06/25 For Sale $1,499,000 -- $460 / Sq Ft
Source: OneKey® MLS

Source: OneKey® MLS

MLS Number: 843846

OneKey® MLS