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$1,730,000 Just Listed
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Property Description
Investment Opportunity in College Point: Detached Six-Family Residence with Recent Upgrades and Private Driveway. Presenting a detached six-family property in the College Point neighborhood of Queens. This income-producing asset features five recently renovated units, all six units with a functional railroad-style layout offering two bedrooms and one bathroom. All units boast hardwood floors, tiled kitchens, and fully tiled bathrooms, with abundant natural light streaming through numerous windows. The property also benefits from a new electrical system and a new roof. Benefit from a strong approximate 6% capitalization rate and the convenience of a private, fenced-in driveway with approximately 10 on-site parking spaces. and offers the potential for 2 - 3 vacant units upon closing. Residents will appreciate the property's proximity to the Flushing Point Marina and Skyline Sports Club, as well as easy access to transportation via the nearby Q65 MTA bus line. This is an exceptional opportunity for investors seeking a stable and upgraded multi-family building in a prime location.
Full Property Details
Full Property Details for 22-08 120th St
General
- Price: $1,730,000
- Taxes: $154,730
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 952291
- Updated: Today (1/15/2026)
- Added to Site: Today
Parking
- Parking Features: Private
Location
- County: Queens
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Baseboard
Utilities
- Sewer: Other
- Water: Other
- Utility Description: See Remarks
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Partially Finished
- Building Size: 3900
- Square Feet: 3,900
- Year Built: 1931
Lot Features
- Lot Size (Acres): 0.1148
- Lot Size (Sq. Ft.): 5,000
Financial Considerations
- Tax Amount: $154,730
Disclosures and Reports
- Special Conditions: None
- Property ID: 04195-0029
Listed by RE/MAX Edge
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Schools
Schools serving 22-08 120th St
School District:New York City Geographic School District 25
| Name | Grades | Distance |
|---|---|---|
Ps 29 125-10 23rd Ave, Queens, NY 11356 | PK-5 | 0.3 mi |
Jhs 185 Edward Bleeker 147-26 25th Dr, Queens, NY 11354 | 6-8 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 22-08 120th St
Date
Details
Price
Change
Source
1/15/2026
Listed
$1,730,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 22-08 120th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$16,998
—
$135,987
-54%
2024
$17,001
8%
$292,680
132%
2023
$15,770
10%
$126,137
-49%
2022
$14,357
6%
$247,050
-17%
2021
$13,541
6%
$299,250
3%
2020
$12,775
—
$290,700
7%
2019
$12,775
14%
$271,800
187%
2017
$11,173
—
$94,844
8%
2017
$11,173
2%
$87,846
3%
2016
$10,947
8%
$84,913
8%
2015
$10,150
6%
$78,785
—
2014
$9,590
6%
$78,785
8%
2013
$9,077
—
$72,957
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 22-08 120th St
22-08 120th Street, College Point, NY 11356 (MLS# 952291) is a Commercial property. 22-08 120th Street is currently listed for $1,730,000 and was received on January 15, 2026. Want to learn more about 22-08 120th Street? Do you have questions about finding other Commercial real estate for sale in College Point? You can browse all College Point real estate or contact a Coldwell Banker agent to request more information.

