24-41 82nd St New York City, NY 11370

Legal Two-family. Tenants are on month-to-month leases. Discover an opportunity at 24-41 82nd Street, a well-maintained two-family home that combines modern upgrades with strong investment potential. Perfect for investors aiming for steady rental income or homeowners seeking a versatile income-generating residence, this property offers a great balance of lifestyle benefits and financial returns. The top-floor unit offers a spacious three-bedroom, one-bath layout filled with natural light and generous closet space. A large living room provides an ideal setting for entertaining, while the primary bedroom comfortably accommodates a king-size bed. The ground-floor unit features a well-proportioned two-bedroom, one-bath layout with direct access to a private rear parking area, enhancing both convenience and rental desirability. Current rents are slightly below market, presenting a clear upside opportunity upon tenant turnover. Both units are occupied on month-to-month leases, generating a combined monthly rental income of $5,756, and allowing flexibility for future repositioning. With minimal near-term capital requirements and consistent cash flow, the property is well-suited for long-term investors, 1031 exchange buyers, or end users seeking supplemental income. Ideally located minutes from LaGuardia Airport and close to major transportation options, the property offers easy access to Jackson Heights, Flushing, and Manhattan.