Queens County Real Estate Search

Queens County Multi-Family Properties for Sale

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Newest Queens County Multi-Family Homes for Sale

$1,599,000
6 Beds 3 Baths 1048630 MLS
Turnkey Live-and-Earn Masterpiece in Prime Elmhurst – Delivered Vacant, ~3,000 SQFT. Discover a premier investment or ultimate live-with-income residence in the heart of Elmhurst, Queens. Sited on a 25x100 lot, this detached multi-family property will be delivered 100% vacant at closing, allowing you to set premium market rents from day one. The building generates a proven gross annual rental income of $102,000, representing a solid 5.07% Capitalization Rate in a completely free-market, non-rent stabilized environment. The property underwent a high-end architectural gut renovation in 2008, fully replacing all underlying infrastructure—including modernized electrical wiring, updated plumbing networks, and rich hardwood floors. Fully separate utility meters for the first and second floors drastically minimize landlord oversight and protect operating margins. Intelligent Multi-Level Layout: The home features a main secure entryway that opens into a private interior vestibule, providing dedicated, separate locked entrances to each of the three independent apartments: First Floor: Fully renovated 2-Bedroom (easily reverted to 3-BR) featuring a large living room, eat-in kitchen with brand new appliances, full bathroom, in-unit washer/dryer, and direct access to a paved, secure, gated backyard with an oversized awning. Second Floor: Independent, sun-drenched 3-Bedroom, 1-Bathroom apartment with a spacious living area, modern eat-in kitchen with a dishwasher, and dedicated brand new laundry washer/dryer. Finished Basement: Completely finished with an expansive open loft layout, featuring a legal full bathroom and a dedicated kitchen/bar area. Complete with a private entrance and electric stove, this versatile space is perfect for an owner's suite, guest quarters, home office, or auxiliary recreation. All basement utilities are included. Location & Amenities: Parking: Secure shared driveway protected by a permanent easement, comfortably accommodating offstreet parking for multiple vehicles.12 Transit: Unbeatable commuter location just two blocks from Queens Boulevard. A seamless 20-minute commute to Manhattan via the Grand Ave–Newtown M/R subway station and Q29 bus line.1 Lifestyle: Moments from Queens Center Mall, Target, Best Buy, Rego Park Shopping Center, and Elmhurst Hospital.1 Education: Adjacent to the prestigious P.S. 102 Bayview (holding an elite 9/10 ranking). Gross Rental Income 102,000. Vacancy Loss (5,100). -------------------------------------------- Effective Gross Income 96,900. Property Taxes (7,145). Operating Expenses (9,238). -------------------------------------------- Total Expenses (16,383). ========================= Net Operating Income 80,517.

85-25 56th Avenue, Elmhurst

$1,399,000
4 Beds 6 Baths 1047832 MLS
Welcome to this beautifully maintained and thoughtfully updated two-family home, offering stunning panoramic views, comfortable living, modern upgrades, and exceptional investment potential in desirable College Point. The upper residence features two bedrooms and two full bathrooms and showcases an expanded and renovated kitchen with smart appliances, a renovated primary bedroom, updated bathrooms, new lighting, and beautifully refinished flooring. A versatile loft provides additional living space and features a half bathroom with laundry, along with access to the patio. Enjoy breathtaking panoramic views of LaGuardia Airport and the iconic NYC skyline—an impressive backdrop for relaxing or entertaining. The spacious living room offers a warm and inviting setting for everyday living and gatherings. The first-floor residence features updated flooring, a renovated kitchen with updated appliances, and an updated bathroom, creating a comfortable and functional living space. Additional highlights include a finished basement with a half bathroom and laundry area, a one-car garage, private driveway, and additional street parking. Step outside to enjoy your own private outdoor retreat featuring a 10’ x 15’ semi above-ground saltwater pool and patio—perfect for summer entertaining and relaxation. Recent improvements include a hot water heater replaced in 2020, a pool liner replaced in 2022, and a roof replaced approximately in 2013. With its flexible two-family layout, valuable updates, private outdoor amenities, breathtaking panoramic views, and exceptional potential for both comfortable living and investment, this College Point property presents a truly outstanding opportunity.

2219 120th Street, College Point

$1,175,000
5 Beds 4 Baths 1047590 MLS
TURNKEY TWO-FAMILY HOME • GUT RENOVATED • INCOME PRODUCING Welcome to 104-18 89th Avenue — a beautifully renovated two-family home offering the perfect combination of modern living, rental income, and long-term investment potential. Situated on a quiet residential block in Richmond Hill, this well-maintained property underwent a major gut renovation approximately five years ago, bringing extensive improvements to the home's structure, finishes, and major building systems. The renovation included significant upgrades to: Roof, Walls and interior finishes, Plumbing, Electrical, Mechanical systems, Tankless mechanical systems, Kitchens and bathrooms, Flooring and lighting . The result is a modern, move-in-ready property with many of the major renovation items already completed. The property offers a desirable layout consisting of: Second Floor: Unit #2 is a 3-bedroom, 1-full-bath and 1 half bath apartment, currently occupied by reliable tenants, providing the new owner with rental income from day one. Unit #1 First Floor and basement is a 2-bedroom, 2-full-bath duplex, providing a comfortable living arrangement for an owner-occupant. Basement: The fully finished basement provides additional flexible space for recreation, storage, a home office, or other permitted uses and features a separate entrance. The renovated interior features beautiful hardwood flooring, recessed lighting, modern cabinetry, updated appliances, contemporary finishes, and bright open living areas. The updated kitchen provides an attractive combination of white cabinetry, modern appliances, generous counter space, and clean contemporary finishes, making it ideal for everyday living and entertaining. The finished lower level provides additional usable space with a modern kitchen area, recessed lighting, updated flooring, and a clean contemporary design. Enjoy your own private backyard, offering space for outdoor entertaining, family gatherings, gardening, or simply relaxing. This property is particularly attractive for an owner-occupant who wants to live in the first-floor duplex while collecting rental income from the second-floor apartment. It also presents an excellent opportunity for an investor seeking a renovated two-family property with an existing tenant and income stream. Enjoy easy access to public transportation, trains, buses, shopping, restaurants, houses of worship, schools, and everyday conveniences. With its extensive renovation, modern interior, two-family configuration, finished basement, private backyard, and income-producing second-floor apartment, 104- 18 89th Avenue offers an exceptional opportunity for a buyer looking for both homeownership. With its extensive renovation, modern interior, two-family configuration, finished basement, private backyard, and income-producing second-floor apartment, 104-18 89th Avenue offers an exceptional opportunity for a buyer looking for both homeownership and investment potential. Schedule your private showing today!

10418 89th Avenue, Richmond Hill

$1,199,999
6 Beds 2 Baths 1047797 MLS
Prime Two-Family Turnkey Income Producer with Common Foyer, Walk-In Basement & 2-Car Garage! Welcome to 117-05 111th Street an exceptional Two-Family residence offering a rare blend of space, flexibility, and investment potential in the highly sought-after neighborhood of South Ozone Park. Situated on a prominent corner lot, this property is the ultimate package for savvy investors looking for immediate rental income or homeowners seeking a spacious primary residence with a built-in tenant to offset their mortgage! Each unit offers a spacious and functional layout flooded with natural light, perfect for comfortable living or top-market rental potential. With a Bonus Walk-In Basement, the property boasts a massive, highly versatile opportunity complete with generous ceiling heights; this substantial bonus space is perfect for a home office, recreation room, massive storage hub,. Coveted Parking & Storage so you can say goodbye to street parking hassles. This property features a rare 2-car detached garage paired with a private driveway, providing excellent vehicle security, storage, or additional income potential. The benefits keep getting better with this true commuter’s paradise! Your tenants will love being just minutes away (.4 miles) from the 111th St Elevated Subway Station (A Train) for a direct ride into Brooklyn and Manhattan. Extensive local and express bus option including the Q37, Q10, Q112, and the QM18 Midtown Express (.02 to .1 miles). This premier Queens Location is even beneficial when commuting by car as you have quick access to the Van Wyck Expressway (I-678) and the Belt Parkway. Plus, you are perfectly positioned just minutes from JFK International Airport, vibrant local shopping corridors, popular dining options, and local schools (PS100 Glen Morris, JHS 226 Virgil I Grissom/Hawtree and John Adams HS). Whether you want to live in one unit and rent out the other, house an extended family comfortably under one roof, or add a high-yielding asset to your real estate portfolio, 117-05 111th Street is a rare Queens gem waiting to be claimed. Bring your vision and come check it out!

117-05 111th Avenue, South Ozone Park

$1,599,000
4 Beds 2 Baths 1047648 MLS
Welcome to this well-maintained two-family home in the heart of Astoria, offering a versatile layout, comfortable living spaces, and the convenience of urban living. Ideally located within walking distance to neighborhood shops, restaurants, parks, and public transportation, this property provides an easy commute into Manhattan. Astoria is known for its vibrant residential community, abundant local amenities, parks, and excellent transit options. The first floor features a spacious one-bedroom apartment with a generous living room, a convenient alcove perfect for a home office, an updated kitchen, and a full bathroom. A private courtyard provides a pleasant connection to the backyard and offers additional outdoor space. The second and third floors comprise a spacious three-bedroom, one-bathroom duplex, featuring an updated kitchen, formal dining room, and comfortable living room—providing plenty of space for everyday living and entertaining. Additional highlights include one-car off-street parking in the driveway a highly desirable feature in Astoria, along with a location that puts shopping, dining, recreation, and transportation close at hand. With its flexible two-family configuration, outdoor space, and convenient location, this property presents an excellent opportunity for multi-generational living, rental income, or an owner-occupant seeking additional income potential. A wonderful opportunity to own in one of Queens' most desirable and conveniently located neighborhoods, with easy access to Manhattan and all that Astoria has to offer.

25-30 36th Avenue, Astoria

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Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.