Two-Family House in College
12816 23RD Avenue College Point, NY 11356
12816 23RD Avenue, College Point, NY, 11356
$1,280,000
Pending
For Sale
$1,280,000
Pending
MULTI_FAMILY - College Point, NY
Property Size2,080 SF
Lot Size0.07 Acres
Days on Market100
Property Features for 12816 23RD Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 5, Bedroom 2, Bathroom 3
- Standard status
- Pending
- APN
- 04232-0037
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 9811
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Electric
- Water source
- Public
Building Details
- Year built
- 1960
- Number of units
- 2
- Building materials
- Brick
Listing agency
E Realty International Corp
(718) 886-8110
Listed by
Meiying Lin · License #10401290222
(646) 708-2063
Added: Apr 14 Updated: Jul 17 at 9:20PM Checked: Jul 22 at 9:06PM
MLS# 985228
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This semi-detached brick two-family house is available for sale in College Point, New York. The property benefits from excellent light and ventilation. It is well-maintained and move-in ready, requiring no renovation. The house features air conditioning, a spacious primary bedroom, and ample storage. A private landscaped front yard enhances the property's appeal. The location is convenient, with the Q25 bus to Main Street nearby, as well as proximity to BJ's, Target, and parks. The property includes a brand new boiler and heater. A huge driveway provides ample parking. The lot size is 2,970 square feet, while the building size is 2,080 square feet (20X52). The property is zoned R4-1. The property tax is $9,811.
Key Highlights
- Semi‑detached brick two‑family house on a 2,970 SF lot with a private landscaped front yard
- 2,080 SF building (20x52) built in 1960 with R4‑1 zoning
- Updated heating and comfort: brand new boiler and heater, natural gas heating, and A/C with electric cooling
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $96.1k | $46.20 |
| − Vacancy | −$3.7k | −$1.76 |
| EGI | $92.4k | $44.44 |
| − OpEx | −$41.6k | −$20.00 |
| NOI | $50.8k | $24.44 |
2,080 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$726.3K
$635.6K – $847.4K
NOI $50,844 @ 7.0% cap · market cap 3.97%
Second Best
Multifamily LT 5
$491.8K
$430.3K – $573.8K
NOI $34,427 @ 7.0% cap · market cap 2.69%
Theoretical Best
Office A
$1.53M
$1.34M – $1.79M
NOI $107,338 @ 7.0% cap · market cap 8.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Semi-detached, move-in ready two-family house with modern amenities.
Where is this duplex located?
The property is located at 12816 23RD Avenue College Point, NY.
What is the asking price?
The asking price for this property is $1,280,000.
What are key features of this property?
This property features: Semi‑detached brick two‑family house on a 2,970 SF lot with a private landscaped front yard; 2,080 SF building (20x52) built in 1960 with R4‑1 zoning; Updated heating and comfort: brand new boiler and heater, natural gas heating, and A/C with electric cooling
