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Six-Unit Multifamily in College Point

22-14 120th Street College Point, NY 11356

22-14 120th Street, College Point, NY, 11356
$1,299,999
For Sale
$1,299,999

MULTI_FAMILY - College Point, NY

Lot Size0.11 Acres
Days on Market131

Property Features for 22-14 120th Street

General Information

Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
10
Bathrooms
6
Rooms
Bedroom 3, Bedroom 8, Bathroom 3, Bedroom 7, Bathroom 5, Bedroom 2, Bedroom 1, Bedroom 10, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 9, Bathroom 6, Bedroom 6, Bedroom 5, Basement, Bedroom 4
Parking
3
Parking features
Driveway
Security features
Security System
Interior features
First Floor Bedroom, First Floor Full Bath, Built-in Features, Natural Woodwork
Fencing
Chain Link
Basement
Walk-Out Access, Full, Storage Space, Unfinished
Standard status
Active
APN
04195-0032
Lot size
0.11 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
20015

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public

Building Details

Year built
1931
Number of units
6
Flooring type
Laminate, Hardwood, Tile - Ceramic
Building materials
Brick, Stucco
Listing Agency Hampton Estates Realty LLC
7 Sunset Ave, Westhampton Beach, NY
Listed by Jennifer Talley · License #10401360295
Added: Mar 10 Checked: Jul 18 at 12:06 pm
MLS# 969527 Listing URL

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 six-unit, rent-stabilized multifamily property is located in the desirable College Point neighborhood of Queens. The building features a stable, long-term tenant base and offers future income upside upon legal vacancy, making it ideal for a patient investor seeking a durable NYC income asset. The property is well-maintained and features an ideal unit mix consisting of two 1-bedroom apartments on the first floor and four 2-bedroom apartments located on the second and third floors. This unit mix offers strong tenant appeal and consistent rental demand. The property generates over $111,000 in annual gross rental income, offering investors an approximate 6.3% cap rate. The property is situated on a lot of approximately 0.1148 acres. The location in College Point provides convenient access to shopping, restaurants, parks, schools, and public transportation. It also offers easy access to Downtown Flushing, major highways, and LaGuardia Airport. The area experiences strong rental demand due to its convenient location and vibrant community.

Key Highlights

  • Six‑unit rent‑stabilized Queens multifamily with stable in‑place income and a long‑term tenant base
  • Unit mix: two 1‑bedroom apartments on the first floor and four 2‑bedroom apartments on the second and third floors
  • Annual gross rental income currently over $111,000 with an approximate 6.3% cap rate (per public remarks)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Dental Office Parking Lot & Garage Real Estate Agency Garden Center Travel Agency Acupuncture (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Rent-stabilized multifamily in desirable College Point neighborhood with income upside.
Where is this apartment building located?
The property is located at 22-14 120th Street College Point, NY.
What is the asking price?
The asking price for this property is $1,299,999.
What are key features of this property?
This property features: Six‑unit rent‑stabilized Queens multifamily with stable in‑place income and a long‑term tenant base; Unit mix: two 1‑bedroom apartments on the first floor and four 2‑bedroom apartments on the second and third floors; Annual gross rental income currently over $111,000 with an approximate 6.3% cap rate (per public remarks)
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