Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6-20 127Th St College Point, NY 11356

    View on Map
    Sponsored
    For Sale
    $1,580,000

    MULTI_FAMILY - College Point, NY

    Property size:
    2,750 SF
    Lot size:
    0.08 Acres
    Days on Market:
    19
    Last Refresh:
    Mar 15 at 4:06 am

    Property Features for 6-20 127Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 4, Bedroom 5, Bathroom 3, Bedroom 3, Bedroom 7, Basement, Bedroom 8, Bathroom 1, Bedroom 6, Bedroom 2, Dining Room, Bathroom 4, Bedroom 1, Bathroom 2
    Bedrooms
    8
    Bathrooms
    4
    APN
    03953-0054
    Parking
    4
    Interior features
    Built-in Features, Eat-in Kitchen, Formal Dining
    Basement
    Finished, Full, Walk-Out Access
    Size
    2,750 SF
    Lot size
    0.08 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Hot Water(Heating)
    Cooling system
    Electric, ENERGY STAR Qualified Equipment
    Water source
    Public

    Building Details

    Year built
    1952
    Number of units
    4
    Flooring type
    Hardwood
    Building materials
    Brick

    We can help!

    Listing Contact
    Xingye Fu

    eXp Realty (888) 276-0630

    Listing agent Xingye Fu (516) 336-9417

    Listing date Feb 24, 2026

    MLS# 918529 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.

    Learn more

    Property Insight Report

    Overview

    Updated Four-Family Income Property

    This updated four-family property is located in College Point, New York. The two-story building includes a full finished basement and offers rental potential. The building size is 28x50, with a total interior space of 2750 square feet. Each unit features two bedrooms and one bath, with multiple separate entrances. Two units are owner-occupied. The property includes spacious living rooms with new cabinetry, gas stoves, new hardwood floors, and AC split units throughout. Additional features include a balcony, a detached garage with a large terrace, and a private driveway. Solar panels are installed for energy efficiency and cost savings. The property is near Target, BJ's, shopping, dining, and neighborhood conveniences. The location is a 12-minute drive to downtown Flushing, with Q20/Q26/Q25 buses providing direct access to Main Street and the 7 train. The lot size is 0.0826 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    College Point
    County
    Queens
    State
    New York
    Longitude
    -73.841055
    Latitude
    40.790879

    Nearby Similar for Sale

    • $2,680,000
      2,600 SF

      Versatile Commercial Building in College Point

      Well-maintained commercial building suitable for various uses in College Point.
      14-48 College Point Blvd, College Point, NY 11356
      View Details
    • $2,350,000
      0.07 Acres

      Versatile Warehouse with Office Suite

      Warehouse with office space in thriving College Point, Queens.
      1815 128Th St, College Point, NY 11356
      View Details
    • $999,000
      2,600 SF

      College Point Two-Family Property

      Income-producing two-family property in prime College Point location.
      12-25 119Th St, College Point, NY 11356
      View Details
    • New
      $1,229,999
      0.06 Acres

      Mixed-Use Corner Building For Sale

      Mixed-use corner building with bar, office, and apartments.
      901 College Point Blvd, College Point, NY 11356
      View Details
    • $38,888

      College Point High-Traffic Business Opportunity

      Profitable food business on College Point Blvd with stable income.
      18-33 College Point Blvd, College Point, NY 11356
      View Details
    • $1,500,000
      3,200 SF

      College Point Income-Producing Industrial Property

      Well-maintained industrial property in College Point, offering stable income.
      124-15 18Th Ave, College Point, NY 11356
      View Details
    • New
      $1,258,000
      0.03 Acres

      Versatile Multi-Level College Point Home

      Multi-level home in College Point with investment potential.
      114-67 Taipei Ct, College Point, NY 11356
      View Details
    • New
      $988,000
      0.06 Acres

      Two-Family House in College Point

      Two-family house with 5 bedrooms and a large backyard.
      2220 126Th St, College Point, NY 11356
      View Details
    • New
      $950,000
      0.06 Acres

      College Point Multi-Family House

      Two-family house with finished basement and private driveway.
      2312 121St St, College Point, NY 11356
      View Details
    • $1,250,000
      2,580 SF

      Two-Family Home in College Point

      Well-maintained two-family home with desirable features and investment potential.
      5-21 128Th St, College Point, NY 11356
      View Details
    • $2,500,000
      30,000 SF

      College Point Industrial Warehouse Building

      Industrial warehouse with office space in College Point, NY.
      14-24 118Th St, College Point, NY 11356
      View Details
    • New
      $1,950,000
      0.08 Acres

      New Construction Multifamily in College Point

      New construction multifamily property with high rental income potential.
      715 College Pl, College Point, NY 11356
      View Details

    FAQs

    What type of property is this?
    Quadplex - Well-maintained, updated four-family property in prime College Point location.
    Where is this quadplex located?
    The property is located at 6-20 127Th St College Point, NY.
    What is the asking price?
    The asking price for this property is $1,580,000.
    What are key features of this property?
    This property features: - Income-producing four-family property in a prime location.; - Updated units feature new hardwood floors, cabinetry, gas stoves, and AC split units.; - Includes a detached garage with a large terrace and a private driveway.
    (516) 336-9417
    Request Owner's contact information
    6-20 127Th St College Point, NY 11356
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6-20 127Th St
    College Point, NY 11356
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6-20 127Th St College Point, NY 11356
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Xingye Fu
    (516) 336-9417 (888) 276-0630
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!