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    10448 38th Ave Queens, NY 11368

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    For Sale
    $2,500,000

    Multifamily property near 7 train with high rental income.

    Type:Investment
    Added:
    Apr 21, 2026
    Days on Market:
    10
    Last Refresh:
    Apr 21 at 12:53 am

    Property Features for 10448 38th Ave

    General Information

    Standard status
    Active
    Property subtype
    Investment

    Building Details

    Year Built
    2016

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    Listing Contact
    Shuang Wang

    Listing agent Shuang Wang

    Listing office B Square Realty

    Listing date Apr 21, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of B Square Realty


    Overview

    Queens Multifamily Investment Opportunity

    This multifamily property features a mix of residential units across four floors and a basement. The first floor contains 2 bedrooms and 1 bathroom. The second and third floors each include front and rear balconies. The fourth floor offers 3 bedrooms and 2 full bathrooms, also with front and rear balconies. The basement includes a half bathroom. Constructed approximately 20 years ago, the property generates about $14,000 in monthly rental income. Two parking spaces are located at the front of the property. Situated in Queens, New York, the property is a 5-minute walk to the 7 train at 103rd Street and close to supermarkets. The location has a bike score of 70, indicating it is very bikeable, a walk score of 89, indicating it is very walkable, and a transit score of 85, indicating excellent transit.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    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
    Queens
    County
    Queens
    State
    New York
    Longitude
    -73.930277
    Latitude
    40.752571

    FAQs

    What type of property is this?
    Apartment building - Multifamily property near 7 train with high rental income.
    Where is this apartment building located?
    The property is located at 10448 38th Ave Queens, NY.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: Generates $14,000 in monthly rental income.; Excellent transit score (85) and very walkable (89); 5‑minute walk to the 7 train at 103rd Street.; Includes two parking spaces at the front of the property.
    More about this property
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