1225 119th Street, College Point, NY 11356
MULTI_FAMILY - College Point, NY
- Added:
- Jun 1, 2026
- Days on Market:
- 15
- Last Refresh:
- Jun 15 at 8:06 am
Property Features for 1225 119th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- Open, On Street
- Interior features
- First Floor Bedroom, First Floor Full Bath
- Basement
- Unfinished, Walk-Out Access
- Standard status
- Active
- APN
- 04040-0017
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7778
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Hot Water(Heating)
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1920
- Number of units
- 2
- Building materials
- Brick, Vinyl Siding
Listing agent Elisabetta Caceda License #10401323305 (917) 584-5982
Listing office Voro LLC 1129 Northern Blvd Ste 404, Great Neck, NY (877) 943-8676
Listing date Jun 1, 2026
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.
HighLights
- Legal two‑family home with a 3‑bedroom, 1‑bath first‑floor unit and a 2‑bedroom, 1‑bath second‑floor unit
- Finished walk‑up attic plus a full unfinished walk‑out basement offering additional storage potential
- Approx. 2,600 SF interior space on a 25' x 97' lot (2,425 SF lot area)
- Utilities: public water and public sewer; heating with natural gas and hot water (heating)
- Cooling via wall/window units and window units
- Q26 bus stop on the corner with direct service to Downtown Flushing, Main Street, and the 7 Train
Overview
The home sits on a 25' x 97' lot, described as having an L-shaped configuration that extends the backyard beyond the main yard area. It is located near College Point Boulevard with shopping, dining, supermarkets, cafes, parks, and everyday amenities. Transportation is accessible via the Q26 bus stop on the corner, with direct service to Downtown Flushing and Main Street, as well as the 7 Train and additional transit connections.
For buyers seeking an owner-occupant setup, this layout supports living in one unit while renting the other. For investors, the property offers two separate residential units plus additional usable area in the finished attic and storage in the walk-out basement. The offering is also noted as having low annual property taxes.
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 | $120.1k | $46.20 |
| − Vacancy | −$4.6k | −$1.76 |
| EGI | $115.6k | $44.44 |
| − OpEx | −$52.0k | −$20.00 |
| NOI | $63.6k | $24.44 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- College Point
- County
- Queens
- State
- New York
- Longitude
- -73.84832
- Latitude
- 40.786925
