149-35 7th Avenue, College Point, NY 11357
Legal two-family home delivered vacant, featuring matching 3BR units plus a basement accessory dwelling unit.
- Added:
- Jun 16, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 20 at 6:36 am
Property Features for 149-35 7th Avenue
General Information
- Standard status
- Active
- Size
- 3,925 SF
- Property subtype
- Retail, Multifamily
Building Details
- Year Built
- 2001
Listing agent Gregory Tsougranis License #NY 10469
Listing office Keller Williams Realty NYC Group
Listing date Jun 16, 2026
Source Crexi
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 Keller Williams Realty NYC Group
HighLights
- Legal two‑family home built in 2001 with matching 3BR/2BA top- and first‑floor units
- Top‑floor unit includes cathedral ceilings, recessed lighting, open living/dining area, and an L‑shaped kitchen
- Each 3BR/2BA unit has a similar hallway/bathroom flow with three private bedrooms on the main level
- Basement accessory dwelling unit features a professionally designed 2‑bedroom layout with a summer kitchen and tiled living/dining area
- Home includes a private balcony for cookouts and a kitchen skylight
- Delivered vacant; located less than a block from Herman A. MacNeil Park
Overview
The basement includes an accessory dwelling unit with a professionally designed two-bedroom plan. It offers a summer kitchen and a tiled living and dining area, providing flexible options for guest quarters or additional living space. The property is located less than a block from Herman A. MacNeil Park, which features winding paths, shaded areas, water views, and views of the Manhattan skyline.
For buyers seeking rental flexibility, the home provides two similarly configured 3BR/2BA units, plus the basement ADU as a third independent living option. The internal connection to the basement common area supports convenient day-to-day management, and the house will be delivered vacant for immediate occupancy planning.
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 | $181.3k | $46.20 |
| − Vacancy | −$6.9k | −$1.76 |
| EGI | $174.4k | $44.44 |
| − OpEx | −$78.5k | −$20.00 |
| NOI | $95.9k | $24.44 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- College Point
- County
- Queens
- State
- New York
- Longitude
- -73.848739
- Latitude
- 40.79105
