Mixed-Use Building with Ground
1846 College Point Boulevard College Point, NY 11356
New
1846 College Point Boulevard, College Point, NY, 11356
$1,480,000
For Sale
$1,480,000
MULTI_FAMILY - College Point, NY
Property Size3,400 SF
Lot Size0.06 Acres
Price / SF$435.29
Days on Market3
Property Features for 1846 College Point Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Dining Room, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 2
- Parking
- 2
- Parking features
- Driveway
- Interior features
- Formal Dining
- Standard status
- Active
- APN
- 04083-0039
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 26362
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1960
- Number of units
- 4
- Building materials
- Brick
Listing Agency
City Realty Group
(718) 888-9005
2014 College Point Blvd # 1FL, Flushing, NY
Listed by
Emmy D. Cai CBR
(646) 805-8688
Added: Jul 15 Checked: Jul 17 at 10:06 am
MLS# 1026233
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.
Mixed-use building with a ground-floor commercial footprint measuring 25' x 54' and two dedicated front parking spaces. The building includes two retail stores on the ground level. Above, the second and third stories each offer residential layouts measuring 25' x 41' (1,025 sq. ft.). The second-floor unit is a newly renovated two-bedroom, one-bathroom apartment with a living room, dining room, and private balcony. The third-floor unit mirrors the layout with an additional two-bedroom, one-bathroom residence.
The property is positioned on one of College Point’s busiest commercial corridors and is situated alongside national retailers including Walgreens, Dunkin', Bank of America, and T-Mobile. Public transit access is supported by the Q20, Q26, and Q76 bus lines providing direct access to downtown Flushing.
Infrastructure is reported to be well-maintained, including a two-year-old roof.
The property is positioned on one of College Point’s busiest commercial corridors and is situated alongside national retailers including Walgreens, Dunkin', Bank of America, and T-Mobile. Public transit access is supported by the Q20, Q26, and Q76 bus lines providing direct access to downtown Flushing.
Infrastructure is reported to be well-maintained, including a two-year-old roof.
Key Highlights
- Mixed‑use building with 2 ground‑floor retail stores plus 2 residential apartments above
- Ground‑floor commercial footprint: 25' x 54'
- Each apartment unit offers 1,025 SF with 25' x 41' residential layouts on the 2nd and 3rd floors
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 | $157.1k | $46.20 |
| − Vacancy | −$6.0k | −$1.76 |
| EGI | $151.1k | $44.44 |
| − OpEx | −$68.0k | −$20.00 |
| NOI | $83.1k | $24.44 |
3,400 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.19M
$1.04M – $1.39M
NOI $83,111 @ 7.0% cap · market cap 5.62%
Second Best
Retail
$867.0K
$758.6K – $1.01M
NOI $60,690 @ 7.0% cap · market cap 4.10%
Theoretical Best
Office A
$2.51M
$2.19M – $2.92M
NOI $175,456 @ 7.0% cap · market cap 11.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Mixed-use building with two ground-floor retail spaces and two residential units above, plus two dedicated front parking spaces.
Where is this duplex located?
The property is located at 1846 College Point Boulevard College Point, NY.
What is the asking price?
The asking price for this property is $1,480,000.
What are key features of this property?
This property features: Mixed‑use building with 2 ground‑floor retail stores plus 2 residential apartments above; Ground‑floor commercial footprint: 25' x 54'; Each apartment unit offers 1,025 SF with 25' x 41' residential layouts on the 2nd and 3rd floors
