Mixed-Use Building with Ground-Floor
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 Market4
Property Features for 1846 College Point Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Dining Room, Bedroom 4
- 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 18 at 2:06 pm
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.
This mixed-use building combines a ground-floor commercial footprint with two residential apartments above. The ground level spans 25' x 54' and includes two retail stores. The second and third stories each provide a 25' x 41' residential layout, with a two-bedroom, one-bath configuration. The second-floor apartment includes a living room, dining room, and a private balcony, and the third-floor unit mirrors the same spacious layout. The property’s infrastructure is described as well-maintained, with a roof that is approximately two years old.
The building is located along College Point Boulevard in Queens. Public remarks note it is positioned alongside national retailers including Walgreens, Dunkin', Bank of America, and T-Mobile, and that nearby bus lines Q20, Q26, and Q76 provide direct access to downtown Flushing.
Additional convenience is provided by two dedicated front parking spaces. The property presents a straightforward owner-user or investment setup, with ground-floor retail complemented by the two above-market residential units.
The building is located along College Point Boulevard in Queens. Public remarks note it is positioned alongside national retailers including Walgreens, Dunkin', Bank of America, and T-Mobile, and that nearby bus lines Q20, Q26, and Q76 provide direct access to downtown Flushing.
Additional convenience is provided by two dedicated front parking spaces. The property presents a straightforward owner-user or investment setup, with ground-floor retail complemented by the two above-market residential units.
Key Highlights
- Two ground‑floor retail stores plus two residential apartments on the 2nd and 3rd floors
- Ground‑floor commercial footprint is 25' x 54' with two dedicated front parking spaces
- Each residential level (2nd and 3rd) has a 25' x 41' layout with 2 bedrooms and 1 bathroom
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
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - A mixed-use building with ground-floor retail and two 2-bedroom residential units, plus two dedicated front parking spaces.
Where is this quadplex 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: Two ground‑floor retail stores plus two residential apartments on the 2nd and 3rd floors; Ground‑floor commercial footprint is 25' x 54' with two dedicated front parking spaces; Each residential level (2nd and 3rd) has a 25' x 41' layout with 2 bedrooms and 1 bathroom
