Four-Unit
For Sale
$2,300,000
22-12/14 126th Street, College Point, NY 11356
Two attached two-family homes provide flexible residential layouts with separate basement entrances and vacant delivery at closing.
Lot Size0.11 Acres
Days on Market13
Property Features for 22-12/14 126th Street
General Information
Standard status
Active
Lot size
0.11 Acres
Property subtype
Quadruplex
Building Details
Building Size
3,168 SF
Year Built
1901
Buildings
2
Tenancy
Multi
Listing Agency:
LAFFEY REAL ESTATE
(917) 444-2996
Listed By:
Sonia A. Cauchi
Source:
Barbieliteam
Added: Jul 20
Changed: Jul 31
Last Checked: Jul 31 at 10:29PM
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 LAFFEY REAL ESTATE
Investment Insights
Based on property information with market context.
Built in 1901, this four-unit quadplex consists of two attached two-family homes situated on a 5,000-square-foot lot. The property includes a mix of one-, two-, and three-bedroom layouts, offering varied residential configurations. Both buildings feature separate basement entrances, adding functional access to each structure. All four units will be delivered vacant at closing, allowing the next owner to establish occupancy and leasing plans.
The property is located in College Point near P.S. 29, Poppenhusen Playground, neighborhood shopping, restaurants, public transportation, and other local amenities. The two-building configuration combines four residential units on one lot with distinct basement access for each building.
The property is located in College Point near P.S. 29, Poppenhusen Playground, neighborhood shopping, restaurants, public transportation, and other local amenities. The two-building configuration combines four residential units on one lot with distinct basement access for each building.
Key Highlights
- Four residential units across two attached 2‑family homes
- 5,000‑square‑foot lot in College Point
- Mix of one-, two-, and three‑bedroom layouts
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 | $146.4k | $46.20 |
| − Vacancy | −$5.6k | −$1.76 |
| EGI | $140.8k | $44.44 |
| − OpEx | −$63.4k | −$20.00 |
| NOI | $77.4k | $24.44 |
3,168 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.11M
$968.0K – $1.29M
NOI $77,440 @ 7.0% cap · market cap 3.37%
Second Best
Multifamily LT 5
$749.1K
$655.5K – $873.9K
NOI $52,436 @ 7.0% cap · market cap 2.28%
Theoretical Best
Office A
$2.34M
$2.04M – $2.72M
NOI $163,484 @ 7.0% cap · market cap 7.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
412
Businesses Nearby
Explore this area
Business Placement
Demographics for 11356, NY
28,310
Population
9,003
Households
3.1
Avg Household Size
37
Median Age
25%
College-Educated
78%
High-School Grad
1.6 sq mi
ZIP Area
17,694
Density / Sq Mi
$91,445
Median Household Income
$40,928
Median Earnings
$2,160
Median Rent
$893,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Two attached two-family homes provide flexible residential layouts with separate basement entrances and vacant delivery at closing.
Where is this quadplex located?
The property is located at 22-12/14 126th Street College Point, NY.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Four residential units across two attached 2‑family homes; 5,000‑square‑foot lot in College Point; Mix of one-, two-, and three‑bedroom layouts
