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Detached Legal Three-Family Residence
For Sale
$1,990,000

59-44 159 St, Queens, NY 11365

Three-family residence in a sought-after Queens community.

Property SizeContact for details
Lot Size0.07 Acres
Days on Market277

Property Features for 59-44 159 St

General Information

Standard status Active
Lot size 0.07 Acres
Property subtype Investment

Taxes and HOA fees

Annual Taxes $13,992

Building Details

Year Built 2006
Units 3
Listing Agency:
Listed By: Mun Yoke Chang
Source: Elliman
Added: Nov 27, 2025 Changed: Aug 25 Last Checked: Aug 30 at 9:31PM

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 Mun Yoke Chang

Investment Insights

Based on property information with market context.

This detached legal three-family residence is located in a desirable neighborhood. The property presents an investment opportunity for rental income or owner occupancy, and is suitable for extended family living. The location provides access to the Long Island Expressway, bus stops, restaurants, supermarkets, and a park. The property is within an excellent school district and walking distance to Francis Lewis High School and Junior High School 216. Downtown Flushing is a 15-minute drive away. This multi-family residence is situated in one of Queens' sought-after communities.

Key Highlights

  • Legal 3‑family detached house
  • Excellent school district; walking distance to Francis Lewis HS and JHS 216
  • Great investment potential for rental income or owner occupancy

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Hair Salon Parking Lot & Garage (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Spa & Massage Center Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,432
Businesses Nearby

Demographics for 11365, NY

46,908
Population
16,626
Households
2.8
Avg Household Size
41
Median Age
39%
College-Educated
84%
High-School Grad
2.5 sq mi
ZIP Area
18,763
Density / Sq Mi
$85,375
Median Household Income
$51,458
Median Earnings
$1,869
Median Rent
$911,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-family residence in a sought-after Queens community.
Where is this triplex located?
The property is located at 59-44 159 St Queens, NY.
What is the asking price?
The asking price for this property is $1,990,000.
What are key features of this property?
This property features: Legal 3‑family detached house; Excellent school district; walking distance to Francis Lewis HS and JHS 216; Great investment potential for rental income or owner occupancy
More about this property
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