Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    717 College Place College Point, NY 11356

    View on Map
    Claim this Listing
    For Sale
    $1,850,000

    MULTI_FAMILY - Colonial - College Point, NY

    Lot size:
    0.08 Acres
    Added:
    Mar 15, 2026
    Days on Market:
    46
    Last Refresh:
    Apr 29 at 10:06 pm

    Property Features for 717 College Place

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    8
    Bathrooms
    6
    Rooms
    Bedroom 1, Bedroom 4, Bathroom 4, Bedroom 2, Bathroom 5, Bedroom 6, Bathroom 2, Bedroom 8, Bedroom 5, Bathroom 3, Bathroom 6, Bedroom 3, Bathroom 1, Bedroom 7, Basement
    Parking features
    Garage
    Interior features
    First Floor Bedroom
    Basement
    Walk-Out Access, Finished, Full
    Standard status
    Active
    APN
    03942-0004
    Lot size
    0.08 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    10901

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    ENERGY STAR Qualified Equipment
    Water source
    Public

    Building Details

    Year built
    2020
    Number of units
    2
    Flooring type
    Hardwood
    Building materials
    Brick
    Architectural style
    Colonial

    We can help!

    Listing Contact
    Yan Lin

    Listing agent Yan Lin License #10301218694

    Listing office RE/MAX 1st Choice 159 Northern Blvd, Great Neck, NY

    Listing date Mar 15, 2026

    MLS# 971898 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.

    Overview

    Modern Duplex in College Point

    Located on a quiet residential block in College Point, this property features modern construction and a thoughtfully designed layout. Constructed with quality materials and attention to detail, the home offers bright interiors and contemporary finishes. The floor plan is designed to maximize both comfort and functionality. Multiple levels and well-defined living areas provide flexibility, making the property suitable for extended households or multi-generational living. The property is conveniently located near shopping, dining, parks, and major transportation routes, including easy access to the Whitestone Expressway and nearby bus lines connecting to Flushing. The lot size is 0.0753 acres. This property is located in Queens County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    College Point
    County
    Queens
    State
    New York
    Longitude
    -73.846944
    Latitude
    40.790421

    Nearby Similar for Sale

    • $2,350,000

      Versatile Warehouse with Office Suite

      Warehouse with office space in thriving College Point, Queens.
      1815 128th Street, College Point, NY 11356
      View Details
    • $999,888

      College Point Two-Family Home

      Legal two-family home with income potential in College Point.
      121-29 8th Avenue, College Point, NY 11356
      View Details
    • $38,888

      College Point High-Traffic Business Opportunity

      Profitable food business on College Point Blvd with stable income.
      18-33 College Point Blvd, College Point, NY 11356
      View Details
    • $1,258,000

      Versatile Multi-Level College Point Home

      Multi-level home in College Point with investment potential.
      114-67 Taipei Court, College Point, NY 11356
      View Details
    • $1,338,000

      Mixed-Use Investment in College Point

      Well-maintained mixed-use building with retail, residential, and parking.
      20-11 College Point Boulevard, College Point, NY 11356
      View Details
    • $1,380,000

      College Point Mixed-Use Investment Opportunity

      Semi-detached, renovated mixed-use building with M1-2 zoning in College Point.
      126-01 18TH Avenue, College Point, NY 11356
      View Details
    • $1,280,000

      Two-Family House in College Point

      Semi-detached, move-in ready two-family house with modern amenities.
      12816 23RD Avenue, College Point, NY 11356
      View Details
    • $1,600,000

      Newer Construction Multifamily in College Point

      Two-family property built in 2020 with modern amenities.
      1417 117TH Street, College Point, NY 11356
      View Details
    • $1,299,999

      College Point Multifamily Investment Opportunity

      Six-unit income property in College Point, Queens. Great investment.
      22-14 120th Street, College Point, NY 11356
      View Details
    • $1,500,000

      College Point Income-Producing Industrial Property

      Well-maintained industrial property in College Point, offering stable income.
      124-15 18th Avenue, College Point, NY 11356
      View Details
    • $1,600,000
      1,800 SF

      Spacious Two-Family Home with Upgrades

      Versatile two-family home with income potential in College Point.
      119-28 8th Avenue, College Point, NY 11356
      View Details
    • $1,300,000

      College Point Two-Family Home

      Two-family home in College Point with parking and yard.
      117-11 14th Road, College Point, NY 11356
      View Details

    FAQs

    What type of property is this?
    Duplex - Nearly new duplex in a convenient College Point location.
    Where is this duplex located?
    The property is located at 717 College Place College Point, NY.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: Built in 2020 with modern construction and quality craftsmanship.; Versatile layout suitable for extended households or multi‑generational living.; Convenient location near shopping, dining, parks, and major transportation routes.
    (646) 291-7830
    We can help!
    Listing Contact
    Yan Lin
    Real Estate License ID: 10301218694
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!