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106-02 32 Ave Queens, NY 11369

  • Apartment buildings
  • 1 SF
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Apartment buildings

Property Details for 106-02 32 Ave

Year built
1940
Property size
1 SF
Property type
Apartment buildings

Description

This exceptional investment opportunity presents a two-story, six-bedroom multifamily building located at 106-02 32nd Avenue in Queens, New York, 11369. Built in 1940, this property boasts a substantial 3,109 square foot lot and offers two spacious apartments, each featuring three bedrooms, a living room, kitchen, and a full bathroom. The building also includes a full finished basement, perfect for additional storage or potential expansion. The basement houses the boiler room and water tank. The property benefits from a convenient location, close to Grand Central Parkway, LaGuardia Airport, a stadium, supermarket, and schools. Parking is provided by a private, detached one-car garage and driveway. The building's exterior is a blend of brick, frame, and aluminum siding. Utilities include public water and sewer, with natural gas heating and hot water. While there is no central air conditioning, the property offers significant potential for rental income and future appreciation. This is a rare opportunity to acquire a well-maintained multifamily property in a desirable Queens location for $1,288,800. The property features two full bathrooms and one half-bathroom, along with two kitchens. This is an ideal investment for those seeking a strong return on investment in the thriving Queens real estate market.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Queens
County
Queens
State
New York
Longitude
-73.863
Latitude
40.7596
More about this property
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