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Property profile & analytics
OFF-MARKET
Mixed-use properties

102-34 216Th St Queens Village, NY 11429

Property ID
Property summary
AI-generated overview

This exceptional Queens Village property, located at 102-34 216th St, 11429, presents a unique investment opportunity. Currently configured as a single-family residence, this mixed-use building offers significant potential for conversion back to a two-family dwelling, maximizing rental income. The home boasts four bedrooms and three full bathrooms, providing ample living space. A finished walk-out basement offers additional square footage, readily adaptable for expansion or supplementary living quarters. The property also includes a private backyard, a convenient garage, and a driveway with space for three additional vehicles. Originally a two-family home, it was converted to a single-family residence forty years ago to accommodate the owner's family. This conversion was easily accomplished, suggesting a straightforward reversion to its original two-family configuration. The asking price for this versatile property is $685,000. Its prime location in Queens Village, New York, offers easy access to local amenities and transportation. The property's flexible layout and substantial features make it an attractive prospect for both owner-occupants and investors seeking a strong return on investment. The potential for increased rental income through conversion, coupled with the existing comfortable living space, makes this a truly compelling opportunity.

Property profile
Verified
Property type Mixed-use properties
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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