84-124 Austin St, Kew Gardens, NY 11415
This fully vacant, 1,598 square foot mixed-use property in Kew Gardens, NY, presents a unique opportunity for both owner-occupancy and high-yield investment. The meticulously maintained three-story brick building, constructed in 1994 and recently renovated (2025), boasts two separate 2-bedroom units, each with a full bath, and a half-bath in the above-ground basement. Generously sized master bedrooms and charming balconies enhance the appeal of each unit. Modern conveniences include dishwashers and washer/dryer hookups in both units. The property also features an attached garage, private parking, and a private fenced yard. Its prime location offers easy access to the E/F express train, LIRR, major highways (including the Van Wyck Expressway), buses, schools, daycare centers, restaurants, shopping, a hospital, and numerous parks. The property includes two boilers, two hot water tanks, three electric meters, and two gas meters. This turnkey investment is ready for immediate occupancy or rental income generation. The recent renovations, including updated kitchens and bathrooms, ensure a move-in ready condition. Don't miss this exceptional opportunity in a highly desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.