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Property profile & analytics
OFF-MARKET
Commercial real estate

15-32 125 St Queens, NY 11356

1,388 SF Built 1901
Property ID
Property summary
AI-generated overview

This fully detached, two-family frame house presents a fantastic investment opportunity in the heart of College Point, Queens. Boasting a desirable location just three blocks from College Point Boulevard, this property offers easy access to a variety of shops, restaurants, and public transportation. It's also conveniently situated near College Point Park, Powell's Cove Park, and the College Point Center shopping mall, providing residents with ample recreational and shopping options. The property enjoys convenient access to the Whitestone Expressway and LaGuardia Airport. The home features two spacious 2-bedroom, 1-bathroom apartments, each equipped with an eat-in kitchen featuring stainless steel appliances, large bedrooms, a living room, a full bath, and a walk-in closet. A clean full basement and a beautiful private backyard add to the appeal. Recent upgrades include new boilers and gas hot water heaters in each unit, brand new windows throughout, a one-year-old roof, and newly installed siding. The property is delivered vacant, offering immediate occupancy or rental potential. The lot measures 23 x 99.75 feet, while the building is 18 x 20 feet. It's zoned R4A with a FAR of 0.61 (maximum 0.75), and annual property taxes are $5,613. This is a rare opportunity to acquire a well-maintained, updated multi-family property in a highly sought-after location. All information is deemed reliable but should be independently verified.

Property profile
Verified
Property type Commercial real estate
Year built 1901
Total area 1,388 SF
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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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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