15-32 125 St Queens, NY 11356
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.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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.