UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1027179
Style Other
Bedrooms 8
Full Baths 3
Rental Info No
Year Built 2007
Annual Tax Amount $10,464
Lot Size 1,899 Sqft
Acres 0.0436
Lot Dimensions 19X100
Property Sub-Type Triplex
Source onekey2
Property Description
Built in 2007 and perfectly situated in a high-demand corridor between Hillside Avenue and Jamaica Avenue, this meticulously maintained 8-bedroom, 3-bathroom brick multi-family is a rare, cash-flowing gem. Whether you are looking to live mortgage-free or seeking a low-maintenance, high-yield asset to add to your portfolio, this property is engineered for financial performance.
For the Smart Owner-Occupant House
Imagine living in a premium, solid-brick home while your tenants pay the mortgage. You can occupy one of the spacious, hardwood-floored units and use the aggressive rental income from the remaining floors to completely offset your living expenses. With three distinct residential levels and a high-ceiling finished basement featuring two separate exterior entrances, the layout offers incredible flexibility for privacy, extended family, or multigenerational living.
For the Savvy Investor
This is a true turnkey investment designed for maximum net operating income. The property features remarkably low taxes and fully separated utilities to keep landlord expenses at an absolute minimum. With 4 electric meters, 3 gas meters, 3 individual boilers, and 3 hot-water tanks, tenants are responsible for their own heating and energy usage. Simply close, collect rent, and enjoy the strong ROI in an area with relentless rental demand.
Property Highlights
Big Layout: 8 Bedrooms | 3 Full Bathrooms across three residential floors.
Turnkey Condition: Built in 2007 with solid hardwood floors throughout.
Separated Utilities: 4 electric meters, 3 gas meters, 3 boilers, and 3 hot-water tanks (low landlord expenses).
Bonus Space: High-ceiling finished basement with 2 separate exterior entrances.
Parking Potential: Space for 2 cars in the front (subject to DOT approval/permissions).
Financial Edge: Exceptionally low taxes in a prime, high-demand location.
Disclaimer: Buyer and buyer's agent to independently verify all information, including legal use, taxes, dimensions, zoning, permits, basement status, and parking/DOT requirements.
Location
State NY
County Queens
Rooms
Basement Finished, Full
Interior
Interior Features Formal Dining, Granite Counters, High Ceilings, Marble Counters, Open Kitchen, Primary Bathroom
Heating ENERGY STAR Qualified Equipment, Natural Gas
Cooling ENERGY STAR Qualified Equipment
Flooring Hardwood
Fireplace No
Exterior
Exterior Feature Balcony, Mailbox
Parking Features On Street
Utilities Available Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Trash Collection Public, Water Available, Water Connected
Garage false
Building
Lot Description Near Public Transit, Near School, Near Shops
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Ps 80 Thurgood Marshall Magnet
Middle Schools Is 238 Susan B Anthony Academy
High Schools Queens 29
School District Queens 29
Others
Senior Community No
Special Listing Condition None
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Broker | License ID: 10311202741
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