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116-01-03 14th Road, College Point, NY 11356

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For Sale

$1,180,000

8 beds • 4 baths • 5,145 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $229.35
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Exceptional Investment Opportunity in the Heart of College Point Introducing 116-01 & 116-03 14th Road two mixed-use buildings being sold together as one rare and valuable package. Located on a corner lot just off College Point Boulevard, this property offers strong income potential, flexible usage, and long-term upside. Set on a corner lot with R4-1 zoning, the buildings feature a total of four free market residential units (two two-bedroom each apartment), two ground-floor commercial spaces and private back yard. It s a well-rounded asset offering multiple income streams. The current setup includes a commercial tenant who leases both stores along with the basement, rear yard. Two of the four residential units are currently vacant, offering immediate leasing opportunity or renovation upside. With all units fully leased at market rents, the projected gross annual income exceeds $150,000, offering a potential cap rate of approximately 12%. Tenants are responsible for their own electricity keeping operating expenses low. Sold as-is with tenants in place, this is a standout investment in a convenient location close to shops, schools, and public transportation. Don t miss this chance to acquire a high-potential, income-generating property in growing College Point. All info deems accurate need to verify by potential buyers*
MLS# 846468

Courtesy Of B Square Realty

(718) 939-8388

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Rooms
    Basement

Map and Directions

Directions to 116-01-03 14th Road, College Point, NY 11356

Home seller CENTURY 21 Realty Specialists

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Realty Specialists

(631) 418-8222
Learn More About Us

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Monthly Payment Breakdown

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Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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