#857671, Listing office: Apple Realty Group Corp
116-01-03 14th Rd College Point, NY 11356
Property details
About 116-01-03 14th Rd
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*
Highlights
Summary
- Full Bathrooms: 4
- Basement: Yes
- Interior: Other
- Total Bedroom Count: 8
- Heating: Electric, Other
- Cooling: Wall/Window Unit(s)
- List Price: $1,180,000
- Directions: Google Maps
- Year Built: 1924
- MLS Number: 846468
- MLS Name: ONEKEY2
- Office Name: B Square Realty
- Office Phone: (646) 889-9988
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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Last updated on: 6/24/2025, 11:56:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,180,000
116-01-03 14th Rd
$10,000
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Price information
Property sales
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Tax history
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Nearby schools
5
P.S. 29 Queens School
Public District PK-5
0.8 mi
•12510 23rd Ave
6
P.S. 129 Patricia Larkin School
Public District KG-5
1.0 mi
•12802 7th Ave
8
PS 242 Leonard P Stavisky Early Childhood School
Public District PK-3
1.6 mi
•2966 137th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $68,654. Typical income of College Point, NY residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 116-01-03 14th Rd
The listing price of 116-01-03 14th Rd property is $1,180,000.
The property 116-01-03 14th Rd is a multi located in College Point, New York, 11356.
Active Listing: 116-01-03 14th Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 116-01-03 14th Rd are: P.S. 29 Queens School (GreatSchools Rating 5/10), P.S. 129 Patricia Larkin School (GreatSchools Rating 6/10), PS 242 Leonard P Stavisky Early Childhood School (GreatSchools Rating 8/10), College Point Collaborative (GreatSchools Rating 4/10), P.S. 127 Aerospace Science Magnet School (GreatSchools Rating 3/10), Valence College Preparatory Charter School (GreatSchools Rating 8/10), Queens Academy High School (GreatSchools Rating 3/10), Flushing High School (GreatSchools Rating 3/10), Veritas Academy (GreatSchools Rating 4/10).
The year of construction for 116-01-03 14th Rd is 1924.
This home is located at 116-01-03 14th Rd in College Point, NY and zip code 11356 in the College Point neighborhood. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 9, 2025 and is currently priced at $1,180,000.
Over 207 listings were sold over their listed price in May 2025 in College Point, NY. In the same period over 737 listings were sold below the listed price and 936 listings were sold for the listed price. The number of listings in College Point, NY increased by 0.3% between April and May 2025. Listings spent 121 days on the market in May 2025, and had a median list price of $875,081 during the same period.