$10,000 Closing Credit¹
#L3586527, Listing Office: Voro LLC
$1,280,000 List price
116-01-03 14th Rd College Point, NY 11356
$10,000
Closing credit¹
8 beds
4 full
Multi-Family
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
Home typeQuadruplex
HeatingElectric, Other
StatusActive
CoolingWall/Window Unit(s)
BasementYes
Year built1924
MLS #846468
Summary
- 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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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 4/15/2025, 1:11:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,280,000
116-01-03 14th Rd
$10,000
closing credit¹
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0.5% sale price²
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. Most residents in this area have high school diploma education.
How much money do the neighbors make?
28%
<35k
49%
35k-100k
22%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
37%
Single, No Kids
13%
Single, with Kids
24%
Married, No Kids
26%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
7%
12-17 yrs old
30%
18-34 yrs old
39%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Popeyes
White Castle
Boston Market
What do the neighbors drive?
Nissan
Kia
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary- Soft Adult Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
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 $1,280,000.
Over 180 listings were sold over their listed price in March 2025 in College Point, NY. In the same period over 693 listings were sold below the listed price and 763 listings were sold for the listed price. The inventory of homes for sale in College Point, NY between February and March 2025 increased by 5.1%. While the average time on the market in March 2025 was 143 days, the median list price was $869,492.
From Rocket Homes Real Estate and based on county public records data.