Built in 1988 and impeccably maintained, this corner property offers six spacious 2-bedroom units—each with a private balcony and rented at market rates—providing excellent cash flow and long-term value.
A true turnkey asset, the building is easy to manage with tenants paying their own utilities, keeping expenses low and net income high.
Located steps from shopping, dining, and public transportation—including the A train on Liberty Avenue—this property ensures strong, consistent tenant demand.
Whether you’re expanding your portfolio or entering the multifamily market, this high-yield building offers solid rental income, minimal overhead, and outstanding growth potential in one of Queens’ most desirable neighborhoods.
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Listing Snapshot
Price
$1,300,000
Days On Site
38 Days
Bedrooms
N/A
Inside Area (SqFt)
5,330 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1169 Acres
Year Built
1988
MLS® Number
888168
Status
Active
Property Tax
$3,999.99
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
a month ago
Listing first seen on site
a month ago
Listing updated with changes from the MLS®
General Features
Acres
0.1169
Cross Street
rockaway ave
Number Of Stories
3
Parking
Driveway
Parking Spaces
3
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Total
5330
Utilities
Natural Gas AvailableNatural Gas Connected
Water Source
Public
Interior Features
Appliances
Gas RangeRefrigerator
Basement
FullWalk-Out Access
Flooring
Hardwood
Heating
Baseboard
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Exterior Features
Construction Details
Brick
Fencing
None
Lot Features
Corner Lot
Community Features
School District
Queens 27
Schools
School District
Queens 27
Elementary School
Ps 63 Old South
Middle School
Jhs 202 Robert H Goddard
High School
Robert H Goddard Hs-Comm/Tech
Listing courtesy of RE/MAX City Square victorguiarssi@gmail.com
Based on information submitted to the MLS GRID as of 2025-08-19 02:33 PM EDT.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently reviewed
and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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