20-08 125th Street, College Point, NY 11356

Description

Positioned on an R4A zoned lot, this well-maintained brick two-family residence presents a strong opportunity for both owner-occupants and investors. Building size is 20 ft by 55 ft each floor, total of 3 floors including the walk in basement. The first floor offers a spacious 3-bedroom, 2-bathroom layout with comfortable living areas and functional flow. A fully finished basement provides additional usable space for recreation, storage, or extended household needs. The second floor has been beautifully renovated, featuring a brand-new kitchen, updated flooring, and newer windows throughout. Modern finishes enhance both comfort and long-term value. Solid brick construction and a 2-car garage further add to the property’s durability and rental appeal. Projected rental potential: • First Floor + Basement: approx. $5,000/month • Second Floor: approx. $3,300/month • Garage: approx. $500/month Estimated total potential income: approx. $8,800/month. Conveniently located near the 20th Avenue shopping corridor, including BJ’s, Target, ShopRite, major banks, supermarkets, local markets, restaurants, and schools. Easy access to I-678 (Van Wyck / Whitestone Expressway), connecting directly to I-495 (Long Island Expressway), and minutes to the Whitestone Bridge, offering seamless access to Manhattan and Long Island. A versatile asset suitable for owner-use with income or full investment configuration in a highly accessible residential neighborhood.