79-20 Kneeland Ave, New York, NY 11373

Description

Elmhurst Queens 3-Unit Multi-Family – Legal 2-Family with Accessory Unit, Garage & Backyard

Welcome to this well-maintained brick 3-unit property in Elmhurst, Queens, offering approximately 4,400 sq ft of living space and exceptional flexibility for both investors and end-users. Configured as a legal 2-family with an accessory unit (C/O in place), this home delivers strong income potential in one of Queens’ most in-demand neighborhoods.

Property Highlights:
Building Size: 21’ x 55’
Approx. 4,400 Sq Ft Interior
3-unit layout (legal 2-family + accessory unit)
Gas heating system
Roof, boiler, and hot water heater updated within the last 3 years
Private garage + backyard
Multiple balconies for added outdoor space

Layout Overview:
First Floor: Garage + 1-bedroom, 1-bathroom unit (3 rooms)
Second Floor: Spacious 3-bedroom, 1.5-bathroom unit with balcony (6 rooms) – Delivered vacant at closing
Third Floor: 3-bedroom, 1.5-bathroom unit with balcony (6 rooms)
Finished Basement: Additional living space featuring laundry room, 1 bedroom, and 1.5 bathrooms

Rental Income & Value-Add Opportunity:
1st Floor: $2,000/month (month-to-month)
3rd Floor: $3,300/month (month-to-month)
2nd Floor: Vacant – ideal for owner-occupancy or market-rate rental to maximize cash flow

This is a standout opportunity for buyers searching for an Elmhurst multi-family home, Queens income property, or a 3-unit investment property in NYC. Live in one unit while generating income from the others, or fully lease for strong long-term returns.

Prime Elmhurst Location:
Conveniently located near shopping, restaurants, schools, and public transportation, with easy access to subways, buses, and major highways, making commuting throughout Queens, Manhattan, and NYC seamless. Elmhurst continues to be a high-demand rental market, making this a smart and strategic investment.