1417 117th Street, College Point, NY 11356
Local realty services provided by:ERA Insite Realty Services
1417 117th Street,College Point, NY 11356
$1,600,000
- 5 Beds
- 5 Baths
- 2,520 sq. ft.
- Multi-family
- Active
Listed by: yanan eill
Office: e realty international corp
MLS#:975247
Source:OneKey MLS
Price summary
- Price:$1,600,000
- Price per sq. ft.:$634.92
About this home
A strong buy-and-hold investment property in College Point, Queens, especially for someone who wants stable rental income with minimal immediate work.
Key investment positives:
• Newer construction (2020): Lower near-term capital expenditure risk (roof, plumbing, electric, structure all relatively new), which typically improves cash flow.
• Fully brick, three above-ground levels plus Finished basement, Brick and newer construction are attractive to lenders and tenants, and the basement with a separate entrance can boost effective income if used legally within zoning and code limits.
• Two-family setup with separate meters: Separate electric, gas, and boilers are ideal for an investor because tenants can pay their own utilities, reducing your operating expenses and simplifying rent structures.
• No-renovation, tenant-occupied: You can collect rent from day one after closing, which reduces vacancy risk and stabilizes early cash flow; this is common in College Point multifamily trades marketed as “turnkey.”
• Modern amenities (split-system AC in each room): Ductless split systems are energy-efficient and quiet, which improves tenant satisfaction and can justify stronger rents compared with older walk-ups relying on window units or no AC.
This configuration supports multiple income streams and flexibility for owner-occupancy plus rental, or pure investment.
• Parking and laundry: Two parking spaces and a dedicated laundry room are high-value amenities in this part of Queens, where on-street parking can be challenging and in-unit or on-site laundry is a frequent tenant demand.
• Transit and retail proximity: A short walk to Q26, Q20, and Q25 buses, all connecting directly to Flushing, makes the location attractive to commuters who rely on bus-to-subway access; proximity to College Point Plaza, supermarkets, banks, and restaurants increases walkability and tenant appeal....
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Home facts
- Year built:2020
- Listing ID #:975247
- Added:52 day(s) ago
- Updated:May 15, 2026 at 10:47 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Full bathrooms:5
- Bedroom Description:First Floor Bedroom
- Basement:Yes
- Basement Description:Finished, Full, Walk-Out Access
- Living area:2,520 sq. ft.
Heating and cooling
- Heating:Baseboard, ENERGY STAR Qualified Equipment
Structure and exterior
- Year built:2020
- Building area:2,520 sq. ft.
- Lot area:0.06 Acres
- Architectural Style:Contemporary
- Construction Materials:Brick
- Exterior Features:Balcony
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,600,000
- Price per sq. ft.:$634.92
- Tax amount:$14,037 (2026)
Parking
- Total parking spaces:2
- Parking description:Attached, Garage, On Street, Private
- Garage:Yes
- Garage spaces:1
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