101-38 131st Street

New York NY 11419

1446 sq. ft.

2523 sq. ft.

Duplex

Currently for sale - view listing

Overview

Whether you're an owner-occupant looking to offset your mortgage with rental income or an investor seeking a property with excellent income potential, this legal two-family home in the heart of South Richmond Hill is an opportunity you won't want to miss. The first unit features a spacious 2-bedroom, 1-bath layout, while the second unit offers a generous 3-bedroom, 1-bath layout with additional storage space and a private balcony. Both apartments provide functional floor plans, generous living spaces enhanced by an abundance of natural light.. The property is equipped with three separate electric meters, making utility management convenient for both owners and tenants. The full basement with a separate outside entrance provides additional versatile space and offers excellent potential. Well maintained and in good overall condition, this home presents outstanding long-term value in one of Queens' most desirable neighborhoods. Ideally located near public transportation, shopping, restaurants, schools, parks, houses of worship, major highways, and neighboring communities, this property combines convenience, income potential, and comfortable living in a prime location.

Features

5 bedrooms

2 bathrooms

1 carspace

1446 sq. ft. floor area

2523 sq. ft. lot size

Duplex

Property history for 101-38 131st Street

2024

Sold

$740,000

02 Oct 2024 by Lionel Leconte, of East Coast Realty Partners LLC

Happy sellers in New York

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