For Sale

Listed by Young Kim and Hyounghwaqn Khoo

Source: OneKey #1062507

191 Station Road, New York, NY, 11358

$1,550,000

6

Duplex

•

30+ days on the market

What's around 191 Station Road

About this property

CANA Realty is pleased to present 191-08 Station Road, a premier 4-unit residential asset located in high-demand East Flushing along the Bayside border. Offering strong, stable in-place income with a 4.83% Cap Rate, this asset represents a secure investment in an extremely tight rental market. Executive Summary: Asking Price: $1,550,000 Cap Rate: 4.83% Building Size: Approx. 2,368 SF Lot Size: 3,100 SF (31' x 100') Parking: 6 On-Site Parking Spaces (Private Driveway & Rear Parking) In-Place Gross Income: $107,160 / year ($8,930 / month) Net Operating Income (NOI): $74,863 / year Unit & Income Breakdown: Unit Layout: 100% 1-Bed / 1-Bath Units (4 Units Total) Unit 1: $2,100 / mo ($25,200 / yr) Unit 2: $2,500 / mo ($30,000 / yr) Unit 3: $2,030 / mo ($24,360 / yr) Unit 4: $2,300 / mo ($27,600 / yr) Expenses: Property Tax: $26,297 Insurance: $2,800 Gas (Heating): $1,300 Water & Sewer: $700 Repairs & Maintenance: $1,200 Total Annual Expenses: $32,297 Investment Highlights: Turnkey Cash Flow: Fully occupied with steady, reliable tenants producing $107,160 annual gross revenue. Rare Parking Capacity: Features 6 dedicated parking spaces, a major competitive advantage and value-add asset in Flushing/Bayside. Solid Construction: All-brick structure with low operating expenses and a full basement for utilities/storage. Prime Transit-Oriented Location: Just minutes to the LIRR Broadway Station for a fast commute into Manhattan, Northern Blvd, local dining, and top-rated Queens School District 26 (P.S. 31 / I.S. 25).

Looking for more information on 191 Station Road?

Explore comparables, sales history and growth for this property.
Learn more

Contact

Similar properties for sale nearby

For Sale
$1,499,999
45-39 172nd Street
New York NY 11358
6
2
6
Duplex
Listing courtesy of Dakis Homes 4 U LLC
For Sale
$1,788,000
36 166th Street
New York NY 11358
6
4
1
Duplex
Listing courtesy of Keller Williams Rlty Landmark
For Sale
$1,388,000
36-20 190th St
New York NY 11358
5
4
Duplex
Listing courtesy of Key Impact Realty Group Inc

Other properties for sale by Cana Realty

For Sale
$550,000
1950 Albany Post Road
Wallkill NY 12589
2
1
200
Single-Family
Listing courtesy of Cana Realty
For Sale
$1,320,000
4 Court Drive
South Huntington NY 11746
4
3
200
Single-Family
Listing courtesy of Cana Realty

Browse properties sold in nearby areas

The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

© 2026 RateMyAgent