New York, NY 11419

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 5 BR
Bathrooms: 2
Lot Size: 0.1 Acres

Financials

Price:$999,000
Annual Taxes:$6,523.20
24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of Redfin Real Estate

Investor opportunity in the heart of South Richmond Hill !

Description

Investor opportunity in the heart of South Richmond Hill! 10138 131st Street is a fully income-producing duplex offering strong cash flow, making it an excellent addition to an investment portfolio. This property presents an ideal setup for investors seeking immediate rental income with future upside potential. Configured as a legal 2-family residence, the first level features a spacious 2-bedroom, 1-bath layout, while the second level offers a generous 3-bedroom, 1-bath apartment. Both units provide practical layouts with well-proportioned living spaces and ample natural light throughout. The property includes 3 electric meters, offering convenience for separate utilities and streamlined management. The home has been maintained in good overall condition and offers strong long-term value in a desirable Queens location. Whether you are expanding your real estate portfolio or seeking a multi-unit income-producing property with solid returns, this is an opportunity not to be missed. Conveniently located near shopping, restaurants, schools, parks, major roadways, public transportation, and neighboring communities, providing tenants with easy access to everyday essentials and commuting options.

Amenities

  • Electricity Connected
  • First Floor Bedroom
  • First Floor Full Bath
  • Natural Gas Connected
  • Sewer Connected
  • Trash Collection Public

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.