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99-13 62nd Dr

queens, NY 11374

$1,899,000

  • 8 BR
    4 BA

Interested? Let's Connect

LOCATION, LOCATION, LOCATION! Prime investment opportunity in the heart of Rego Park. This legal 3-family pre-war townhouse sits on a 19x95 lot and features three full floors, an elongated garage, and multiple parking spaces — a rare parking goldmine with excellent income potential.

The property includes a 2-bedroom unit on the first floor and two 3-bedroom units on the second and third floors. The first and third floor units have been recently vacated and are move-in ready. The second-floor unit has been fully renovated with updated granite countertops, custom cabinetry, stainless steel appliances, and brand-new bathrooms. The current tenant is paying $3,500/month on a month-to-month basis.

The third-floor apartment is currently under minor renovations, and updated photos will be provided once the work is completed. Additionally, the third-floor unit includes a convenient laundry hamper located in the bathroom for added functionality.

Ideal for investors or end-users seeking strong rental income while occupying one unit, this middle-unit townhouse also offers approximately 50% savings on utility bills. The roof crawl space is insulated for additional sealing and energy efficiency.

Situated on a wide, sunny street with excellent feng shui, the home also features a private backyard oasis perfect for outdoor enjoyment and entertaining. Conveniently located near elementary, middle, and high schools, as well as a variety of shops and restaurants. Just steps from Rego Center and Queens Center, with easy access to buses, trains, major highways, and only minutes from Queens Boulevard.

A rare opportunity for investment or comfortable multi-generational living. Property sold as is.

Details

1,805 Sq Ft Lot Size

investment

$921 Monthly Tax

Built in 1955

MLS/Listing ID 1000407

3 Units

Amenities & Features

Parking - Driveway

Parking - Attached

Construction - Brick

Public Sewer

Public Water

Heating - Radiant

Heating - Other

Heating - Hot Water

Heating - Baseboard

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