*CASH ONLY! NOT MORTGAGEABLE!* RARE OPPORTUNITY IN THE HEART OF REGO PARK! Discover the incredible potential of this attached brick two-family home, ideally located near everything Rego Park has to offer. Each spacious unit features 2 generously sized bedrooms, 1 full bathroom with tub and shower, a large living room, and an eat-in kitchen. The home also offers a full finished basement with a separate outside entrance, a charming front porch, fenced backyard, oversized garage with space for up to 2 cars, and a private driveway for an additional vehicle. Separate utility meters for each unit add convenience for a multifamily setup. The property is in need of renovation and cosmetic updating, presenting a fantastic opportunity to transform it into something truly special. Conveniently located near public transportation, major highways, parks, grocery stores, shopping, dining, and everyday amenities. Whether you're looking to live in one unit while generating rental income from the other or add a multifamily property to your investment portfolio, this home offers tremendous income-producing potential in a highly desirable location. This residence has the potential! Just bring your vision and unlock the full potential of this Rego Park multifamily home! EACH UNIT HAS: 2 Huge Bedrooms 1 Full Bathroom (shower & tub) Eat-In Kitchen Huge Living Room BUILDING HAS: 2 Car Attached Garage Private Driveway Front Porch Private Fenced Backyard Full Finished Basement w/OSE Oil Heat Sep Gas (cooking) & Electric Meters WILL BE DELIVERED VACANT!
| MLS # | 1037220 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1965 |
| Days On Site | 95 |
| Listing Provided By | Property Professionals Realty | Payal Kaliandasani |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,750 |
| Garage | 2 |
| Basement | Y |
| Units | 2 |
| Acreage | 0.05 |
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Hot Air, Oil |
| Interior Features | First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen |
| Window Features | Casement |
| Construction Materials | Brick |
|---|---|
| Lot Features | Back Yard, Landscaped, Level, Near Public Transit, Near School, Near Shops, Paved |
| Fencing | Back Yard, Full |
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Attached, Covered, Driveway, Garage, Private |
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Trash Collection Public, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2026 |
|---|---|
| Tax Assessed Value | 81420 |
| Tax Annual Amount | 12039 |
| Tax Lot | 34 |
| State | NY |
|---|---|
| County | Queens |
| City | Rego Park |
| Zip Code | 11374 |
| School District | Forest Hills High School |
| Elementary School | Ps 220 Edward Mandel |
| High School | Forest Hills High School |
| Listing VS Median (in 11374) | |
Price: $1,100,000 low | high Med: $396,500 sqft: 2,750 low | high Med: 975 $ / sqft: $400 low | high Med: $420 On site: 95 low | high Med: 117.5 | |
| State | NY |
|---|---|
| County | Queens |
| City | Rego Park |
| Zip Code | 11374 |
| School District | Forest Hills High School |
| Elementary School | Ps 220 Edward Mandel |
| High School | Forest Hills High School |
| Listing VS Median (in 11374) | |
Price: $1,100,000 low | high Med: $396,500 sqft: 2,750 low | high Med: 975 $ / sqft: $400 low | high Med: $420 On site: 95 low | high Med: 117.5 | |