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. Free Market Rent ( NO RENT STABILIZATION NOR RENT CONTROL).
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.
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Zillow last checked:
Listing updated:
Listed by:
East Coast Realty by Zarina II718-271-2121,
Zarina Yusupova718-271-2121
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1000407
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4
Heating
Baseboard, Hot Water, Radiant, Other
Cooling
None
Features
Other
Attic: None
Property
Parking
Total spaces: 3
Parking features: Attached, Driveway
Garage spaces: 1
Has uncovered spaces: Yes
Lot
Size: 1,805 Square Feet
Details
Parcel number: 4021080060
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Property subtype: Triplex, Multi Family
Materials
Brick
Condition
Year built: 1955
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: See Remarks
Community & HOA
Location
Region: Rego Park
Financial & listing details
Tax assessed value: $1,206,000
Annual tax amount: $11,050
Date on market: 5/15/2026
Cumulative days on market: 85 days
Listing agreement: Exclusive Right To Sell
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
8/21/2026
Listed for sale
$1,788,888-0.6%
Source: OneKey® MLS as distributed by MLS GRID #1000407Report a problem
8/6/2026
Listing removed
$1,799,999
Source: OneKey® MLS as distributed by MLS GRID #1000407Report a problem
7/27/2026
Price change
$1,799,999-5.2%
Source: OneKey® MLS as distributed by MLS GRID #1000407Report a problem
5/12/2026
Listed for sale
$1,899,000
Source: OneKey® MLS as distributed by MLS GRID #998913Report a problem
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.