79-20 Kneeland Avenue

79-20 Kneeland Avenue, New York, NY, 11373

$1,900,000

active

Bedrooms

Bathrooms

Lot Size

2,408 sqft

Year Built

1975

Garage

1 car

Type

Multi Family

Monthly Cost

Estimate. Actual payment depends on credit, lender, taxes, and insurance.

$11,215/month estimated

Principal & interest: $10,113
Property tax: $977
Home insurance (est.): $125

Down payment %Interest rate %Term (years)

Down payment: $380,000 · Loan amount: $1,520,000

Description

Elmhurst Queens 3-Unit Multi-Family – Legal 2-Family with Accessory Unit, Garage & Backyard Welcome to this well-maintained brick 3-unit property in Elmhurst, Queens, offering approximately 4,400 sq ft of living space and exceptional flexibility for both investors and end-users. Configured as a legal 2-family with an accessory unit (C/O in place), this home delivers strong income potential in one of Queens’ most in-demand neighborhoods. Property Highlights: Building Size: 21’ x 55’ Approx. 4,400 Sq Ft Interior 3-unit layout (legal 2-family + accessory unit) Gas heating system Roof, boiler, and hot water heater updated within the last 3 years Private garage + backyard Multiple balconies for added outdoor space Layout Overview: First Floor: Garage + 1-bedroom, 1-bathroom unit (3 rooms) Second Floor: Spacious 3-bedroom, 1.5-bathroom unit with balcony (6 rooms) – Delivered vacant at closing Third Floor: 3-bedroom, 1.5-bathroom unit with balcony (6 rooms) Finished Basement: Additional living space featuring laundry room, 1 bedroom, and 1.5 bathrooms Rental Income & Value-Add Opportunity: 1st Floor: $2,000/month (month-to-month) 3rd Floor: $3,300/month (month-to-month) 2nd Floor: Vacant – ideal for owner-occupancy or market-rate rental to maximize cash flow This is a standout opportunity for buyers searching for an Elmhurst multi-family home, Queens income property, or a 3-unit investment property in NYC. Live in one unit while generating income from the others, or fully lease for strong long-term returns. Prime Elmhurst Location: Conveniently located near shopping, restaurants, schools, and public transportation, with easy access to subways, buses, and major highways, making commuting throughout Queens, Manhattan, and NYC seamless. Elmhurst continues to be a high-demand rental market, making this a smart and strategic investment.

Features

✓ First Floor Bedroom
✓ First Floor Full Bath
✓ Breakfast Bar
✓ Formal Dining
✓ Natural Woodwork
✓ Original Details
✓ Storage
✓ Washer/Dryer Hookup

Property Details

Cooling: Central Air
Heating: Natural Gas
Basement: Finished, Full, Walk-Out Access

Schools

Elementary

—

Middle

—

Queens 30

High

—

Queens24

Location

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Map of 79-20 Kneeland Avenue, New York, NY, 11373

Listed by Jennifer D. Gordillo, RE/MAX Team

MLS# KEY989759718-429-4400

Listings courtesy of OneKey® MLS as distributed by MLS GRID

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