Address: 240-21 68th Ave, Douglaston NY 11362
Neighborhood: Douglaston
Price: $1,299,000
Type: 2 Family Condominium
Construction: Brick & Frame
Heating: 1 Gas hot water boiler, baseboard heating
Building Size: 21' x 55'
Zoning: R4
Basement: Yes, fully finished with a 1 bedroom apartment
Parking: 2 car driveway + 1 car garage
Taxes: $9,026
Monthly HOA: $175 (includes HOA insurance & cold water)
MLS# 884172
Status: 100% Available. PRICE REDUCED!
Neighborhood: Douglaston
Price: $1,299,000
Type: 2 Family Condominium
Construction: Brick & Frame
Heating: 1 Gas hot water boiler, baseboard heating
Building Size: 21' x 55'
Zoning: R4
Basement: Yes, fully finished with a 1 bedroom apartment
Parking: 2 car driveway + 1 car garage
Taxes: $9,026
Monthly HOA: $175 (includes HOA insurance & cold water)
MLS# 884172
Status: 100% Available. PRICE REDUCED!
Description:Legal 2 family condominium
Unit 2: 3 Bedrooms & 2 Full Baths. $2,000/month rent. Month to month tenancy. No active lease. Includes use of the garage.
Unit 1: 1 Bedrooms & 1 Full Baths. $1,900/month rent. Lease expires 03/31/2026. Includes the left driveway.
Ground level: 1 Bedroom & 1 bath. $1,400/month rent. Lease expires 09/14/2025
Right Driveway Rental: $200/month. No lease.
Current Monthly Income: $5,500
Current Annual Income: $66,000
Monthly HOA: $175/month
Annual Taxes: $9,026
Rare opportunity to own a fully maintained, cash-flow positive legal 2-family brick condominium in the heart of Douglaston, located in highly sought-after School District #26. This spacious property features a 3-bedroom & 2-bathroom unit on the second floor, a 1-bedroom & 1-bathroom apartment on the first floor, and a fully finished 1-bedroom & 1-bathroom ADU unit in the basement with private access to the backyard. Includes a 2-car private driveway and 1-car garage. Gas heating and hot water are provided for all units and paid by the landlord. Zoned for top-rated PS 221 and MS 67. Conveniently located near Alley Pond Park, the Q30 express bus to NYC, Grand Central Parkway, LIE, and Cross Island Parkway. Perfect for end-users, investors, or multi-generational living—this is a rare find with great potential in a prime Queens location. Won't last - come take a look TODAY!
Current Monthly rental income is $5,500
TOTAL ANNUAL INCOME FROM ALL TENANTS IS OVER $66,000
Unit 2: 3 Bedrooms & 2 Full Baths. $2,000/month rent. Month to month tenancy. No active lease. Includes use of the garage.
Unit 1: 1 Bedrooms & 1 Full Baths. $1,900/month rent. Lease expires 03/31/2026. Includes the left driveway.
Ground level: 1 Bedroom & 1 bath. $1,400/month rent. Lease expires 09/14/2025
Right Driveway Rental: $200/month. No lease.
Current Monthly Income: $5,500
Current Annual Income: $66,000
Monthly HOA: $175/month
Annual Taxes: $9,026
Rare opportunity to own a fully maintained, cash-flow positive legal 2-family brick condominium in the heart of Douglaston, located in highly sought-after School District #26. This spacious property features a 3-bedroom & 2-bathroom unit on the second floor, a 1-bedroom & 1-bathroom apartment on the first floor, and a fully finished 1-bedroom & 1-bathroom ADU unit in the basement with private access to the backyard. Includes a 2-car private driveway and 1-car garage. Gas heating and hot water are provided for all units and paid by the landlord. Zoned for top-rated PS 221 and MS 67. Conveniently located near Alley Pond Park, the Q30 express bus to NYC, Grand Central Parkway, LIE, and Cross Island Parkway. Perfect for end-users, investors, or multi-generational living—this is a rare find with great potential in a prime Queens location. Won't last - come take a look TODAY!
Current Monthly rental income is $5,500
TOTAL ANNUAL INCOME FROM ALL TENANTS IS OVER $66,000
