Michael Ferrara
Michael Ferrara
Call: (718) 704-8907
Text: (718) 704-8907
MLS#1059279
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLContact Agent
Property Description
Welcome to one of the largest and most unique homes in Cambria Heights! This massive, fully renovated multi-family residence offers exceptional space, versatility and tremendous income potential. Delivered VACANT, allowing the new owner to immediately occupy, rent and maximize the property from day one.Featuring expansive living areas, multiple private entrances, a full finished basement, additional attic space, private parking and an oversized garage. Ideal for investors, owner-occupants or multi-generational living.With the property's exceptional size and configuration, projected rental income has the potential to approach approximately $18,000 per month when fully utilized and rented at market rates. Buyer to independently verify rents, legal use and configuration.A truly rare Cambria Heights investment opportunity offering tremendous space, flexibility and income potential. Delivered completely vacant!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: Central Air
Garage: 1
Heating: Natural Gas
Taxes: $5,735
Year Built: 1930
Amenities
First Floor Bedroom
First Floor Full Bath
Breakfast Bar
Ceiling Fan(s)
Chandelier
ENERGY STAR Qualified Door(s)
Granite Counters
High Ceilings
Kitchen Island
Marble Counters
Natural Woodwork
Open Kitchen
Pantry
Walk-In Closet(s)
Feature Descriptions
Exterior: Brick
GarageY/N: Yes
On Market Date: 2026-10-06
Parking Features: Attached, Carport, Garage
Rental Term: Monthly
Sewer: Public Sewer
Units: 2
Utilities: Cable Available, Electricity Available
Water: Public
Local Schools
High School: Contact Agent
Elementary School: Contact Agent
School District: Contact Agent
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Estimated Payment
$ 4,505.49 per month $3,560.91 Principal & Interest $477.92 Property Tax $466.67 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: One Stop Agency
Agency Contact: 917-567-2462
Shown By
Agent Name: Michael Ferrara
Agent Phone: (718) 704-8907
Agency Title: Laffey Real Estate
116-01 221 | MLS# 1059279
This multi-family property located at 116-01 221 , Cambria Heights, NY 11411 is currently listed for sale with an asking price of $1,600,000. 116-01 221 is located within the Contact Agent school district. Search Cambria Heights real estate on michaelferrara.laffey.com today.