Multifamily Property for Sale in Queens, NY

  • Price: $2.5M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Queens, NY 11363
  • Size: 7,524 SF
  • Year built: 1931

Description

Desirable area of Douglaston near Long Island Railroad, Douglaston Station, minutes to NYC.

Market Context

This multifamily in Queens, NY is listed for sale at $2,450,000 across 7,524 SF. The building dates to 1931. It has been on the market for 41 days. Compare it against other multifamily listings for sale in Queens, NY — <a href="/search/sale/multifamily/new-york/queens">view the full market</a>.

As of Q1 2025, the New York City Area multifamily market showed a 4.8% vacancy rate, and rents up 6.3% year over year. Source: CBRE Q1 2025 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Multifamily market FAQ

Is the New York City Area multifamily market tightening or softening?
Vacancy is around 4.8%, with asking rents rising year over year (Q1 2025).

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