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116-01 221st StreetCambria Heights, NY 11411

For Sale

$1,600,000

Smart Buyer Rebate $20,000

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!

Listed by Patrick Dominique

·

One Stop Agency

·

917-567-2462

Last updated October 10, 2026

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Source: OneKey #1059279

Listing Facts

  • TypeMulti-family
  • NeighborhoodLong Island Estates
  • Days on Prevu25
  • Taxes$5,735/year

Amenities

  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

10/06/2026
Listed by One Stop Agency
$1,600,000
  1. 10/06/2026$1,600,000
    Listed by One Stop Agency

Estimated Closing Costs

Attorney Fees
$4,000
NYC Mansion Tax
$16,000
Title Insurance
$7,200
Bank Attorney
$1,500
Mortgage Recording Tax
$24,640
Other Closing Costs
$4,000
Total
$57,340

Estimated closing costs are based on the list price of $1,600,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 116-01 221st Street

Exterior

Construction

  • Number Of Units Total: 2
  • Year Built: 1930
  • Construction Materials: Brick

Measurements

  • Building Area Units: Square Feet

Financial

Taxes

  • Parcel Number: 11322-0032
  • Tax Annual Amount: $5,735.00
  • Tax Year: 2026

Interior

Features

  • Interior Features: 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)

Rooms

  • Basement: Full
  • Has Basement: Yes

Parking

Parking

  • Carport Spaces: 2
  • Carport: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: Attached, Carport, Garage

Schools

Elementary School

  • Elementary School: Contact Agent
  • Elementary School District: Contact Agent

High School

  • High School: Contact Agent
  • High School District: Contact Agent

Middle or Junior School

  • Middle Or Junior School: Call Listing Agent
  • Middle Or Junior School District: Contact Agent

Utilities

Equipment

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 116-01 221st Street.

What schools are nearby to 116-01 221st Street?

Nearby schools include the Contact Agent Elementary School, Call Listing Agent Middle School, and Contact Agent High School.

Does this multi-family home have parking?

Yes, there is 1 parking space available for 116-01 221st Street.

What are the annual taxes for 116-01 221st Street?

Annual taxes for this multi-family home are estimated at $5,735.

How does 116-01 221st Street compare to other multi-family homes in Long Island Estates?

This multi-family home is listed 31% above the average price for multi-family homes in Long Island Estates and has been on the market for 62 less days than the typical home in this area.

116-01 221st Street is a -bedroom multi-family home for sale in Cambria Heights NY 11411. Available on Prevu for 25 days at $1,600,000. This residence is located in Long Island Estates. The median listing price for multi-family homes in this area is $800,000. Nearby schools include Contact Agent Elementary School, Call Listing Agent Middle School, and Contact Agent High School. The home offers air conditioning and parking. Explore more multi-family home listings in Queens.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.