Discover exceptional space and luxury in this newly renovated multi-family residence—the largest home in all of Cambria Heights. Featuring an impressive 10 bedrooms and 5 full bathrooms, each level offers its own private entrance, creating unmatched versatility for both end-users and investors. The property includes a fully finished basement with a separate entrance, providing valuable additional income potential. Ideal for investors, multigenerational living, or those seeking substantial rental revenue. Perfectly situated near top-tier schools, major transportation hubs, shopping, dining, and close to highways, bus routes, and the UBS Arena—this location offers ultimate convenience. A standout feature of this property is its oversized garage, reflecting the extensive upgrades and thoughtful renovations throughout the home. Opportunities like this are extremely rare. With its extraordinary size, modern finishes, and income-generating layout, this home represents one of the most significant and unique offerings in the Cambria Heights market.
**First floor currently holds an active doctor's license — ideal for home office, medical/professional use, or rental income (verify zoning/transferability)
Listed by Patrick Dominique
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One Stop Agency
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917-567-2462
Last updated January 28, 2026
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Source: OneKey #940369
Listing Facts
TypeMulti-family
NeighborhoodLong Island Estates
Bedrooms11
Bathrooms5
Days on Prevu59
Taxes$7,681.12/year
Amenities
Parking
Location
Mortgage Calculator
Listing History
01/19/2026
Price Decreased
$1,550,000
12/16/2025
Price Decreased
$1,560,000
12/11/2025
Price Decreased
$1,569,000
12/02/2025
Listed by One Stop Agency
$1,599,000
Estimated Closing Costs
Total
$55,845
Attorney Fees
$4,000
NYC Mansion Tax
$15,500
Title Insurance
$6,975
Bank Attorney
$1,500
Mortgage Recording Tax
$23,870
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,550,000 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
Features
Fencing: Full
Measurements
Building Area Total: 3,412
Building Area Units: Square Feet
Lot Size Acres: 0.09
Lot Size Dimensions: 4,000
Lot Size Square Feet: 4,000
Financial
Taxes
Parcel Number: 11322-0032
Tax Annual Amount: $7,681.12
Tax Assessed Value: $65,220.00
Tax Year: 2024
Interior
Features
Flooring: Hardwood
Interior Features: First Floor Bedroom, First Floor Full Bath, Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Open Kitchen
Rooms
Basement: Full, See Remarks, Walk-Out Access
Has Basement: Yes
Bathrooms Full: 5
Bathrooms Total Integer: 5
Bedrooms Total: 11
Parking
Parking
Carport Spaces: 3
Carport: Yes
Garage Spaces: 2
Garage: Yes
Parking Features: Carport
Parking Total: 5
Schools
Elementary School
Elementary School: Ps/Ms 147 Ronald Mcnair
Elementary School District: Queens 29
High School
High School: Contact Agent
High School District: Queens 29
Middle or Junior School
Middle Or Junior School District: Queens 29
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Heating: Baseboard
Sewer: Public Sewer
Utilities: Natural Gas Connected, See Remarks, Sewer Connected, Trash Collection Public, Underground Utilities, Water Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 11 bedrooms and 5 bathrooms in this multi-family home at 116-01 221st Street.
What schools are nearby to 116-01 221st Street?
Nearby schools include the Ps/Ms 147 Ronald Mcnair Elementary School and Contact Agent High School.
Does this multi-family home have parking?
Yes, there are 2 parking spaces 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 $7,681.
116-01 221st Street is a 11-bedroom, 5-bath multi-family home for sale in Cambria Heights NY 11411. Listed on Prevu for 59 days at $1,550,000. This includes a recent price decrease of $10,000. This home is located in Long Island Estates. The median listing price for multi-family homes in this area is $599,000. Nearby schools include Ps/Ms 147 Ronald Mcnair Elementary School and Contact Agent High School. Property amenities include parking. Browse more multi-family home listings in Queens.
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