Property listing for 220-16 93rd Road, Queens Village, NY 11428
For SaleMulti‑Family Home

$875,000

220-16 93rd Road, Queens Village, NY 11428

Two‑Family Colonial with Detached Garage near LIRR

4 Bed · 2 Bath · 1,800 Sq Ft

Converted 2‑family on 4,000 SF lot — strong rental upside

4

Beds

2

Baths

1,800

Sq Ft

1920

Built

0.09 acres

Lot

Detached 2-car garage

Garage

About 220-16 93rd Road

What sets 220‑16 93rd Road apart is practicality: a classic colonial form converted to a two‑family configuration on a full 4,000‑square‑foot parcel, just a half‑mile from the Queens Village LIRR station. Built in 1920 and spanning approximately 1,800 square feet, the house keeps its traditional proportions and a simple, serviceable exterior of aluminum/vinyl siding and an asphalt shingle roof. Inside you’ll find four bedrooms and two bathrooms arranged across two levels, with a full basement that expands storage and renovation possibilities.

The property is currently owner‑occupied and configured to generate rental income — local market analysis supports an estimated rent near $3,500/month. Heating runs on a hot‑water system and cooling is handled with window units, keeping systems straightforward for a new owner or investor. A detached frame garage and level lot with roughly 40 feet of frontage deliver rare parking convenience in this part of Queens.

Location is a central selling point. A quick walk lands you at Jamaica Avenue’s shopping corridor and neighborhood restaurants; Belmont Park and Cunningham Park sit within short drives for weekend recreation. The home’s R3‑2 zoning allows legally permitted two‑family use, but prospective buyers should confirm conversion compliance and permits as part of due diligence. Tax records show owner occupancy and historically modest assessed values against recent market appreciation.

From an investment perspective this house delivers flexibility: owner‑occupy one unit while renting the other, or position both units for steady income. Comparable sales within a half‑mile indicate current market value in the $850K–$900K range (midpoint ~$875K), and Queens Village has seen steady appreciation and low inventory that supports rental demand. Key inspections — roof, mechanical systems, and legal confirmation of the two‑family conversion — are recommended to validate upside and long‑term maintenance needs.

Home Highlights

Converted two‑family layout offering rental income potentialDetached garage with parking — rare for the neighborhoodFull basement provides storage or expansion opportunity1,800 SF on a 4,000 SF lot with 40' frontageApproximately 0.5 mile to Queens Village LIRR StationR3‑2 zoning allowing two‑family use (verify permits)

Property Features

Interior Features

  • Approx. 1,800 SF living area
  • 4 bedrooms, 2 full bathrooms
  • Full basement for storage or finished space
  • Hot‑water heating system
  • Window‑unit cooling

Exterior & Lot

  • 4,000 SF lot (approx. 40' frontage)
  • Detached frame garage (est. 2 cars)
  • Aluminum/vinyl siding
  • Asphalt shingle roof
  • Level topography and residential driveway

Location & Neighborhood

  • 0.5 mi to Queens Village LIRR Station
  • 0.3 mi to Jamaica Avenue shopping corridor
  • 1.5 mi to Belmont Park
  • 2 mi to Cunningham Park
  • Convenient access to Springfield Boulevard and regional highways

Walkability & Recreation

  • Walkability Rating: 88/100 — Very walkable with errands and shops nearby
  • Nearby parks and green spaces: Cunningham Park (2 mi)
  • Belmont Park (1.5 mi) for events and seasonal activities
  • LIRR access for commuting and regional recreation
  • Local shopping along Jamaica Avenue within easy walking distance

Neighborhood & Location

Queens Village blends suburban calm with urban convenience. Tree‑lined streets and established homes define the area, while Jamaica Avenue offers neighborhood shopping, cafes, and services within walking distance. Commuters benefit from the Queens Village LIRR station and nearby major corridors; families use local parks and Belmont Park for weekend recreation. The community is diverse, steadily appreciating, and attractive to renters and owner‑occupiers seeking practical transit access without Manhattan prices.

Market Insights

Queens Village currently reads as a balanced but active market. Inventory sits low at roughly 2.5 months, with an average days on market near 46 days — a cadence that favors well‑priced, transit‑adjacent properties. Median sale prices in the area hover around $799,000, while immediate comparables support an $850K–$900K band for homes similar in size and lot. One‑year appreciation is modest (about 5%), with five‑year growth closer to 15%, reflecting steady demand rather than speculative spikes.

Multi‑family and converted two‑family homes outperform single‑family listings locally because of strong neighborhood rental demand and proximity to the LIRR and transit links. Estimated rental income (market comps support roughly $3,500/month) produces a gross rental yield near 4.8% and a GRM in the low‑20s — attractive for owner‑occupiers offsetting mortgage costs or small investors seeking stable cash flow. With limited on‑market inventory, properties offering immediate rentability and parking (a detached garage here) receive outsized attention. Buyers should act with standard diligence — verify legal two‑family status, inspect major systems, and confirm permitted work — but market signals indicate this is a favorable time to secure a transit‑oriented, income‑capable asset in Queens Village.

Nearby Schools

Martin Van Buren High School

High

5/10

Jean Nuzzi Intermediate School

Middle

5/10

PS 33 Edward M. Funk

Elementary

4/10

Walkability & Recreation

88
Walkability
75
Recreation

Very good access to outdoor recreation with Cunningham Park and Belmont Park nearby, plus neighborhood green space and quick LIRR access for regional destinations.

Investment Highlights

  • Converted 2-family home offering rental income potential
  • Located in Queens Village with strong demand for multi-family housing
  • Proximity to public transportation and major highways enhances tenant appeal
  • Detached garage and full basement provide additional utility and storage
  • Significant appreciation potential in a steadily growing market

Key Findings

  • Assessed value $48,060 (land $12,480, improvements $35,580) — annual taxes $6,592
  • Zoned R3-2 allowing two-family residences and community facilities
  • Comparable sales within 0.5 miles in last 12 months range $850K–$900K
  • Average days on market in Queens Village: 46 days (balanced market)

Things to Consider

  • Built in 1920 — potential for aging infrastructure requiring updates
  • Limited documentation on recent renovations or system upgrades
  • School ratings are average, which may impact family tenant interest
  • Property's conversion from single-family to two-family should be verified for compliance

Opportunity Analysis

Well-maintained 2-family home in a desirable Queens Village location with strong rental demand and significant appreciation potential. The property's configuration offers flexibility for owner-occupants or investors seeking rental income. Proximity to transportation and amenities enhances tenant appeal.

Potential Use Scenarios

  • Owner-occupy one unit and rent the other to offset mortgage costs
  • Lease both units to capitalize on strong rental demand in the area
  • Explore potential for value-add renovations to increase rental income

Risk Factors

  • Aging infrastructure may require capital expenditures
  • Verification needed for legal two-family status and compliance
  • Market fluctuations could impact rental rates and property value

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$850K

Midpoint

$875K

High

$900K

$486.11/SF estimated price per square foot

82% confidence

Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 12 months. Adjusted for size, condition, and location. Income approach supports $3,500/mo rental value (GRM of ~21x). Assessed value of $48,060 appears below market.

As of 2026-05-07

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$799,000
Avg Days on Market46 days
Inventory2.5 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)25,000
Median Income (1 mi)$75,000

Queens Village median home values increased 15% from 2020-2025. Diverse community with strong demand for multi-family housing. Walkability Rating estimate: 88/100.

Nearby Points of Interest

  • Queens Village LIRR Station (0.5 mi)
  • Belmont Park (1.5 mi)
  • Jamaica Avenue Shopping District (0.3 mi)
  • Cunningham Park (2 mi)
  • JFK International Airport (5 mi)

Convenient access to public transportation, shopping, and recreational facilities. Proximity to major highways and airports enhances connectivity.

School District

DistrictNew York City Geographic District #29
ElementaryPS 33 Edward M Funk (4/10)
MiddleJean Nuzzi Intermediate School (5/10)
HighMartin Van Buren High School (5/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1920
Constructionframe
Stories2
Roofasphalt shingle
Heatinghot water
Coolingwindow units
Basementfull
FireplaceNo
Conditionaverage

Lot & Site

Lot Size0.092 acres (4,000 SF)
Topographylevel
Parkingdetached_garage
Parking Spaces2
Frontage40 ft frontage on 93rd Road

Utilities

Watermunicipal
Sewermunicipal
ElectricCon Edison
GasNational Grid

Zoning & Land Use

Zoning CodeR3-2
DescriptionGeneral Residence District
JurisdictionNew York City

Allowed Uses

two familysingle familycommunity facilities
Current Useresidential
Assessor UseTwo Family Converted from One Family

Tax & Sale History

Tax Assessment

Total Assessed$48,060
Land$12,480
Improvements$35,580
Annual Tax (2025)$6,592

Sale History

2012-05-26$10

$0.01/SF

Nominal consideration; potential family transfer

1999-05-12$194,500

$108.06/SF

Arm's length transaction

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