$875,000
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
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.
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.
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.
Martin Van Buren High School
High
Jean Nuzzi Intermediate School
Middle
PS 33 Edward M. Funk
Elementary
Very good access to outdoor recreation with Cunningham Park and Belmont Park nearby, plus neighborhood green space and quick LIRR access for regional destinations.
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.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$850K
Midpoint
$875K
High
$900K
$486.11/SF estimated price per square foot
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.
Queens Village median home values increased 15% from 2020-2025. Diverse community with strong demand for multi-family housing. Walkability Rating estimate: 88/100.
Convenient access to public transportation, shopping, and recreational facilities. Proximity to major highways and airports enhances connectivity.
Market data is based on aggregated public records and may not reflect real-time conditions.
Allowed Uses
$0.01/SF
Nominal consideration; potential family transfer
$108.06/SF
Arm's length transaction
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