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.
Two‑Family Colonial with Detached Garage near LIRR
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.
See the properties helping shape the valuation.
Comparable sales
- 1 fewer bedroom
- 0.5 fewer bathrooms
- Similar lot size
- 5 years newer
- 600 SF larger
- 1 additional bedroom
- 3 additional bathrooms
- Similar lot size
- Same year built
- Same living area
- Similar lot size
- Same year built
A 1920 colonial on 0.09 acres.
Building
Site & utilities
Queens Village
Researched nearby locations
Location
220-16 93rd Road, Queens Village, NY 11428
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.
Very good access to outdoor recreation with Cunningham Park and Belmont Park nearby, plus neighborhood green space and quick LIRR access for regional destinations.
A factual market snapshot around 220-16 93rd Road.
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.
General Residence District
Zoning
Research-indicated uses
- Two Family
- Single Family
- Community Facilities
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- 1 fewer bedroom
- 0.5 fewer bathrooms
- 600 SF larger
- 1 additional bedroom
- 3 additional bathrooms
What the research supports — and what is still worth verifying.
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)
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm lot dimensions and boundaries
- Verify renovation permits were properly pulled
- Confirm legal two-family status and compliance
- Professional home inspection
- Roof condition assessment
What stands out about this property.
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
Sources & research confidence.
See where the property research came from and how confidence varies by field.