OPEN HOUSE 01/10/2026 Saturday 1pm to 3pm Premier Investment & Development Offering: Cash-Flowing Two-Family Residence on a Strategic R4-1 Double Lot in Affluent Middle Village, Queens We are pleased to introduce a highly strategic and versatile investment opportunity in the heart of Middle Village, one of Queens’ most sought-after and stable residential neighborhoods. This exceptional offering comprises a well-maintained, cash-flowing two-family residence situated on a genuinely rare, oversized double lot measuring 50 feet by 84.58 feet, totaling 4,229 square feet, and benefit-ing from R4-1 zoning. The property delivers immediate, stable residential income, presenting an attractive return for investors and a unique opportunity for an owner-occupant to subsidize their mortgage. Critically, the generous lot size and favorable zoning unlock significant future development and expansion potential, positioning this asset as an ideal acquisition for sophisticated investors and developers dedicated to maximizing density, leveraging buildable square footage, and achieving long-term capital appreciation within a consistently high-demand market. The existing structure is a meticulously cared-for two-family home, currently configured with two independent, well-laid-out apartments (convertible 2-over-2 bedrooms). * Current Configuration: The apartments feature spacious layouts and impressive 10-foot ceilings, enhancing the sense of volume and light. The property includes three full bathrooms and a fully finished, high-ceiling basement with a dedicated separate entrance, offering substantial flexible space for recreational or auxiliary use. * Condition and Upgrades: The property is in excellent physical condition, benefiting from recent capital expenditures, including the installation of energy-efficient Renewal by Andersen windows (complete with transferable warranties) and a professionally maintained roof system, minimizing immediate CapEx requirements for the new owner. * Amenities: A critical feature for this area is the abundant private parking facilitated by a dedicated, multi-car driveway. The property is set upon beautifully maintained, mature landscaped grounds, contributing significantly to its curb appeal and overall desirability. Unlocking Development Value (R4-1 Zoning Analysis) The true distinction of this offering lies in the expansive lot size coupled with the advantageous R4-1 zoning, which permits one- or two-family detached or semi-detached residential structures. The current lot size (4,229 SF) provides an exceptional canvas for value maximization strategies. Middle Village is renowned for its enduring market stability, community focus, and superior quality of life, ensuring robust long-term demand for residential properties. * Exceptional Community Amenities: The property is strategically located near the area’s most desirable community features, including proximity to highly-rated Queens District 24 public schools and the vast recreational facilities of Juniper Valley Park. Residents benefit from immediate access to the established, dense retail and service corridor along Metropolitan Avenue. * Transportation and Accessibility: Commuting is highly efficient. Local bus lines provide seamless connectivity directly to major subway hubs, including the M and R lines, facilitating quick and reliable travel into Manhattan and throughout the surrounding boroughs. The location offers excellent vehicular access to key regional thoroughfares. * Financial & Operational Advantages: The asset benefits from comparatively low property taxes for the area. Furthermore, the property is confirmed to be situated outside the designated FEMA flood zone, mitigating long-term insurance costs and operational risks, thereby enhancing the net operating income. This comprehensive offering represents a rare convergence of immediate cash flow, pristine asset condition, and exceptional embedded development value in a premier, low-risk Queens residential neighborhood. It is a compelling opportunity for investors seeking performance and substantial future capital appreciation.